Most homeowners buy a house as an investment, so they have a vested interest in increasing property values. One thing many people wonder is: Does a new garage door add value to a home?
Today, we are here to talk about how garage doors increase your home resale value. Hopefully, this article can provide guidance on whether installing a new garage door is worth it. We will talk about how a new garage door adds to your home value and factors that affect the cost of installing new garage doors.
Contact us to learn more about the garage door service experts in San Diego from Americas Finest Garage Doors.
Do New Garage Doors Increase Home Value?
The short answer is: Yes. A new garage door can significantly add to your home’s resale value. In fact, adding a new garage door is one of the best home improvements you can do and has one of the highest ROI compared to other remodeling projects. If you are looking for a simple remodeling project to boost property values, a new garage door is a great choice.
How Much Can New Garage Doors Increase Home Resale Value?
According to national data from Remodeling, the national average ROI for a new garage door installation is an astoundingly high 97.5%. That means that for every $1 you spend on adding a new garage door, you recoup nearly $1 in terms of increased property resale values.
For example, if you spend $4,000 on updating your garage doors, you can expect to increase your home resale value by approximately $3,900. Below is a short table showing the ROI of common remodeling projects compared to new garage door installations.
| Remodel Project | National Avg. ROI |
| Garage Door Replacement | 97.5% |
| Minor Kitchen Remodel | 80.5% |
| Entry Door Replacement | 75% |
| Window Replacement | 70.8% |
| Deck Addition | 68% |
| Roofing Replacement | 60% |
| Master Bedroom Remodel | 50.4% |
As you can see, garage door replacement has a significantly higher ROI compared to other kinds of home installation and remodeling projects. One major reason that explains this high ROI is that they are very affordable, considering the scope of the project.
Keep in mind that these figures are national averages. Your exact ROI will depend on other factors, such as your home’s age, design, location, and materials. ROI will also depend on the state of the housing market.
How Does a New Garage Door Increase Home Resale Value?
New garage doors can increase your home’s resale value thanks to their characteristics and the benefits they bring. Below are some primary ways that new garage door fixtures improve property values.
Energy Savings
The single biggest way that installing new garage doors can increase home resale value is through energy savings. Your old garage doors might consist of inefficient metals that are not good insulators. New garage doors made with modern materials feature energy-efficient designs that insulate your home and prevent heat leakage.
Specifically, garage door insulation has an R-value—a measure of how thermally efficient the material is. Materials with high R-value are better insulators and can provide increased energy savings.
In addition to minimizing thermal loss through door materials, insulation also reduces heat loss from opening the door. Proper insulation in your garage keeps heat retained when operating your door.
Curb Appeal
One major reason new garage doors increase your home’s resale value is that they significantly improve its curb appeal. Custom garage doors with paneling that matches the style of your house can positively add to your aesthetic.
The good thing about newer garage doors is that you have several attractive materials to choose from, including:
- Steel
- Aluminum
- Wood
- Composite Materials
- Fiberglass
- Vinyl
- And more
Each kind of material has a unique appearance and characteristics. For example, wooden garage doors typically pair well with traditional and farmhouse-style homes, while steel and fiberglass work well with more modern contemporary architectural styles.
You also have a wide range of colors and styling to choose from. Things like trim, etched designs, stonework, and light fixtures add to the quality of your garage doors. The best garage doors are not only functional but also add to the general aesthetic of your house.
Security & Safety
Homeowners value their security, and a new garage door can significantly enhance privacy and safety. Modern garage doors incorporate safety technologies such as photosensors to stop the door from closing on objects in its path and failsafe mechanisms on the track.
Modern garage doors also have enhanced security features, such as keycode pads for unlocking and remote garage door openers. With these enhanced security features, you can control exactly who operates your garage door and when.
Contact a Garage Door Professional Today!
America’s Finest Garage Door & Gate offers a wide range of garage door options, including fiberglass garage door installation and garage door repairs. Whether you have an attached garage or want to convert an exterior building into a new garage, we have the doors to make it look like it belongs in a remodeling magazine.
So, does a new garage door add value to a home? If you would like to learn more about our new garage door installation services, contact us online, or give us a call today at (858) 900-8200 to schedule an appointment! We look forward to hearing from you!