Your garage isn’t just a place where you can’t go to a landfill if there is no other storage. It’s also where you put one of your most expensive possessions: your car. Hence, it is important to have working garage doors that will not cause you any problems.
But what if your garage doors are worn out and wobbly? Or what if you turn around a house whose garage doors have seen better days? Is it worth swapping them out?
What does the replacement of garage doors cost?
According to the National Association of Realtors (NAR), installing a new garage door costs an average of $ 2,100. However, this price may vary depending on what your garage looks like. If you need to replace an oversized door, you could end up spending more. And if you have a two-car garage, you’ll likely want to replace both doors at the same time.
What return on investment do you get?
NARI reports that if you spend $ 2,100 installing new garage doors, you’ll get $ 2,000 back when you sell your home. That means you will get 95% of your investment back, which is a pretty strong number in the grand home renovation plan.
New garage doors could also make selling your home easier. In fact, 16% of realtors have suggested that sellers do this project before listing a home. And 2% say new garage doors helped them close a sale. Granted, that’s not a huge percentage, but considering the cost recovery associated with new garage doors, it’s a worthwhile upgrade.
Should You Replace Your Garage Doors?
Garage doors aren’t just functional; They can also add to or detract from the attractiveness of your home. If your garage door isn’t in good shape and the paint job isn’t enough to make it more aesthetic, it may be time to swap the door out for a new one.
If your garage door doesn’t open and close easily, it’s time to invest in a replacement. This is especially true when you are turning a house over. It is very unlikely that a potential buyer would want a house with a garage door that is not reliable, nor would they want a house that looks ugly at first because the garage door is completely broken.
The advantage of replacing your garage door, of course, is that you can play around with different materials to figure out which will best match the exterior of your home. For example, you can decide that metal garage doors are not to your taste and choose a different material, such as wood. You can also install an insulated garage door if you want to convert your garage into living space.
In any case, there is much to be gained by installing new garage doors. And since the price is relatively low compared to other renovations, you may be able to replace your garage door and take on another home improvement project in a relatively short amount of time.