Replacing your garage door can have a significant impact on property value. In 2014, U.S. News and World Report estimated homeowners can get an 83.7% return on investment, while the Remodeling 2019 Cost vs. Value Report noted a possible 95.5% ROI. This means new garage door installation now has a near-perfect return.
Garage doors come with significant aesthetic and functional characteristics. They can take up to a third of your exterior façade and are used every time you drive out of or into the garage. But a garage door system’s purpose isn’t the only factor that contributes to property value. By updating your garage door, you address several factors potential homebuyers tend to put on their checklist, including:
- Curb Appeal: Updating your garage door doesn’t only remove dents, scratches, and other visual distractions. You also have an opportunity to choose a door that matches your home’s façade or surroundings. For example, custom wood doors help accentuate the charm of Victorian and Colonial homes or houses in wooded areas. Aluminum and glass garage doors are more suited for modern houses. Be sure to match the color and material with the style and location of your home.
- Safety: New garage doors must comply with the most recent federal regulations. These set rules for everything from the design of automatic garage door openers to electronic sensors that detect objects in the way. If your garage door doesn’t have an auto reverse feature, then it is not up to code and is a safety hazard. Newer models also have a closed-spring design that contributes to safety and that can be adjusted more easily. All you need are a drill or ratchet to turn a bolt without ever touching the spring.
- Efficiency: Any new homeowner can benefit from energy efficiency. After all, who wants to spend more on the bills after purchasing a home? New garage doors can be fitted with insulation to prevent heat from escaping your home and cooler air from leaking in. An insulated door means your HVAC system can work less yet keep your home just as comfortable. Efficient solutions can also help your heating and cooling system last longer, while electric bills don’t increase due to excess energy usage.
A new garage door can increase your home’s value by up to 4%. Plus, a garage door can last from 15 to 30 years. If you’ve recently installed the door, it’s a bonus for potential home buyers because they won’t have to pay to replace the door for possibly decades. Automatic garage door openers can last up to 15 years, so a recent installation here can add additional points for anyone looking at your home.
New garage doors offer other benefits too, as they tend to operate more smoothly, reliably, and quietly. These are great selling points. Another is that any new property owner will have fewer maintenance costs to deal with. Constant maintenance is a burden on your time and bank account. If a garage door is relatively new, the cost of maintenance is generally not much of a concern.
Contact Precision Door Service of Las Vegas
We offer many options if you are considering garage door replacement in Las Vegas. Choose from the most suitable styles, sizes, colors, and materials as well as insulation and decorative elements such as windows or raised panels. For assistance, use our interactive Garage Door Designer or contact us directly at 877-301-7474. Our garage door installation experts can answer your questions or schedule a free in-home estimate.