There are many different reasons why you should upgrade your old garage door to a newer and more modern model with SMART technology options; a new door will help you increase your home’s overall value, provide a higher degree of security against break-ins, and add curb appeal to your property. 

But did you know that replacing your garage door can also add resale value to your home? 

Many people considering selling their home will invest in projects around the house to make it more appealing to buyers and increase the sale price, and installing a new garage door is a project that can yield big returns on your investment. In this blog, we’ll analyze the cost of installing a new garage door vs. the value that renovation brings to your home. 

How Much Value Does a Garage Door Add?

According to reports, the average cost of replacing a garage door in 2024 was between $3,000 to $4,500. However, that renovation added $8,751 on average to the resale value of the home —194% of the cost. It’s a project that more than pays for itself in the end. In fact, modernizing your garage door is one of the top renovations you can make when it comes to adding resale value to your home. 

Why is a garage door such a good investment? It all starts with what buyers are looking for when shopping for a home.

What Do Buyers Look for in a House?

Buying a home is a major investment, so it’s no shock that potential buyers have a long list of criteria when considering a purchase. 

While not everything is under your control, some things that a buyer looks for in a home that you can affect include:

• Construction Quality. Ensuring your home has no major construction issues or costly problems can go a long way to making it more appealing to potential buyers.
• If Replacements Are Needed. A home with new appliances and fixtures will attract a lot more interest than a home where the buyer may need to spend money on replacements as soon as they take possession.
• Utility Costs. More energy-efficient homes with lower utility costs will be more attractive to potential buyers.
• Curb Appeal. Homes with eye-catching exterior décor and beautiful landscaping are valued higher than comparable homes without those features. Curb appeal is one of the most crucial factors in determining a home’s market value.

A common theme with most of the above factors is money. If a potential buyer will need to spend more money on renovations and improvements post-purchase, that will likely lower the resale value of your home. 

Why Do Garage Doors Add So Much Value?

Considering the above factors, it becomes more obvious why a new garage door provides such a big return on investment. The reasons buyers love seeing a new garage door include:

• It Looks Good. A garage door makes up a significant portion of your home’s exterior façade. Because of that, upgrading your garage door to a sleek new one that refreshes and complements the aesthetic of your home can add a significant amount of curb appeal to your house.
• Fewer Repair Costs Await. Upgrading to a new garage door means that a buyer won’t need to spend more money on repairs or replacements when moving in. Buyers will absolutely factor that reliability in when making an offer.
• Improved Energy Efficiency. A quality garage door helps keep extreme temperatures outside where they belong. Older doors will have wear and tear that lowers insulation efficiency, whereas newer doors have better materials and seals. Buyers will look for doors that can help keep their utility bills low.
• Better Security. A new, sturdier garage door provides better security. A garage may be your house’s main entry point and often contains many valuables. A potential buyer will appreciate the added protection.
• Added Safety. Newer garage doors have better safety features, such as photo eye sensors and smart monitoring. Buyers, especially those with families and pets, will take note of this when looking at your home.
• Smoother Operation. Older garage doors have suffered wear and tear on their metal components, leading to squeaking and grinding noises and rougher operation. A newly installed door increases the resale value of your home through quieter and smoother operation.

A higher-end garage door will add more value than a lower-tier model. Additionally, finding the right installation and repair company plays a key role in boosting that value.

Creative Door Services™ Offers Top-of-the-Line Garage Doors

No matter what garage door style you’re looking for, you can find it at Creative Door Services™. We offer top-of-the-line garage doors from trusted brands, including Wayne Dalton, Richards-Wilcox, and Martin Door, that can give your home’s resale value a massive boost. Our expert team will help you find the perfect match for your home’s exterior décor, boosting its curb appeal and enthralling buyers. 

Additionally, we provide comprehensive garage door installation services, ensuring that your chosen door works smoothly and reliably. 

If you want to learn more about our garage door models and how they can boost the resale value of your home, please contact us. We have locations in Kelowna, British Columbia; Vancouver, British Columbia; Calgary, Alberta; Edmonton, Alberta; Fort McMurray, Alberta; Regina, Saskatchewan; Saskatoon, Saskatchewan; and Winnipeg, Manitoba.