If you’re looking for a home improvement project that pays for itself, look no further than your garage door. According to the annual “Cost vs. Value” report by Remodeling Magazine, garage door replacement consistently ranks in the top 3 projects for ROI.
The Numbers
On average, homeowners recoup about 93-98% of the cost of a new garage door when they sell their home. In some markets, it’s over 100%.
Why the High ROI?
- Curb Appeal: The garage door often takes up 30-40% of a home’s facade. A new, stylish door instantly modernizes the look of the entire house.
- Energy Efficiency: Buyers love energy-efficient upgrades. An insulated door lowers heating/cooling bills, which is a major selling point.
- Security: New doors come with better locking mechanisms and safer openers.
- Low Maintenance: Modern steel and composite doors require very little upkeep compared to old wood doors.
Selling Your Home?
If you’re planning to sell soon, replacing an old, dented, or faded garage door is one of the smartest moves you can make to increase your asking price and attract buyers.
Related Resources
Professional Installation: Door Installation • Panel Replacement
Service available in: Montclair • Fair Lawn • Cedar Grove • All areas
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