The arrival of summertime means that we are entering home selling/buying season full-swing. You may not realize it, but your garage door carries a lot of weight when it comes to adding value to your home. In fact, according to Remodeling Magazine's 2014 Cost vs.Value Report, replacing the garage door was ranked as one of the lowest-cost home improvements among projects with a high return on investment.
If you are looking to sell your home this season and want to get the most out of your investment, here are some ways that replacing your garage door can add value to your home today:
1. Curb Appeal is King
A positive first impression is vital to getting buyers in the door to look at your home. Think of improving the outside appearance of your home as preparing for a first date -- the more energy you put into your home's look, the more interested others will be in learning more about what's on the inside.
Many home buyers take to the streets to find the perfect home for them—literally. When potential buyers drive down your street, your home needs to stand out, and often the garage door is the first thing that a home buyer will see. This means that in order to attract the eye of home buyers in photos or in person, the appearance of your garage door must be considered.
2. Return on Investment
As with any improvements you make to your home before selling, taking on projects with a positive return on investment (ROI) will ultimately mean more dollars in your pocket. Ranking as one of the renovations with the greatest ROI, homeowners can expect to recoup nearly 84% of their investment in a new garage door.
Especially when compared with many other home improvement investments, garage door replacement yields an incredibly high ROI with very little work or money upfront.
Selling real estate in today's market means scrutinizing the eco-friendliness of every aspect of your home, including the garage. For many homes, garages are the most energy inefficient area—but it doesn't have to be that way.
Purchasing a high-performance garage door can make an incredible difference in the energy efficiency of your garage and, ultimately, of your entire home.
So, how do you know if the garage door you are considering is high-performance? Ask your garage door retailer about the R-value, which is the measurement of heat-flow and thermal resistance. The higher the R-value, the better the garage door is able to regulate temperatures, which equates to energy savings.
4. Personality Power
The garage door can lend to (or take away from) the personality of your home greatly. Your home's style can be made by a fitting and contemporary garage door style. Make a statement with a modern-style glass and aluminum garage door, or give your home a comfy feel with a cottage garage door.
Choosing a garage door to enhance the personality of your home can go a long way in attracting the right buyer this season.
Shopping Tips: When shopping for a new garage door, homeowners can get a feel for different materials and styles by visiting a dealer's showroom. Additionally, some garage door companies have websites which allow homeowners to upload a photograph of their house and try-on different door options.
There are thousands of different designs to choose from, not to mention features such as windows and safety features, so be sure to take advantage of these tools when choosing a new garage door for your home.
Getting ready to sell your home means preparing your investment to look its very best for potential home buyers without unnecessary spending. Replacing your old garage door through a company such as The Garage Door Company can be the perfect project for attracting the right buyer and getting the most out of your sale.