If you’re thinking about undertaking some summer remodeling projects this year, one of the first things that might come to mind is a new garage door. Especially if you’ve had your current garage door for a while and it’s showing signs of abuse or dysfunction, this can be a pretty lucrative investment that adds plenty of value to your property.
Though, you might be wondering, how good of an investment is a new garage door? Well, in case you’re considering installing one on your garage, let’s go over what you can expect and why you should replace a garage door to add property value.
What is the ROI for a New Door on Your Garage?
Return on investment is an important concept when it comes to home improvements. A good ROI allows you to recoup as much of your investment as possible by driving up the value of your property. This means you get to enjoy the benefit of using and seeing your new addition, while also not having to pay as much in the end once you sell your home.
For custom garage doors, statistics show that the average ROI for a new garage door is the second-highest among remodeling projects. On average, you can recoup 94.5% of your initial investment when it comes time to sell.
Other Reasons to Invest in a New Door for Your Garage
A return on your garage door replacement costs isn’t the only reason to install a new one. You also get the added benefits of superior insulation and better security, and even advanced features like a coding system for entry and a motion sensor that prevents the door from closing on you or your vehicle.
The fact is a new garage door might be just the ROI infusion your home needs. Contact us today to learn more about your style and pricing options!