I did this in 2008. I paid a little over $2000 to build a wall where the garage door is. I kept the garage door and all the hardware. It would cost about $500 to covert it back.(if you convert it, it increases your living space, thus increasing your home value)
I prefer the wall because of the weather. You need to have a well-insulated wall or it costs a ton to heat and cool and it is less drafty for the kids who sleep on the floor. It's been a wonderful set up and keeps the kids out of my home. I use a removable air conditioner in the window during the summer and my husband installed electric wall heaters and I supplement when it's really cold with a portable unit.
I also used the rubber mats for flooring which I loved because they were colorful and kept the kids from getting hurt. However, they were expensive to replace and hard to keep clean. When I got licensed and upped my ratio, I converted to inexpensive peel and stick floor tiles. I still use the rubber mats under my spring horse.
Go to my website http://growinggillans.com/ to look at my converted garage area.
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