As a homeowner, you’re always on the lookout for ways to improve the value and appeal of your home. One often-overlooked area that can have a significant impact is your garage door. According to the Remodeling 2024 Cost vs. Value report, replacing a garage door is one of the most affordable home improvements you can make, with a remarkable return on investment (ROI) of nearly 194% on average nationwide!

The Best Return on Investment is a New Garage Door

The Remodeling 2024 Cost vs. Value report is an annual industry study that analyzes the average cost of various home improvement projects and the corresponding resale value they provide. This  resource helps homeowners make informed decisions about which projects are worth pursuing – and *drum roll please . . . garage doors have taken the lead!

Replacing a garage door is one of the most cost-effective home improvements you can make. On average, a $4,513 investment in a new garage door will net you $8,751 at resale, equating to a remarkable 193.9% return on investment.

This impressive ROI can be attributed to the significant impact a new garage door can have on a home’s overall curb appeal and perceived value. As the primary focal point of a home’s exterior, the garage door plays a crucial role in shaping first impressions and setting the tone for the entire property. Here are a few benefits that homeowners (and their potential buyers) can expect from a durable, beautiful garage door.

The Benefits of a New Garage Door

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  Curb Appeal. A well-maintained, visually appealing exterior can make a lasting impression and set your home apart from the competition.

• Energy Efficiency. Many modern garage door models feature advanced insulation materials and weather-sealing technologies that prevent air leaks and improve thermal performance.
• Safety. Garage door manufacturers offer optional security features, such as keypad entry systems, remote access controls, and even integration with home security systems.
• Functionality. Many modern garage door models come equipped with remote-controlled openers, keyless entry systems, and even smartphone integration, allowing you to access your garage with ease and convenience.
• ROI & Resale Value. For every dollar you invest in a new garage door, you can expect to recoup nearly two dollars in increased home value. This makes garage door replacement one of the most cost-effective home improvement projects you can undertake, especially when compared to more extensive renovations that may not offer the same level of return.

An Investment That is Next-Level

Whether you’re planning a major renovation or simply looking to refresh your home’s exterior, considering a garage door replacement should be at the top of your list. By taking advantage of the impressive ROI and the wide range of customization and personalization options available, you can create a new garage door that not only enhances the visual appeal of your home but also provides tangible benefits that improve your daily life and long-term investment. Design your new garage door or schedule a consult with one of our experienced techs at Suburban Overhead Doors today!