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Are you wondering whether a new garage door is worth the investment? Recent research says yes.
According to Zonda Media’s 2023 Cost vs. Value report, homeowners who replace their garage doors see a nearly 103% return on investment (ROI). On average, homeowners spent about $4,300 on a garage door replacement and saw a resale value of almost $4,420.
In other words, homeowners can expect to get the money they put into their garage door replacement back, plus a little extra, when they sell their house. A new garage door can add value to your house, especially if it boosts curb appeal. Researchers estimate that an attractive home sells for 7% more on average than similar homes with less curb appeal in the same neighborhood.