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The ROI of Garage Door Replacement: Adding Value to Your Home

Oct 05, 2023

Are you looking for ways to increase not only the functionality of your home, but its value as well? Don't underestimate how valuable your garage is on your property. It's not just a place to park your car and store some items you don't want to keep in your main house. Your garage can be a viable living space that serves many functions, as well as a key draw for potential home buyers. There are countless things you can do to boost your home value through your garage even if you don't use it for parking your vehicle. In this informative blog post, we'll examine the value of investing in your garage space as well as the ROI on garage door installations. Let's get started!



Transform Your Entire Exterior


If you're not sure where to start when it comes to investing in your garage, the best place to start is with your door. Your garage makes up about a third of your exterior, and your door is visible to everyone who passes by your home. Regardless of how nice you keep the rest of your property, if you have an unsightly or outdated garage door, it will stick out like a sore thumb. With an upgraded door, you can truly enhance the curb appeal of your home.


New garage door installations can complement your home beautifully, especially when you pair textures and color palettes. This can turn a fairly small element of your home into the key focal point, drawing home buyers in through a cohesive home aesthetic. Once you see your home with a clean, beautiful garage door installed, you'll be glad that you made the switch!



Keep Up With the Future of Home Automation


Another reason why garage door installations boost your ROI is because of the rise of automation. Anyone can see that our modern world has become accustomed to convenience at the push of a button. In this age of technology, you can't afford to have a garage door that is slow, tedious, or manual. New garage door installations ensure that you receive the latest in convenience when it comes to garage door openers and smart technology.


Having access to your garage at the push of a button may seem like a small detail in your day, but the money you spend on a new opener will pay for itself in the time an automatic door will save you in your daily routine. Additionally, once you make this key upgrade, it'll be a long time before you have to worry about another replacement. According to Forbes, your automatic garage door opener has a lifespan of up to 15 years before it's time to get a new one. That's over 10 years of convenient technology from one investment!



Help You Save on Energy Bills


You may not often think about it, but those pesky drafts you've been experiencing in your home may start with your dented or old garage door. When your old door doesn't fit right, cold or warm air has free rein to seep into your garage. While you crank up the air, your faulty garage door is doing nothing to help keep it in! This can lead to higher energy bills. New garage door installations can help you keep your cool or warm air where it belongs: inside your home.


As one of the most exterior parts of your home, your garage is susceptible to dealing with cold and heat coming in from the outside, but a new, perfectly fitted door can help reduce this. There are also several types of installation to consider, and your trusted garage door specialist can help you find the right material for your unique space. In addition to the added energy efficiency of a new door, you can go one step further but insulating the rest of your garage space. Nevertheless, a properly installed new garage door will allow you to breathe a sigh of relief when you open that next electric bill that comes in the mail.



Reimagine Your Garage


New garage door installations help your garage stay at an optimal temperature, boosting your home's value and allowing for endless possibilities when it comes to your space. When you start with a new door, your garage becomes a secure, accessible blank slate for all sorts of different ideas, such as extra rooms, a space for workout equipment, and even a home office. Let's take a closer look at these options!



An Extra Room


Do you need an extra bedroom or functional apartment on your property? New garage door installations can help with that! Turn your garage into a secure place to stay with a new door. Add a new bedroom without physically adding an addition to your new home by taking advantage of your existing garage space. It's a great way to handle your expanding family or an elderly parent coming to live with you. In terms of income, sites such as Airbnb, Booking.com, and others have allowed many homeowners to use their existing homes to make additional income by renting out a room or converting an existing space into a functional apartment. If you follow certain guidelines to upgrade your garage, you may find yourself able to make additional income off of renting your space.



A Home Gym


Working out at home is nothing new, but by utilizing the space you create with garage door installations you can kick it up a notch. Doing the exercises you want can be hard without the right equipment. If you're serious about working out but don't enjoy public gyms, you can convert your garage into a fully functional one with stair climbers, weights, treadmills, and more. Spread out the yoga mats and have full aerobics sessions. This way, you can start a full workout first thing in the morning and not drive to a gym to fight over a treadmill. A modern, fitted garage door will help your workout space stay at the right temperature all year round.



A Remote Workspace


These days, working from home is normalized. More people are starting businesses or even working at a hybrid level for regular companies. With that in mind, more people need a designated office space to quietly get work done and have online meetings at home. If you don't have a designated office space in your main house, consider using your garage. A new garage door will make your garage feel like a whole new office, allowing you to easily maintain a work-life balance that can only come with having a devoted work area.



As you can see, replacing your outdated garage door is a no-brainer. It's just one thing to improve your home! Aside from the easy accessibility and curb appeal garage door installations add to your home, you're sure to receive a high ROI when you upgrade your door. According to Remodeling's National Cost vs. Value Report for 2023, replacing a garage door gives you a 102.7% ROI. You can also save money through lower energy bills, save time through automation, and boost your home value. If you're ready to take your garage to the next level, contact A1 Garage Doors and learn more about our
garage door installations today.


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