Renovating your home can be quite the project one with many decisions to make and factors to consider. And while kitchen remodels and bathroom upgrades often seem to take center stage, there’s another area in particular that you’ll want to consider renovating if you’re looking to maximize your return on investment (ROI): your garage door. Let’s flip the lid and take an in-depth look at the ROI of garage door upgrades in home renovation projects, along with why you should consider your garage’s facade, to begin with.
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Understanding the Importance of Curb Appeal
The first thing to keep in mind is that having great curb appeal can go a long way toward shaping the first impression of prospective buyers. A visually pleasing exterior does more than just make your home look pretty: it also helps raise the perceived value of your home. 71 percent of homebuyers believe curb appeal is an important factor when selecting an existing home to purchase, as found in a study conducted by the National Association of Realtors. It’s clear that by making improvements that enhance curb appeal, such as adding a new garage door, you can make a sizable difference in the marketability and value of your home.
The Impact of Garage Door Upgrades
As you consider the best investment of your time and resources in home renovation projects, here’s something to think about. Few projects deliver a return as big as the one on a garage door. According to the most recent Cost vs. Value data from Remodeling magazine, homeowners who swapped out an ageing garage door for a new mid-range model recouped an average of 94.5 percent of their investment. Why such a huge ROI? Well, one reason is that no other project has quite the same impact on a home’s curb appeal as a new garage door.
Most people never get the stunning image of one of those classic, carriage-style models; a sleek, modern garage door; or a door of artistic, custom work out of their head, and will eagerly pay for that kind of beauty. For you homeowners in Surrey, protecting that value of course means working with a top-of-the-line repair and upgrade services such as garage door repair Surrey to address issues promptly, and keep your investment churning cash.
What to Consider
Consider what garage door style and material choices would be the best fit for your home’s design and your personal preferences: Do you prefer the simplicity of a traditional garage door or the authenticity of one manufactured from real wood? What about the appeal of a classic carriage house door or the sleek, architectural look of glass doors?
Why to Consider It
Your garage door also likely accrues a significant amount of wear and tear: In the vast majority of homes that feature them, garage doors open and close frequently and are often used by homeowners and potential buyers as a way to enter and exit their homes. It’s important to invest in a garage door that functions properly and complements your home’s exterior to achieve the best ROI possible.
So, before diving into a garage renovation project for your home, consider the different styles and materials you can choose from — keeping in mind that the closer they are to your home’s architecture and your personal preferences, the better the payoff you’ll receive. And of course, weigh the ROI of each style along with the cost, energy efficiency, insulation, maintenance, and security. High-end garage doors, that feature recognizable catches and hardware, are also a viable option, of course.
Proper installation and maintenance are crucial to ensuring the longevity and performance of your garage door upgrade. While DIY installation may seem like a cost-effective option, the last thing you want is to have your door malfunction due to poor assembly. Regular maintenance is also key to preserving the beauty and functionality of your garage door over the years. For Surrey homeowners, partnering with a trusted garage door repair Surrey service is essential for periodic upkeep and any needed repairs. The professionals have the skill and experience to address any issues early and ensure your garage door remains in top condition well into the future.
In conclusion, garage door upgrades are among the home renovation projects with the highest return on investment. Because of their significant impact on curb appeal and market value, a stylish and functional garage door that suits the architectural style of your home and meets your practical needs will ensure your home attracts buyers and fetches top dollar. As you plan your garage door upgrade, consider factors such as style, material, budget, and, of course, hiring a professional for installation and maintenance. If you adhere to these suggestions, flipping the lid on your garage’s facade can be a profitable and gratifying endeavor in your home renovation journey.