Thursday, 12 December 2013

Garage Doors and Property Value

Garage Doors and Property Value
Your garage generally accounts for 20–40 percent of your home, so it’s a feature that should not be overlooked when planning and designing. A garage is a selling point for any home, and the type of door you install can play a big role in the overall aesthetics and property value.

Curb appeal is always nice, but it’s particularly important if you’re looking to sell your home. “If a prospective buyer does not like the view from the street, chances are they will not even give the house a look inside.”

Click here for wooden garage doors

This speaks to your landscaping, siding, and the design of your garage door. Many people see a garage door as an afterthought, but the age and look of the door can play a big role in the first impression your home creates (Peterson 30).

If you’ve installed an insulated garage door, this can further increase the value of your home. Energy efficiency is a sought after feature, and prospective buyers like knowing that these sorts of features are already in place. This along with modern energy efficient windows can enhance the draw of your home.

Just how much can the right garage door add to your property value? A study done by Stratamark Research and Clopay Door interviewed 300 realtors nationwide and revealed that on average an insulated garage door added 1–4 percent to the selling value (Avalar San Diego). On a $250,000 home that equates to adding $2500–10,000 in value, which is a significant gain.

1 comment:

  1. Great information. It helps me alot on my next project.
    Thanks for shearing
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