There are several common home remodeling projects professionals recommend that earn a great return on investment. Most often people think of kitchen and bathroom upgrades when budgeting for home remodelling projects. Unfortunately these types of projects can often go over budget and take longer than anticipated to complete.
Other experts recommend investing in exterior improvements and landscaping to improve curb appeal and improve the resale value of the home.
However, the number one home remodel project for return on investment is a garage door repair or replacement.
This single investment not only improves home resale value more so than any other home improvement project, but it can greatly enhance the look and functionality of your home. Let’s look a five reasons why you should replace your old garage doors.
Reasons to Upgrade Garage Door
- Increase the resale value of your home
- Achieve a great return on investment
- Maximize energy efficiency
- Lower maintenance & repair costs
- Improve home curb appeal
Increase the Resale Value of Your Home
Retrofitting an outdated garage door with a new, energy efficient and modern garage door can add value to your home. Garage doors retain their value compared to many other common renovations.
In fact, home remodeling and real estate experts alike have established that garage door replacements result in a greater increase in home value compared to most other risky, time-consuming and expensive projects.
If your garage door is discolored, damaged and or unoperational, expect your real estate agent and home inspector to recommend replacement to maximize home resale value. Why wait? Continue reading to learn why a garage door retrofit is really a great investment into your home.
Achieve a Great Return on Investment
The Annual Cost vs. Value Report by Remodeling magazine ranks the top home improvement projects by highest percentage of cost recouped when the home is sold.
A garage door replacement has the highest Return On Investment (ROI) of any home improvement project . In 2017, garage door replacement recouped an average of 98% of its investment cost upon the sale of a home!
Maximize Energy Efficiency
Insulated, energy-efficient garage doors keep garages cooler in summer and warmer in the winter which reduces your energy usage. By improving energy efficiency, you can lower your utility bills and start earning a return on your investment.
The easiest way to cut back on energy costs is to tighten up your home’s envelope. Making certain that your home is properly sealed and insulated reduces unnecessary use of energy needed for heating and cooling. Garages are a prime culprit of temperature loss and gain.
The reason is that the garage door is the largest opening to your home and therefore offers the greatest potential for inefficiencies.. Most older garages aren’t properly insulated and sealed. Retrofitting your garage with an energy-efficient, insulated garage door will make your garage more comfortable and energy efficient.
Lower Maintenance & Repair Cost
As your home ages you can expect maintenance and repair costs to rise. Things begin to become dated and wear out. Old garage doors fall into this category simply because they’re are the largest piece of machinery in your home and are cycled over 1,500 times a annually.
With that level of use, it’s obvious why garage doors in older homes start to show their age.
As springs, cables, rollers and track wear, they put pressure on the garage door system and things begin to malfunction or just stop running smoothly and quietly.
Todays new garage doors are built to last. A high-quality garage door can be expected to last 30 years with proper maintenance.
By retrofitting your garage with new garage doors you can reduce your maintenance and repair cost and most importantly, you save money!
Improve Home Curb Appeal
A garage door retrofit is an economical way to improve your home’s exterior while producing a defined return on your investment.
With a feature as large as your garage door that can take more than a third of the front view of your home, it is critical that you have selected a garage door that adds to your home’s style.
You can dramatically improve your homes curb appeal with a new modern garage that can be the envy of your neighborhood. Whether you go with a carriage style with decorative hardware, all glass or a modern flush mount in wood tone you can update the look of your home, improve functionality and increase the resale value of your home.
The great news is that a garage door replacement requires remarkably little investment and can make a tremendous impact on the look of your home.
Choose to upgrade your hendersonville garage door and set the tone for your neighborhood.