How Should I Budget for a New Garage Door?

So, It’s Time to Start Planning for a New Garage Door

Is replacing your garage door inching up your to-do list? Planning the entire project from start to finish can help you understand your options and budget accordingly. Here's a comprehensive guide to help you budget for a new garage door.

Take Stock of Your Current Garage Door

There are some common reasons to think about upgrading your garage door. The simplest one is style. Are you looking for a refresh? Do you want something that can punch up your curb appeal? If your current garage door is looking dated or you want an upgrade, a new garage door could fit the bill. 

Beyond a new look, it is important to consider the functionality of the garage door. Is it working properly? Does it have any issues or maintenance that need to be addressed? Has it been damaged? Does it consistently break down? If your garage door falls more in line with this kind of replacement, you may need to consider safety as a major motivating factor for your project. 

Setting a Budget

Once you've decided to replace your garage door, consider the wide range of prices available. Garage doors vary significantly in cost, from standard, affordable models to custom, handcrafted designs. Here's how to set a realistic budget:

Understanding Garage Materials

What material is best for your home depends on a few factors like climate, proximity to water, if you are in an area frequently affected by storms and how much maintenance and upkeep you are willing to put into your garage door to name a few. You should also take into consideration the architecture and style of your home, colors and finishes you love and the final curb appeal of your house. Here are some tips to help you understand the difference between garage door materials:

• Steel: Durable, low-maintenance, ideal for most climates and is cost-effective.
• Wood: Offers a classic all-natural look that can be molded to fit your desired style.
• Fiberglass: Lightweight wood-look and resistant to dents.
• Vinyl: Durable and low-maintenance, ideal for coastal areas.
• Glass: Modern aesthetic that is strong, long-lasting, and corrosion-resistant.

Cost Range

Prices for these materials can range from $-$$$$$$, depending on style and finish. 

Learn More on What Factors Effect Garage Door Cost

Other Factors to Budget For

The budget doesn't stop at the cost of the door. Consider these additional expenses:

• Installation Costs: Professional installation can add to the total cost.
• DIY Costs: If installing yourself, factor in the cost of tools.
• Electrical System Updates: Ensure your garage door opener is compatible.
• Accessories and Remotes: Additional features can enhance convenience.
• Safety Upgrades: Higher-rated wind load or safety features may be necessary based on your climate.

Comprehensive Budgeting: Including all these factors will give you a clearer picture of the true cost of replacing your garage door, helping you avoid surprise expenses.

Return on Investment 

Based on Remodeling Magazine’s 2024 Cost vs. Value (CVV) Report by Zonda, upgrading your garage door consistently ranks as one of the highest return on investment (ROI) home improvement projects. Whether for style or safety, a new garage door can significantly boost your home’s value. Especially in our current market, where buyers are navigating high-interest rates and leveraging their home equity, making your home stand out with something like a stunning new garage door can be a pivotal element. Plus, you could get double your money back!

To Sum it Up 

• Consider materials and styles you love.
• Factor in your climate and any special requirements.
• Include labor, accessories, and material upgrades in your budget.
• Don’t forget hardware, paint, or other finishes to complement your home.
• Replacing your garage door can increase your home’s value.

When you're ready to start your project, explore the impressive selection of garage doors from Wayne Dalton. We offer everything you need, including professional installation, to get the job done right.