Spring is a great time of year to consider home improvement projects. If you’re looking for a smart investment, consider replacing your garage door. You can easily increase curb appeal with a new garage door.
According to a recent national report, “Garage door replacements have again been named one of the top returns on investment among all home improvements nationwide, according to the 2017 Cost vs. Value Report produced by Remodeling magazine publisher Hanley Wood and the National Association of Realtors (NAR).”
Don’t Skip Out On Curb Appeal
It’s important to make a great first impression. The same can be said for your home. Curb appeal projects can generate higher returns on investment than simply remodeling your home’s interior. Projects such as replacing your garage door, windows, and siding are particularly good choices for ROI.
Trivia time: Did you know that most garage doors take up approximately 30% of your home’s exterior surface space. Upgrading your garage door not only boosts the security of your home, it improves the look of your residence.
“With the housing market as competitive as it is, making a great first impression to buyers by updating an outdated garage door is one of the easiest and most cost effective ways to boost resale value,” said Heather Meiner, Brand Manager for Overhead Door.
Replace Or Remodel
There are two different types of home improvement projects that you can do for your home. This year’s Cost vs. Value Report addresses replacing an item or remodeling a room in your house. Remodeling projects require more involvement. Additionally, these projects usually take significantly more time and money to complete.
However, if you’re looking to score a higher return on investment, consider installing a new garage door. Instead of completing remodeling projects, replacing these doors provides an updated look for a fraction of the cost of a remodel. Additionally, new garage doors can be installed within a couple of hours by a professional.
National Averages For Return On Investment
When identifying home improvement projects, it’s important to identify which ones make your property look amazing and provide value.
“Nationally, homeowners can expect up to an 85 percent return on investment for their garage door replacements on average. In select markets, that number can increase to up to 115 percent.”
We Can Help
Need help finding the right door? Our design consultation can make that happen easily. We’re here to provide fast, helpful service to make your garage door curb appeal projects possible. Contact us today!
