Garage door return on investment

Posted by Scott Moses on

Garage door roi

 

Replacing a garage door is an investment that can offer a high return in terms of both aesthetic appeal and functionality. This upgrade can not only increase the value of your home, but also improve energy efficiency, enhance security and provide added convenience.

In terms of return on investment (ROI), replacing a garage door can be one of the best upgrades you can make to your home. According to Remodeling Magazine's 2020 Cost vs. Value Report, the average ROI for a garage door replacement is around 95.5%, making it one of the top investments in home improvement. This means that if you spend $1,500 on a new garage door, you can expect to recover nearly $1,440 of that cost when you sell your home.

One of the key factors that contribute to the high ROI of a garage door replacement is the fact that it can significantly improve the look of your home. A new garage door can completely transform the exterior appearance of your house, giving it a fresh and modern look. With a wide range of styles and finishes available, you can choose a door that complements your home's existing architecture and personal taste.

In addition to aesthetic appeal, a new garage door can also provide improved energy efficiency. Older garage doors can allow air to leak in and out, causing your heating and cooling system to work harder and leading to higher energy bills. A well-insulated garage door can help prevent these energy losses, keeping your home more comfortable and reducing your energy costs.

Another benefit of replacing your garage door is enhanced security. A new door is likely to be equipped with modern security features, such as reinforced hinges and locking mechanisms, that can help protect your home from break-ins. Additionally, many new garage doors come with automatic openers that provide added convenience