An upscale garage door replacement increases your home’s value enough to pay for itself, according to the 2018 Cost vs Value Remodeling Report. It has the highest returns on any remodeling project in the report! The Pacific region shows a 120.8% return on the investment, while the nationwide average is 98.3%. This study was based on an insulated garage door with windows, which is a nicer upgrade than most.
The Cost vs. Value Report has been published for many years, and garage doors have consistently been near the top. This makes sense, as a garage door significantly affects the overall look and desirability of a home. If you are concerned about your home’s value, it is worth considering the difference that a good garage door would make. For example, take a look at some of the new woodgrain garage doors we offer.
The data for the costs came from a popular construction cost estimate tool called RemodelMax. These numbers were adjusted to better show the cost for each local area. The resale value’s come from an estimate given from a survey of real estate professional conducted by Hanley Wood. More than 4,600 real estate professionals participated. Prices of homes and the resale value of remodeling projects are influenced by the demand for homes in a region. It is not necessarily perfectly accurate for every house, but more useful as a general rule for the demand of different projects.
The full report can be found at costvsvalue.com. We at Barton Overhead Door would love to help your home look better!