All Remodeling Projects Are Not Created Equal
With the spring season comes mounting pressure for homeowners to get their properties in tiptop shape. If your plans for home improvement extend beyond a deep spring cleaning, it’s important to know which remodeling projects yield the biggest bang for your buck — like replacing the garage door!
(Courtyard Collection® Model 167t)
Even though it may be tempting to add a master suite addition or go for that major bathroom or kitchen remodel, Remodeling magazine’s
2018 Cost vs. Value Report shows interior projects may not be the best investment decision. In fact, the top surveyed projects that generate the highest return on investment all focus on enhancing the exterior of the home.
Take a look at the top ten projects with the highest ROI below:
| PROJECT |
JOB COST |
COST RECOUPED |
|
Garage Door Replacement |
$3,470 |
98.3% |
| Manufactured Stone Veneer |
$8,221 |
97.1% |
| Entry Door Replacement (Steel) |
$1,471 |
91.3% |
| Deck Addition (Wood) |
$10,950 |
82.8% |
| Minor Kitchen Remodel |
$21,198 |
81.1% |
| Siding Replacement |
$15,072 |
76.7% |
| Window Replacement (Vinyl) |
$15,955 |
74.3% |
| Universal Design Bathroom |
$16,393 |
70.6% |
| Bathroom Remodel |
$19,391 |
70.1% |
| Window Replacement (Wood) |
$19,391 |
69.5% |
Betting on Curb Appeal
Exterior jobs boost a home’s curb appeal, which real estate professionals say is crucial to winning over buyers and increasing resale value. When driving up to a home, prospective buyers can immediately become smitten by just glancing at the home’s facade, and your garage door plays a huge role in making that stellar first impression.
Taste Affects Value
Homeowners interested in major interior remodeling projects, such as overhauling the kitchen or bathroom, can find themselves in an expensive predicament if they’re looking to eventually sell. According to the Cost vs. Value Report, homeowners spend around $125,000 for a big kitchen remodel with only a 53.5% ROI, and an upscale bathroom remodel costs nearly $62,000 with an expected ROI of 56.2%.
Regardless of the big bucks you shell out, if a prospective buyer does not like the look of your expensive, ultra-modern kitchen, they won’t deem it valuable.
(Thermacore® Model 195)
Upgrading Your Garage Door Starts Here
With the Overhead Door™ Brand’s endless design options, homeowners can select the perfect garage door for their home’s aesthetic. Our
DoorView visualizer tool helps simplify the process by using an actual image of your home’s exterior to accurately envision hundreds of potential garage door designs. If you have access to an iPad or tablet our DoorView® app is available for a free download.
Once you design your ideal garage door, contact an Overhead Door™ Distributor near you to receive a quote and begin raising your home’s value.