The exterior paints and design are some of the obvious ways to increase the value of the home on the outside; however, you’ll be surprised to know that a new garage door can increase your home’s property value on the outside and inside. A garage door is an essential addition to the home, and it’s one of the most frequently used doors in the home.
According to some findings, a garage door opens and closes more than 1500 times annually in the United States. Due to this, a garage door often suffers dents and other faults that could require repairs or calls for complete replacement. If your garage door requires repairs, you can hire a professional Garage Door Repair Chicago IL services. However, in some cases, the garage door could require complete replacement. Installing a new garage door offers numerous benefits which ultimately improve the home’s property value. In this post, we will explore the various ways a new garage can increase the value of your home.
Improved Curb Appeal
The garage door makes up part of the key outdoor home features that creates an impression about a building. So if you’re looking to sell your home in the near future, or if you want to give your home a fresh look and a beautiful appearance, a new garage door is the perfect solution. A new garage door can give your home an updated look that can increase its value on the property market.
Increased Safety and Security
A well-secured building offers peace of mind to its occupants; hence it’s important to beef up the security of the home. You may not think of your garage door as a security feature, but it is one of the entry doors that further secure the building. In recent times, garage doors have experienced significant technological advancement, which offers more security to lives and properties. Some garage doors have security features such as facial recognition, alarm system, automatic door opener, keypad locks, and many more. When you install a new high-quality garage door with these security features on your property, it’ll add an extra layer of security to your home, deterring criminals from gaining entry into the home.
Furthermore, since most new garage doors are made with high-quality materials such as; aluminum, steel, glass, fiberglass, and others, breaking into them has become increasingly difficult. Even if you wish to sell the home after installing a new garage door, potential buyers will be willing to pay extra because of the security features and the durability of the new garage door on your property.
Installing a new garage door can save you up to 30% on your energy bill and increase the value of your home by 4%. This is because new garage doors offer more insulation to the home and prevent temperature exchange. During the cold season, new insulated garage doors will keep the freezing temperature out and help to maintain the internal temperature in the home, hence saving from constantly increasing monthly bills.
Reduces Maintenance Cost
A new garage door can also reduce your home’s maintenance costs. Garage doors are constantly exposed to the elements, and over time they can start to show signs of wear and tear. Houses with worn-out garage doors are usually priced less because the buyer will consider the cost of replacing the garage door. Meanwhile, if you invest in a new garage door before putting your house on the property market, the value of the house will significantly increase.
Furthermore, a new garage door will withstand the weather much better than an old one, meaning it will need less maintenance and repairs.
Better Investment Returns
When you’re considering a home improvement project, it’s important to think about the return on investment. In other words, how much money will you get back for the money you spend? A new garage door is a great investment because it can add value to your home and provide high returns on your investment. A high-quality garage door from a reputable manufacturer will last for decades, making it a wise investment for any homeowner.
In conclusion, many real estate agents agree that a new garage door is one of the best and most affordable ways to boost your home’s value. So if you are looking for a way to jerk up the price of your properties, a new garage installation is a great way to do this.