How a New Garage Door Increases the Value of a Home!
Small renovations can boost the value of your property. Many homeowners are unaware that a garage door’s return on investment (ROI) is significantly higher than for other home improvements. According to surveys, installing a new garage door can boost the market value of a house by 15% to 20%. Whether you are planning to sell your house or give it an instant facelift, changing this feature can substantially boost the value of your home.
A new garage door enhances your home’s curb appeal
Curb appeal refers to how appealing your home seems when a potential buyer walks up to look at it, and it helps sell a home faster. Since the average garage makes up at least 30% of a home’s facade, it makes sense to put effort into it to form a positive opinion on the property. According to a study conducted by Michigan State University, a home with care put into curb appeal can improve its estimated worth by 5 to 11 percent.
Your garage door gets a lot of wear and tear and has to face the outside elements, which can make it wear faster. Horrible-looking, warped garage doors are a major turn-off to potential buyers. Upgrading to a midrange garage door is a straightforward and affordable way to spruce up your home’s exterior. With the customization options available, you can get that perfect custom garage door that matches the original architectural style of your home.
Upgrading your garage door has a high return on investment
Although home remodeling improves market value, from a return-on-investment standpoint, only a few improvements are known to pay off when it is time to sell. It may come as a surprise that garage door replacement always tops the list of the most cost-effective home remodeling projects. According to Remodeling magazine, the average homeowner recoups 91.5% of the cost of a garage door upgrade at resale.
Homes with energy-efficient garage doors tend to sell for more
The type of garage door you have has an impact on the value of your property. With energy costs continuing to rise, more and more homeowners are looking for ways to lower energy consumption and make their homes as energy-efficient as possible. One way to achieve this is by insulating the garage door. Potential buyers will likely choose a house that already has an insulated garage door rather than having to worry about doing it themselves or paying for insulation installation.
Older models of garage doors are frequently thinner and less conducive to insulation. By investing in a new insulated garage door, you can make your house even better than when it has an uninsulated garage door. Insulation is already included in the majority of garage doors available today. Homes with remodeled garages and new insulated garage doors sell for more than those with garage doors without.
A new garage door requires less maintenance
Garage doors are kept in proper working condition by having them serviced at least once a year. If your door is insulated and made of sturdy, low-maintenance steel or composite, you can make use of all the features of your new garage door without having to worry about upkeep.
Palms Garage Doors is a garage door company serving the Greater Bay Area from San Francisco to San Jose and up to Oakland. We specialize in garage door installation, so whether you need your old garage door replaced or you want to upgrade to a durable and energy-efficient overhead garage door, we have what you need. Contact us today for Free Estimates on our garage doors San Jose services.