How Much Value Does a Garage Door Add to Your Home?
Some homeowners seem to think their garage door is just a necessary evil – something they must put up with to have a place to store their cars and keep them guarded.
But many people don’t realize that a well-maintained garage door can add significant value to their home by increasing curb appeal.
While most people don’t think about it, the garage door is one of the first things visitors see when they come to your house. If it’s old and battered, it can give the impression that your entire home is in despair. But if it’s new and stylish, it can make a great first impression.
Even if you’re not planning on selling your home anytime soon, a new garage door can add value in other ways.
How Much Value Can A New Garage Door Add to Your Home?
Replacing your garage door by investing a few thousand bucks can give you a Return on Investment (ROI) of as much as 153% to 157%.
The cost of garage door replacement across the country is estimated to be more or less $3,907, and the task can appreciate your house’s value to $5,663.
Thus, investing in a quality garage door is not only an investment in your home’s security but also its resale value.
How Can You Get an Estimate of Your Home Following the Change?
Since garage doors can be expensive, it’s best to estimate how much your home will be worth after the change. It’d be a good idea to hire a professional as they can guide you better.
You can also look up recent sales in your neighborhood to get an idea of how many homes with updated garage doors are selling for a quick and easy way to ballpark your home’s value.
How Much Does Upgrading the Garage Door Cost?
A new garage door will set you back anywhere from a few hundred to several thousand dollars depending on the door’s size, style, and material.
You will also need to factor in installation costs, which will add to your total bill.
But even with these costs considered, upgrading your garage door is still one of the most cost-effective home improvement projects you can undertake.
Before you take up such projects and spend blindly on upgradation, it is suggested to seek advice from reliable professionals with years of experience in the field to understand better what goes into the pricing of a garage door.
They will be able to help you select a door that fits both your budget and your needs.
Additional Benefits of New Garage Doors
It looks like you’ve been sold on the idea of a new garage door, but what about the other benefits that come with it?
Aside from adding value to your home, a new garage door can offer several other advantages, including
If your old garage door is easy to break into, replacing it with a new one can help deter burglars and keep your family and possessions safe. Thus, get a new one from a reliable resource to ensure guaranteed protection.
Enhanced Energy Efficiency
Many newer garage doors are designed with energy efficiency in mind, which can help keep your home more comfortable and reduce energy bills.
Most new garage doors have features that improve safety, such as automatic stop and reverse functions that can prevent accidents.
Lower Maintenance Costs
A new garage door will likely require less maintenance than an older one, helping you to save money in the long run.
Improved Curb Appeal
As said earlier, upgrading your garage door can notably increase your home’s curb appeal. This is because first impressions matter, and prospective buyers will surely take note of a well-maintained garage door.
Which Type of Garage Doors Help Add More Value to Your Home?
Now that you’ve decided to replace your garage door, it’s time to choose the right one for your home.
There are various types of garage doors on the market, so it’s crucial to select one that will complement the style of your home and provide the level of security and functionality you need.
And let’s not forget to add to the resale value of it!
For example, a wooden garage door can add a touch of elegance to a traditional home, while a steel door may be more appropriate for a contemporary property.
You will also need to decide whether you want an automated or manual door, which can affect the price.
Where a manual wood door crafted elegantly may increase the value of your house by a few thousand dollars, an automated garage door with all the bells and whistles can help increase it twice in number.
Hence, choose wisely!
Invest Wisely in the Present for a Brighter Tomorrow
The bottom line is that a new garage door can add value to your home, but you need to select the right one to ensure you get the most value out of your investment.
Therefore it’s always advised to hire a professional to help you select and install your garage door!
And make sure that the company you select has impeccable customer service, an excellent reputation, and years of experience in garage door installation.