Your garage is one of the first features passersby notice when they view your home. A garage door may stand out prominently or blend in, depending on the color, size and style. It is a relatively affordable measure of ensuring your home attracts attention if you’re in the market to sell.
Read on to learn more about how much value a garage door can add to your home, ways it can increase your home’s appraisal and more. Partner with AAA Garage Door to upgrade your garage door and see how much it enhances your home’s curb appeal and worth.
How Much Value Does a New Garage Door Add to My Home?
According to Remodeling’s updated 2023 Cost and Value Report, there are various ways to secure a return on your investment by making home improvements. A garage door replacement ranks among the highest returns, with an estimated 102.7% cost recovery upon resale. Based on their national averages, replacing a garage door could cost up to $4,302, but you’ll get $4,415 back when you sell your home. Hence, garage door ROI is one of the most profitable gains.
The West North Central report averages differ slightly from the regional city report mentioned above, with a somewhat lower cost recoup amount of 78% compared to 102%. It is still significant compared to other home improvement projects that may seem to provide a greater return but offer less in resale value. Examples include roofing replacement at 42%, bathroom remodeling at 41%, major kitchen remodeling at 40%, deck addition at 38% and an upscale primary suite addition at 20%.
5 Ways a New Garage Door Increases Your Home’s Value
A residential garage door style that matches your home will likely add value in numerous ways. Your bottom-line resale price depends on the cost of installing a new door and its aesthetic appeal. Generally, the more you spend, the higher ROI you can expect. The new owners will appreciate the money and effort you put in — a benefit any prospective buyers should consider.
We’ve listed a few ways a new garage door can increase your home’s value that may help convince you to install one.
1. Increased Energy Efficiency
Most new garage doors have insulation and other high-quality materials that make them energy efficient, helping you save money in the long run. With the right insulation R-value, your garage door can regulate temperatures year-round.
You could save money on your energy bills with a well-insulated garage door, like one reinforced with numerous steel layers or made of polystyrene and polyurethane. Your HVAC system takes less strain when you don’t have to use it as frequently to heat or cool your living spaces, like rooms adjacent to your garage. Insulation keeps the cold air out in the winter while keeping the interior comfortable during summer.
2. Improved Door Durability
A new garage door consists of durable material that lasts many years. They often have aluminum or steel frames reinforced with internal polystyrene or polyurethane insulation. These doors offer more protection and durability, which will increase your home’s value through added security. New doors are less prone to damage from dents and don’t warp as easily.
You can expect your garage door to last up to 30 years if it doesn’t sustain severe damage from storms and adverse weather and you maintain it regularly. Wear and tear are inevitable, but you can minimize damage by having any dents repaired by a professional garage door contractor before they worsen. Fortunately, new doors carry a limited warranty that will cover damages for a specific period after you initially install it.
3. Less Maintenance
A new garage door costs less to maintain than an older one. Over time, worn components may start deteriorating and need replacing. The paint may also start peeling and chipping, leaving you with an eyesore. Though you can repaint it and replace the panels, these cosmetic fixes won’t have the same effect as a new garage door, especially to interested buyers who may perceive these as attempts to conceal its imperfections.
With an upgraded garage door, the people who buy your home will have peace of mind knowing they won’t have to install a new one for a long time, and they’re more likely to consider paying your full asking price if it saves them down the line.
4. Improved Curb Appeal
Your garage door’s appearance is essential if you’re considering ways to increase your home’s value. It should have at least three elements that make it stand out to improve the curb appeal.
- Customization: Your new garage door should enhance your house’s exterior by adding a modern, rustic or traditional touch based on your existing home style.
- Material: Sturdy materials like steel, solid wood or aluminum influence the value, durability and strength.
- Color: Choosing similar, bold or contrasting colors will complement your home, making it more attractive.
5. Modern Safety Features
Modern technology allows you to control newly installed garage doors with your smartphone, so you can set them to open and close automatically, monitor activity remotely and change the security codes as you wish. Most have an auto-reverse safety feature that prevents the door from closing on any person or object.
These garage door improvements will give potential buyers confidence, which an older door might not offer.
How Much Is a New Garage Door?
A new garage door can cost thousands of dollars, but you get what you pay for. Custom doors like carriage and French styles that meet specific requirements are pricey, though you can find more affordable options to suit any budget. Consider factors like whether you need a single or double garage, insulation, material and door opener types — these will all impact your price.
How Often Should You Replace Your Garage Door?
A new, well-maintained garage door should last a long time. If you experience a severe thunderstorm or accident that causes significant damage, you might have to repair or replace it. Preventive maintenance ensures you get maximum value and longevity for your money.
Get the Best Garage Door Resale Value With AAA Garage Door
Installing a new garage door has advantages. One of these is the ROI you can expect when selling your home. At AAA Garage Door, you can count on us to deliver outstanding service using the highest-quality material to install the garage door you need.