Investing in your home only makes it more valuable and always worth it in the long run!
But the question is, does a new garage door increase home value?
The short answer would be YES.
Replacing a garage door can significantly enhance the overall curb appeal and functionality of your property. Beyond its practical purpose, a garage door serves as a focal point of your property’s exterior. It contributes to the first impression that attracts potential buyers.
Moreover, an upgraded garage door often brings improved insulation and security features. This can result in increased energy efficiency and a heightened sense of safety, factors that are increasingly prioritized in the real estate market. In short, modern, well-maintained,insulated garage doors can elevate the aesthetic appeal of a home. It can also reduce the value of garage door repair.
Here are seven reasons a new garage door increases your home value.
1. It’s All About the Home’s Curb Appeal!
Home value goes up the nicer it looks. And what’s one of the first things you see in a house? The garage! By updating or replacing a garage door, the whole house will have a nicer overall look and give a good first impression.
Consider a particular architectural style like a mid-century modern garage door and the home’s entire aesthetic will be enhanced. Or perhaps a nice contemporary aluminum,steel door, or faux wood garage door fits your style more. Paired with a new coat of paint and some beautiful landscaping, and you’ve got a restored home on your hands!
When you’re trying to keep up with the Joneses or overtake them, for that matter, an upscale garage door replacement will make your home the envy of the block.
2. It’s More Efficient
A new garage door, especially an insulated garage door, helps you save money on your energy bills due to the increased energy efficiency. Contemporary garage doors are insulated and built to keep outside temperatures outside. This is especially important for homes with attached garages. A drafty garage door with multiple air leaks can make the home hotter or colder, depending on the season, and, in turn, make the air conditioner or heaters work harder, driving energy costs.
Modern garage doors are built with an R-value which speaks to their thermal resistance. A door with a high R-value is more efficient at resisting conductive heat flow due to its insulation. Garage doors now come with various insulation levels which affect their density and thickness. A door with a high R-value can make the home more energy-efficient. Plus, the insulation also makes the door quieter when opening and closing!
3. It Provides a High ROI!
Like most homeowners, you might be wondering “how much value does a garage add to a house?” While this increase may change depending on your location, when making any improvements to your home, you should think about the return on investment (ROI).According to Remodeling Magazine, a garage door replacement has the highest ROI for home improvement projects.
National cost averages in 2019 placed garage doors at $3,611 and increased the resale value of the home by $3,520. While that is nearly breaking even, that is still 97.5% of the cost recouped, much higher than other home remodeling projects.
Considering redoing a backyard patio? Expect only a 55% ROI. Updating the garage door is a much cheaper and economical investment! This hopefully answers your question “how much value does a garage add to a house.”
4. It Increases Home Value
If you ever decide to sell your home, a new garage door is a great selling point for real estate agents. Prospective buyers will be instantly drawn to a beautiful new garage door; it will set the tone for the rest of the home and ultimately add value. You never know, you might get your asking price right away when they see the shiny new garage door!
5. It’s Time-Effective
Every homeowner knows that remodels and updates take TIME! And usually much more time than initially expected. Especially with everyone doing projects on their home during the COVID-19 pandemic, contractors are all booked up and taking longer on home renovations.
Updating the garage door can be done in a day! It’s a small, but mighty, improvement that can take a fraction of the time of any other remodeling project.Besides, the value of garage door repair or upgrade isn’t as expensive as renovating your bath or kitchen.
6. It Makes the Home Safer
According to statistics compiled by Safe At Last, 33.9% of all burglaries in the U.S. happen via the garage door. Garage doors, especially old ones, are easy to break into, providing access to valuables and potentially the rest of the house if it’s attached.
New garage doors are equipped with cameras and sensors that allow you to check on your home remotely. Just make sure the door is closed, and see what’s going on outside the home.In other words, replacing a garage door makes sense, especially if the old one has been around for quite some time.
A good example of new garage safety accessories is the LiftMaster Smart Garage Camera. This camera shows homeowners what’s happening outside their garage in real-time through a live HD feed and will automatically start recording video when motion is detected!
The camera paired with the LiftMaster Garage Door Opener, which alerts the homeowner via its Wi-Fi app every time the garage door opens or closes, will make the home a safer place. Plus, the motion sensor ensures that the door won’t close on pets, children, or other obstructions.
Again, a new garage door is a no-brainer!
7. It Requires Less Maintenance
A new garage door is built with quality components built to last. A high-quality garage door can last up to 30 years with proper maintenance. Considering a garage door is opened and closed an average of 1,500 times a year, an old door will need frequent maintenance and parts replacement. On the other hand, the value of garage door repair and maintenance is much less for a brand-new installation.
Thompson Garage Doors | Let’s Increase the Value of Your Home!
Thinking of updating your garage door? We think that’s a good idea! Here at Thompson Garage Doors, we have a wide variety of residential garage door styles from quality vendors. Once we choose a door, our expert technicians will install the door and provide on-going maintenance and repair whenever you need it!
Come visit our showroom today or reach out to talk to one of our door specialists!
