Get A FREE Estimate!

Blog

New Garage Door: Cost vs Value

Garage Door Cost vs Value Graph

This bit of information may help you in making that final decision. Based on a 2016 remodel survey through Cost Value, projects continue to retain their resale value. One of those projects: GARAGE DOOR REPLACEMENT!

 

In the mid-range pricing, garage doors are providing a return of 91.5%. For example, if you paid $1,652* for a new garage door, your return on resale would be $1,512.  To give you a semi-comparison of return on investment, a garage door update gives more on return than a kitchen remodel (64.9% ROI).

 

If you look at door replacements five years ago, the percentage of return on investment was at 71.9%. This low return was largely due to the focus being on updating kitchens and bathrooms.  Over these past years, the “main entry” for families has become the garage instead of the front door; therefore, homeowners are looking for more visual appeal and reaping the benefits of replacement.

Click Here to Learn More About Garage Doors!

 

 

By Nick McGregor, General Manager of Plano Overhead Garage Door

Upscale Garage Doors: Highest ROI for Home Projects!

In a report released earlier this year, an “upscale” replacement of garage doors fell into 1st Place when it comes to ROI (Return on Investment)!  Projects like the one below can have a HUGE impact on home value, and people are catching on to the trend.

IMG_8474

The approximate cost for an “upscale” door is $3,140, which gives an ROI of 90.10%.  That’s 12% higher than any other upscale home improvement project!

Curb appeal is always the main element of a home. The outside of your home tends to have more value than the inside. Here are the top 5 exterior projects in rank:

ROI Garage Doors

Click here to learn more about Upscale Garage Door Installations and Options!

 

 

By Nick McGregor, General Manager of Plano Overhead Garage Door

Plano Overhead Garage Door

1100 N. Central Expy Suite #A
Plano, Texas 75074

Call Us

972-422-1695

Mon - Fri: 8:00am - 5:30pm
Sat: 9:00am - 1:00pm