The ROI of a Garage Door Replacement As High As 94.5%

ROI of a Garage Door Replacement

If you want to get a good return on your investment (ROI) as far as home remodeling projects go, it’s hard to find a better project than a new garage door. Garage doors have a big impact on the curb appeal and overall property value of your home, and they can actually add value in many other ways as well.

In order to bring you up to speed on what kind of return you can expect on a new garage door investment, let’s break down the ROI of a garage door replacement.

How Much Does it Cost?

The cost to replace a garage door is relatively low compared to other large remodeling projects. Depending on the type of door you want and what material it’s made out of, you can expect to pay anywhere from 3-4 thousand dollars to have new doors installed.

While this is a decent upfront investment, stats show that you’ll be able to recoup as high as 94.5% of your investment. New garage doors are a big value add and it really shows in your net property value at the end of the day.

Why Else Should You Consider a Garage Door Replacement?

There are tons of other reasons to replace the doors on your garage. For starters, certain custom garage doors come with a higher level of security. Keypads and remote openers prevent intruders from easily breaking in.

With newer garage doors, there’s a good chance your new install will be more energy-efficient as well thanks to better insulation. This will lower your monthly energy bill while allowing you to benefit from a door without any damage or outdated features, keeping your home that much more safe and efficient.