Return on Investment for Your Garage Door
When renovating a Costa Mesa home to sell, many homeowners focus on renovating the kitchen and bathrooms in order to increase the value of their home. However, exterior renovations that improve your curb appeal actually have the most significant impact on your home’s resale value. When a homebuyer comes to see the house, the exterior is the first thing they see. The design and landscaping are what they will assess first and use to form their first impression. To get the most for your home, make sure that impression is a good one. Installing a new, upgraded garage door is a sure-fire way to earn your money back on your investment and see a significant ROI.
The #1 Home Improvement Project for ROI
According to the 2018 Cost vs. Value Report, garage door upgrades are the top home improvement project for ROI. A new garage door has an average nationwide ROI of 98.3 percent. In California, an upscale garage door performs even better – it returns an average of 120 percent of its cost.
Low-Cost Renovation Option
Garage doors are the lowest-cost project with the most substantial effect on curb appeal and resale value. In fact, they cost an average of 74 percent less than the average exterior home renovation project. The average cost for an upscale garage door replacement, according to the Cost vs. Value Report, was $3,470. This means that, on average, Costa Mesa residents would increase their home value by $4,164. If you’re looking for a way to increase the value of your home without needing to consider financing and loan options, a low-cost renovation such as garage door replacement is a beautiful option.
Practical Benefits
Garage door upgrades provide such a high ROI because they not only improve the appearance of your home, but they offer enhanced functionality. Old or faulty garage doors can cause flooding, decrease your home’s energy efficiency, or even provide access to criminals. Having a safe, up-to-date garage door option will protect your home while looking beautiful.
Whether you have a broken garage door or you’re just looking to upgrade its appearance, All Right Garage Doors can help you choose the best option for you. We proudly serve the Costa Mesa and surrounding Orange County area, and we can service, repair, and replace all aspects of your garage door system. Our emergency service operates 24 hours a day, so no matter when trouble strikes, All Right Garage Doors will be there to help. To discuss your installation options and receive a free quote, call us at (714) 726-2225 today.
