Cost versus Value Garage Doors 2021Jul. 28, 2021
Best Home Improvement Project
Garage door replacements claimed the Number 1 spot for the highest return on investment (ROI) for common household renovations according to the 2021 Cost vs. Value Report by Remodeling magazine and Zonda. Since the first time garage door replacements were included in the Cost vs. Value Report in 2010, they have ranked among the top five projects.
According to the national report, both recent and long-term key trends indicate that “curb appeal” projects generated a higher return on investment compared to improvements done inside the home and can expect a 93.8% average ROI at resale.
Designer Fiberglass Model 9800
“For more than a decade, the Cost vs. Value report has proven that garage door replacements provide a great return on investment. As the largest moving appliance in your house, the right one can significantly improve a home’s curb appeal and value,” said Sarah Schram, Senior Brand Marketing Manager at Wayne Dalton.
The 2021 Cost vs. Value report applies construction cost estimates, combined with a series of economic variables and using a statistical modeling approach for the report, a new method this year that was implemented to widen the geographic coverage and provide greater detail in specific markets with finer levels of precision. This year, the report compares average costs for 22 types of remodeling projects with the value those projects retain at resale in 150 U.S. markets, which is an even greater voting pool compared to the previous years. Eleven out of 12 of the highest returning categories were exterior projects, with minor kitchen remodels as the lone interior project.
“As a premier manufacturer of residential garage doors for more than 65 years, we have worked with customers to provide a variety of style, performance and durability features that homeowners can feel confident in choosing when wanting to improve their home’s exterior,” added Schram.
Carriage House Steel Model 6600
To see all Wayne Dalton garage door models available, customers can view our Garage Doors web page or download the Garage Door Design Center app for i-phone or android. By simply uploading an image of a home’s exterior, customers can experiment with various panel designs, color options, window styles and decorative hardware designs. In addition, Wayne Dalton's partnership with Lowe's Home Improvement stores has added an extra layer of convenience for customers looking to purchase a garage door. With select models available for purchase through the Lowe’s program, Wayne Dalton has made it easier than ever for homeowners to improve their curb appeal while receiving professional installation by local, independent Wayne Dalton dealers.
The Overhead Door Brand, a division of Overhead Door Corporation, is a sponsor of the Cost vs. Value ROI survey.
Feb. 19, 2018
Garage Door replacements have secured the #2 spot for return on investments says the 2020 Cost vs. Value Report.
Mar. 4, 2020
Garage Door replacements have secured the #2 spot for return on investments says the 2020 Cost vs. Value Report
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).