The Impact of a New Garage Door on Home Value

Are you considering purchasing a new garage door, but are not sure whether it will be worth the investment? We are here to inform you that investing in a new garage door is the most valuable exterior home improvement project you can purchase. Not only does a new garage door enhance the curb appeal of your home, but it also significantly increases its overall market value. With modern designs, improved functionality, and advanced security features, a new garage door offers a  list of benefits that go beyond aesthetics.

Does a New Garage Door Impact Home Value?

Did you know that replacing your garage door produces a 194% ROI? This means that if you purchase a new garage door for $5,000, you are adding $5,135 to the total value of your home. Other home improvement projects have a much lower ROI, such as kitchen remodels only producing around a 55% ROI. 

Why Does a New Garage Door Increase Home Value?

A new garage door does not only increase the value of your home monetarily but it enhances the quality of your garage space by ensuring your home is safe, secure, and that your garage door is stable. See below for more factors that are impacted by investing in a new garage door:

• Safety
• Security
• Curb Appeal
• Operation
• Energy Efficiency

If you are looking to purchase a new garage door, contact Modern Day Garage today. 

1. Safety

New garage doors have enhanced safety features compared to older doors as design continues to change and improve over the years. Features on new garage doors can include enhanced photo-eye sensors, which prevent your garage door from closing when something might be in its path. Also, remote monitoring is available with many models, allowing you to keep an eye on your home and family when you might not be in the same vicinity. 

2. Curb Appeal

A new garage door can enhance the curb appeal of your home because the garage door is the first thing someone sees when they enter your home. Upgrading your garage door to complement other colors in your home can enhance the overall aesthetic of your property. Dents or missing panels can be dangerous and look worn out. Make your home look inviting and welcoming with a new garage door!

3. Security

Many new garage doors can connect to your phone or allow cameras and other modern technology to connect to it. Make sure you keep your family safe and secure with a new garage door that is equipped with rolling code technology. This type of technology generates a new code each time you use your opener, which prevents the burglars from trying to guess the code. Did you know that 9% of burglars enter through the garage door? Upgrading your garage door adds an extra layer of protection to your home.

4. Operation

If you notice squeaking noises or other unusual sounds, it may be time to get a new garage door. A new garage door can increase the value of your home because you no longer need to invest in repair needs as much. Older systems become worn out and can require additional maintenance and repairs because of the age of the door. Investing in a new garage door will create an overall smoother operation, reducing the stress of worrying if your garage door will work on a day-to-day basis. 

5. Energy Efficiency

Not only does a new garage door impact the overall value of your home, but it also reduces the energy cost incurred monthly because new garage doors are more energy efficient. Many attached garages have uninsulated garage doors, causing the HVAC units in your home to work harder, incurring more maintenance costs over their lifespan. The addition of a new, insulated garage door will allow your HVAC units to run less, and reduce energy costs because there is a better barrier between outside and your home. 

Modern Day Garage: New Garage Doors

If you decide a new garage door is the best option for you, reach out to Modern Day Garage to schedule an appointment for a new garage door installation. Our expert technicians will be able to provide you with the options that are best for you and your lifestyle. Schedule an appointment today.