CURB APPEAL and GARAGE DOORS

For most people who remodel their home, return on investment is important. The reality is that you usually won’t recover the cost of your investment right away; however, there are projects that recoup faster than others and play a strong role in a home’s resale value.

For most people who remodel their home, return on investment is important. The reality is that you usually won’t recover the cost of your investment right away; however, there are projects that recoup faster than others and play a strong role in a home’s resale value.

Projects that impact curb appeal tend to impact resale value. When a buyer approaches a house, the curb appeal can affect a potential buyer’s first impression and, consequently, a home’s resale value.

Every year Remodeling Magazine releases a Cost vs. Value Report going through the current costs of projects, how projects impact resale, and what percentage of the cost is recouped in the first year.

For 2010-2011, the editors at Remodeling Magazine added a Garage Door Replacement project to both the mid-range and the upscale project lists. In the report, the garage door replacement projects ranked high, recouping from 69 percent of the cost on the upscale garage door to 83 percent on the mid-range garage door. The editors attribute this high rate of return to the facts that garage door replacements are among the least expensive projects in the survey, and that they improve curb appeal instantly.

Look at the overall design of your home when considering a garage-door upgrade. Having the garage on the front of the house is not ideal, architecturally speaking, so the object is usually to make the door look as nice as possible without making it the star of the show.

An updated garage door that not only looks good but functions well and saves energy will leave a great first impression for guests or prospective buyers.