Most homeowners who have a new garage door installed are not thinking about the monetary value it provides, but rather the convenience it ensures for your home. Many garage doors will be replaced because of damage or a mechanical issue that impacts the function of the door. Simply put, getting your garage door to work right again is usually the reason why it’s replaced.
But homeowners who have a garage door replaced are unwittingly adding potential value to their homes. A garage door with an aesthetically pleasing appearance is more likely to sell for more at resale. The garage door is one of many features a potential buyer will notice first when choosing a home. If the garage door looks nice, potential buyers are more likely to think of the house as being a high-end home.
Studies have been done to prove that a newly replaced garage door can impact the value of a home. One such study was conducted by Clopay, one of the largest garage door manufacturers in America. Clopay worked with an independent research firm to determine that a garage door’s appearance made a noticeable difference in its listing price at resale. A survey was done of realtors to ask their opinion of garage door replacement on a home’s resale value. In the survey, 70% of realtors said they believed a new garage door helps a home sell faster. In addition, 80% of realtors were of the belief that a new garage door can impact a home’s value.
The survey also asked realtors to give an appraisal on photos of two different houses, one with an older garage door, and one with a newly replaced garage door. The results showed that the new garage door can increase the resale price of a home by up to 4%. According to the survey, the monetary difference in the resale value of an average home can be anywhere from $8,000 to $14,000.
There should be no question about the importance of a newly replaced garage door to a residential property. If you want to add value to your property by replacing your garage door, Door Mart Services Kingwood can help. We repair and replace both residential and commercial garage doors in Spring, TX; The Woodlands, TX; Kingwood, TX; and the surrounding areas. The types of overhead doors we can add to your home include raised panel pan doors, raised panel/flush sandwich doors, all-steel carriage house doors, all-steel sandwich carriage house doors, and pre-finished steel carriage house doors.
Door Mart Services Kingwood can provide the full garage door replacement services you need for the best, most aesthetically pleasing garage door possible. We can also replace the individual parts these doors need. For complete garage door replacement you can trust, put your faith in Door Mart Services Kingwood.