Your garage door is a significant part of the front of your home. It would only make sense that a new garage door would increase your home’s curb appeal and overall value. In fact, a garage door replacement is one of the best home renovation projects to choose from as it produces some of the highest return on investment compared to other projects.
The Value of a New Garage Door Installation: Numbers Don’t Lie
Is inflation terrible? Yes. Is the single-family-home shortage an issue? Also yes. But if there’s a silver lining to how expensive everything has gotten in the last few years, it’s the increased return on certain home improvement projects.
According to the 36th annual Cost vs Value Report, in 2023, garage door replacement ranks second at a whopping 102.7% return! It’s only surpassed by HVAC conversions, which offer a 103.5% ROI. People tend to think things like kitchen renos and bathroom additions offer the best return at time of sale, but that’s a total myth – a mid-range major kitchen remodel has a 41.8% return and a mid-range bathroom addition a particularly sad 30.2%.
In fact, besides the HVAC, the top 5 home improvement projects in terms of return in home equity all deal with curb appeal. A new entry door is a solid 100% return, and residing your house is a 94%-102.3% return depending on the material you choose. In all, totally revamping your curb appeal is always worth it – often more than 100% worth it.
Other Advantages to Installing a New Garage Door
Yes, installing a new garage door has such a great ROI that’s practically money in the bank. It’s the perfect way to invest the tax return, inheritance, or raise — and may be a very good reason to take out a home improvement loan. However, there are other reasons a new garage door install is a good idea, should you feel it’s time to swap out your current drab door:
- A new garage door can make your garage more functional, especially if you choose an alternative style to fit a garage that’s been converted into living space.
- A new door and new opener system means way less noise when you use the garage door.
- New garage doors and openers have enhanced security features.
- New garage door openers come with SB969-compliant battery backup units, so you can always use your automatic garage door, even in power outages.
- Choosing a well-insulated door and having it properly installed by garage door professionals will increase your home’s energy efficiency and keep your garage in a more comfortable temperature range.
In addition, a byproduct new garage door installation is increased curb appeal, which is part of where the ROI comes from. However, the curb appeal of your home also helps your neighborhood – it raises home values and motivates other people to spruce up their home’s façade, too.
Garage Door Installation & Replacement for Sacramento Residents & Businesses
When you decide it’s time for a new garage door, give SACS a call. We serve the entire Sacramento region with friendly, quality, professional service by insured, bonded and experienced garage door technicians. A local company, we’re as invested in the appearance and function of our neighbors’ homes and businesses as you are. Let us help you design the perfect overhead door – schedule a consultation.