Tough decision for sure! Just a comment on garages. Decades ago, houses with no garage or 1 car were common in many areas. Then 2 car garages became the standard. Now 3 car garages seem to be the norm. Funny thing is I see as many cars parked on the driveway and street in the 3 car garage areas as in the 1 or 2. So I think the extra garage/shop area will only be a plus when eventually selling your house. I totally agree with the "wait a bit for building materials prices to come down a bit" sentiment. Local Home Depot has 7/16" osb for $45.50 a sheet, that's insane. Fed tightening and raising interest rates should cool the construction boom and bring prices down a bunch. If you don't need to sell the cars, think about waiting it out a bit.
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