U.S. Garage Trends
Bigger Garages
- There are more than 65 million garages in the United States. Source: Appliance.com
- In 1950, 59% of new homes had no garage, today 91% of new homes have a garage and 83% have a 2-car or more garage. Source: National Association of Home Builders Housing Facts, Figures and Trends 2004
- 17% of new homes in the U.S. have a three-car garage. Source: 2000 U.S. Census
- 25% of new homebuyers want at least a 3-car garage. Source: National Association of Home Builders Housing Facts, Figures and Trends 2004
- 1.3 million garages were converted into living space in 1998. Source: 2000 U.S. Census
- It costs $25 per square foot to add garage space, compared to a minimum of $100 per square foot to add onto a house. Source: Garage: Reinventing the Place We Park by Kira Obolensky
Garage Organization Trend is Huge
- The garage is the number one area in the home for storage and organization product spending in 2005. Source: Peachtree Consulting Survey
- Garage organization is the fastest growing segment within the $7 home organization sector. Source: Peachtree Consulting Survey
- Retail sales of garage organization products has increased 38% from 2001 to 2005 from $498 million to $688 million Source: HomeWorld Business, January 2006
- More than 84% of consumers are planning to or considering purchasing a garage organization system this year. Source: HomeWorld Business, January 2006
- Plastic is the preferred material type for garage organization products according to 83% of consumers Source: HomeWorld Business, January 2006
- The latest trend in home space usage by architects and builders is “flex space”—oversized garages that can be utilized for multiple purposes such as cars, workshops, kids’ play rooms and more. Source: Housingzone.com/ Professional Builder Magazine
- 75% of Americans still believe in the “American Dream” of home ownership — thenewest symbol of status in home ownership is the size of the garage to fit the family’s SUVs. Source: Housingzone.com/Professional Builder Magazine
New Uses for the Garage
Park the Car • Hobbies and Crafts area • Children’s Play Room • Ping Pong and Pool Tables • Smoking Room • Poker Room • Entertaining • Exercise Room • Personal Getaway