3 Very Good Reasons Why Garage Doors Are the Best Home Investment
Damage and disarray aren’t the only reasons to renovate the exterior of your home. Sometimes you just want to upscale its look and curb appeal, and doing so not only makes it a better place to live, it also increases its value. Every home project is an investment, but not all are created equal. If you are looking to invest some money in your home while making it a nicer place to live, then a brand-new garage door is one of the best decisions you can make.
Why are new garage doors the best investment in your home? There are three very good reasons why you should design and install one this year.
#1: The Data Says New Garage Doors Have the Best ROI
There are many home upgrades that increase the value of a home, but the ROI calculated from them—the amount you pay for the remodel vs how much it increases the value of your home— generally doesn’t paint a positive picture. Research shows that a minor kitchen remodel yields an ROI of about 72%. Window and siding replacement have ROIs of 67% and 68%, respectively. Full additions to your home have ROIs of 53% or less.
The ROI for replacing a garage door on your home: 93.8%, the highest of any home renovation project, and it’s been that way for years. Besides having manufactured stone veneer (with an ROI of 92%) installed, nothing even comes close to the ROI provided by a new garage door. It can almost pay for itself should you look to sell your home down the line. If you don’t plan on selling, you still get a great addition to your home.
#2: Garage Doors Heavily Increase Curb Appeal
Your garage door is the largest opening on your home, and it also stands out the most when compared to any other exterior feature. That means having an old and worn-out door equates to far less curb appeal for your home. The good news is this also means a brand-new custom garage door will be the most striking exterior feature on your home.
#3: They Can Make Your Home More Energy Efficient
Because your garage door is the largest opening on your home, this also means it’s the largest source of energy loss, especially if you have a heated or air-conditioned garage space. Older garage doors lose their energy efficiency as time goes by, causing your energy bills to increase as the comfort of your space decreases. Getting a new garage door is a simple way to cut the amount of money you spend on utility bills during the hottest and coldest months of the year.
If you design your own custom garage door, you can even implement energy-saving features like integrated walk-through doors. These small door additions reduce energy loss by allowing homeowners to enter and exit their garage space without opening the larger overhead door. They also add an elegant and unique appeal to your garage door.