Upscale Garage Doors Deliver Impressive ROI

2014 could be an excellent time to upgrade to a new garage door and opener

According to recent figures from Remodeling magazine’s annual Cost Vs Value Report, upgrading to new, upscale garage doors is one of the best home improvement investments you can make. Garage doors can take up 30 to 40 percent of the average home’s front façade, so it makes sense that upgrading this highly visible feature can deliver an impressive return on investment.

Why Now Is a Great Time to Upgrade Your Garage Door

A few years ago, housing prices were too depressed to merit much investment in home improvements, and a few years from now inflation might cause an uptick in garage door prices. However, 2014 may be the sweet spot for upgrading your garage door. The average costs of new garage doors have remained fairly flat, while home prices have begun to rise. And according to Remodeling magazine, homeowners who upgrade to a new, upscale garage door in 2014 can expect to recoup over 80 percent of their investment at the sale of their home.

Which is Better, Steel or Wood Garage Doors?

The figures from Remodeling magazine’s Cost vs Value Report were based on a high-end steel garage door valued at roughly $2,700. However, an upscale wood garage door should deliver a similar return on investment, although the cost might be higher, especially if you are going the custom route and having a unique, hand-crafted wood garage door made specifically for your property.

In terms of which is better, steel or wood garage doors, the answer really depends on your goals. Both types of doors can be very attractive, though steel is definitely lower-maintenance than wood.

Don’t Forget Your Garage Door Opener

Of course, if you want to improve the value of your property, it doesn’t do you a whole lot of good to pair a brand new garage door with an old, cantankerous garage door opener. So when you upgrade your garage door, don’t forget to ask about a suitable garage door opener system. Many of the latest garage door opener models offer highly reliable, whisper-quiet operation along with advanced access control keypads. Some even have the ability to pair with a solar panel for power, which could make your property even more appealing to a certain kind of buyer.

Dynamic Garage Door will be happy to help you pick out the right garage door and/or opener for your needs. Just give us a call today.