Double Garage = Over Capitalizing?

Looking at the pros and cons of spending ~$25K on an attached double garage for the house. The DA has been approved but the construction estimates have blown out big time.

House is a 2 bedroom place on a 300 square metre block. Currently has off street parking for 2 cars which is open to the weather. Only storage I have outside is a Statco lawn locker. Will we be in this house for another 5 years max, before upgrading to something bigger.

Should I spend the money for the double garage, or is this a classic case of over capitalizing?


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