Home Home Improvement Report: Garage doors among best resale values in home improvements

Report: Garage doors among best resale values in home improvements

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SPECIAL TO LCN

Among the many home-improvement projects homeowners can undertake, one stands apart for its relatively low cost, instant boost in curb appeal and great return on investment at resale: new garage doors.

According to Remodeling Magazine’s 2020 Cost vs. Value Report, garage-door replacement has the second-highest return on investment of any home-improvement project nationwide, recouping an average 94% of costs. Garage door replacement was second only to manufactured stone veneer, which returns an average of 95.6% at resale.

It’s also one of the most affordable home improvements homeowners can make.

The report analyzed the cost of an upscale garage door, priced at $3,695, with a resale value of $3,491. Rankings are based on the value that real estate professionals in more than 100 U.S. markets say those projects would add to a home’s price.

“A new garage door is one of the best and quickest ways to boost a home’s exterior appeal at a modest cost,” said Randy Oliver, president of Hollywood-Crawford Garage Door Co. “Their outstanding return on investment is great news for those thinking about selling their homes and or anyone who just wants to enjoy their home more. Our showroom has over 40 beautiful, full-sized garage doors to help anyone choose the perfect garage door to enhance the value and curb appeal of their home.”

Each year, Remodeling Magazine compares average costs for popular remodeling projects with the value those projects retain at resale in various U.S. markets. For more, visit www.costvsvalue.com.

Garage doors are an easy, affordable way to give your home a face-lift. If you haven’t shopped for a new garage door lately, you might be surprised. Today’s garage doors come in exciting new looks with features that enhance any home. A variety of materials are available, such as affordable faux-wood styles that cost a fraction of the price of hardwood.

There are virtual tools online allowing homeowners to design their own perfect garage door. Simply upload a photo of your home or choose a house with a similar structure and style, and select from many styles, materials, finishes and accessories to build a door unique to your needs.

Here’s a look at other garage door trends that can help boost your home’s comfort , function and style:

• Money-saving insulation. Here in South Texas, insulated garage doors are an upcoming trend. This not only helps keep garages more comfortable but also prevents harsh temperatures from getting into homes – another money saver for homeowners.

• Lighting up the man cave. Garages are no longer just for cars. They can be “man caves,” rec rooms, workshops or other living spaces. That’s why many homeowners want windows in their doors to bring extra sunlight and outside views to the space.

• Controlling the opener by smartphone. Technology is entering the picture, with garage-door opening systems controlled by a smartphone. No more wondering if you remembered to close the garage door.

To learn more about how a garage door can quickly, easily and affordably boost your home’s curb appeal, visit online at www.hollywoodcrawford.com or call 210-494-3434.

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