Garage Door Replacement Maintains High Return on Investment

Garage Door Return on Investment 2013

Garage door replacement continues to rank as one of the top home improvement projects based on return on investment when a home is sold, according to Remodeling Magazine's 2013 Cost vs. Value Report.

On most homes today, the garage door makes up anywhere from 25 - 50% of the front of your home and choosing the right door to compliment the theme of your home is very important. 

Although the national averages are very strong, garage door replacement in San Antonio ranks as one of the highest return on investments for any home improvement project you can do to your home.

The return on investment is higher when choosing to have a premium garage door installed over your traditional raised panel design you see on the majority of homes. Premium options for garage doors include carriage house designs, bi-directional wood patterns, Vista View full view panels, Bob Timberlake and Biltmore custom wood garage doors and much more.

National Ranking of Garage Door Replacement:

  • #2 in the Upscale Project category, providing a high ROI with 75.2% of the cost recouped upon home resale.
  • #4 in the Midrange Project category, providing a high ROI with 75.7% of the cost recouped upon home resale.

San Antonio Ranking of Garage Door Replacement:

  • #2 in the Upscale Project category, providing a high ROI with 109.7% of the cost recouped upon home resale.
  • #2 in the Midrange Project category, providing a high ROI with 99.3% of the cost recouped upon home resale.

According to the report,

The upturn in this year’s Cost vs. Value Report is an encouraging sign that the remodeling industry may have turned the corner. It squares with theHarvard Joint Center for Housing Studies’ LIRA (Leading Indicator of Remodeling Activity) and with our own RRI (Residential Remodeling Index), both of which forecast a strong recovery for remodeling in 2013

If you are thinking about selling your home or just looking for a way to increase its value, consider replacing your garage door with a premium option that you or the future owners will love coming home to.

If you are looking for more information on this subject, check out our Garage Door Return on Investment page.