You can easily spend a couple thousand dollars on a new garage door installation — it’s a serious investment. Not that you should be scared. It’s actually a very sound investment since it’s real equity that gets pumped into the value of your home, nearly dollar for dollar. But it’s not like buying a pair of shoes either. This kind of home improvement is worth saving for, perhaps worth a home improvement loan from your bank.
And yes, any investment of this nature takes serious consideration. We don’t want to rush you. But it’s worth considering the advantages. While you want a new door that you can afford, you also don’t want to be too cheap with this purchase. The equity improvement depends on the quality of the door you buy. Here are 5 reasons investing in a quality new garage door is a good idea.
Here’s 5 of them:
Did you know that a new garage door has an average return-of-investment of 87%? Yep, according to Remodeling Impact Report from the National Association of Realtors, you can expect a significant return of what you paid if you sell your home.
2) Curb Appeal
In general, the newer and nicer looking your garage is, the more people are interested in your home. This is especially beneficial for homeowners who plan to sell within the next few years. Combined with ROI, a new garage door could help you sell your home and even make a little extra money back!
3) Energy Costs
Your garage is one of the largest openings in your home. In fact, it’s even been said that if a garage door is left open, it’s the equivalent of leaving every window open in your home! As you probably guessed, this is problematic if you live in areas that are hot or cold. And even if you leave the garage door closed, a poorly insulated door can and will negatively affect the temperature inside your home.
Because of this, some homeowners buy new doors just to lower their energy bill. These savings can often pay for the door over time!
A new overhead panel can actually be safer than an older one. Most newer doors are made with better material and technology which can significantly increase the safety.
Most people are used to their garage door opening in a jerky and noisy way. But many newer panels, especially when combined with a belt drive garage door opener, can open silently and smoothly.