Cost versus Value Garage Doors 2020Mar. 4, 2020
Garage Door Replacement - Top Investment for Home Renovations says National Survey
Garage door replacement has secured the #2 spot for the highest return on investment (ROI) according to the 2020 Cost vs. Value Report by Remodeling magazine and the National Association of Realtors (NAR). Since 2010, the first time garage door replacements were included in the Cost vs. Value Report, they have ranked among the top five projects.
The information from this year's study indicates that U.S. homeowners who chose to increase curb appeal with a garage door replacement project, on average, saw up to a 94.5 percent ROI at resale. In select markets, that number reached as high as 132.7 percent.
"The first thing a potential home buyer sees is the exterior, so a great first impression is critical in persuading the individual to see more. A new, well-crafted front-facing garage door adds instant curb appeal to any home. Whether remodeling to sell or remodeling to stay, a garage door replacement is sure to make a lasting impression," said Sarah Schram, Senior Brand Manager at Wayne Dalton, a premier manufacturer of residential garage doors.
The report compares average construction costs provided by RemodelMAX, a publisher of estimating tools for remodelers, for 22 remodeling projects with the value those projects retain at resale in 101 U.S. markets. Nine out of the top 10 high-return projects evaluated in the 2020 Cost vs. Value Report focused on exterior upgrades to the home. The only interior upgrade to rival the average exterior home improvement project return on investment was minor kitchen remodels.
Learn more about our Garage Door Design Center app. When using the app, you can upload a photo of your home and experiment with panel designs, color options, window styles and decorative hardware designs. Instant curb appeal awaits you with just a click of your mouse.
Jan. 12, 2017
Home Remodeling Projects Rank Garage Doors #3 in ROI - see Cost vs. Value report for 2017. The garage door is once again one of the best remodeling projects a homeowner, contractor or remodeler can invest in to obtain a major return on investment (ROI).
Dec. 7, 2017
Garage door color trends include new paint colors from paint manufacturers. Industry authorities such as Pantone, Sherwin Williams and Benjamin Moore have officially announced their picks for 2018’s most trendy colors of the year.
May. 28, 2020
A garage door replacement is a sound investment. Wayne Dalton has multiple options for you to replace your garage door and increase that curb appeal.