Is New Garage Door Installation Worth the Investment? The ROI Breakdown

What Does ROI Mean in the Garage Door World?

ROI, or Return On Investment, is a great way to measure how much value a home improvement project or upgrade can add, compared to how much it costs. An example of this would be: if you spend $4,000 on a new garage door for your home, and it adds $3,800 to your home’s resale value, that’s a 95% return on your investment (ROI). A new garage door can also boost energy savings and efficiency, reduce your annual garage door maintenance needs, and improve overall security.

Garage Door Replacement: Unlock One of the Best ROIs on the Market

According to the Door & Access Systems Manufacturers Association and the 2024 Remodeling Magazine Cost vs.Value Report, a garage door replacement costs approximately $4,513 and delivers an estimated resale value of $8,751 in 2024, leading to a 193% return on investment! That number is almost double the number from the previous year. In many cases, when you go to sell your home, you’ll make back almost your entire investment, if not more than you invested! 

Benefits of a New Garage Door Installation Near You

While the basic ROI on a new garage door is a huge benefit, our team at DC Garage Door & Services believes that ROI can have more to do with long-term garage door performance and homeowner satisfaction than just monetary value. Here are a few reasons we think a new garage door installation is a good investment:

Improved Curb Appeal: Make a Design Impact

Your garage door makes up most of your home’s exterior, which means a lot of people see it on a daily basis. If your garage door is dented, old, or has seen better days, it can make the rest of your home look run-down as well. 

A new garage door, like a sleek modern design, can help elevate your home’s exterior instantly. Other styles of garage doors can include traditional carriage house doors, sleek glass doors, or, in some cases, we offer custom garage door designs for homes that need a little more detail and design impact. We like to install garage doors from Clopay and C.H.I., both of which offer various styles, materials, and colors to make sure you can get the garage door of your dreams!

Energy Efficiency: Helping You Save Money

Most older garage doors lack the proper insulation, allowing hot air to get in during the summer and cold air in the winter, both of which can affect your heating and cooling bills. To help combat that, we recommend installing a high-quality insulated garage door, like the ones offered by Clopay and C.H.I., to assist in regulating your home’s energy efficiency to help save you money. 

Keep Your Home Safe with Enhanced Security

As a garage door gets older, the less it keeps out, including pests and intruders. However, installing a new garage door, especially coupled with a brand new garage door opener, can help boost your home’s security. Many new garage doors and garage door openers offer added safety features like automatic locking to help provide peace of mind.

Smart Technology: Make Your Life Easier

One of the best parts of garage door technology is how far it has advanced in the last decade. When it comes to garage doors, they stay tried and true, but garage door openers? They have only gotten better! 

Our favorite brands of garage door openers at DC Garage Door & Services include LiftMaster and Genie. The LiftMaster garage door openers have become a staple when it comes to smart technology, offering the ability to connect your opener to your smartphone, monitor your garage door remotely, and even open and close your garage door with your phone.

Reduced Garage Door Maintenance and Repairs

A new garage door can also help reduce the amount of garage door maintenance and repairs needed! Most garage doors from Clopay and C.H.I. offer limited lifetime warranties, and coupled with DC Garage Door & Services’ seamless garage door installation, you can bet on years of safe and smooth garage door operation.

When Should You Consider Garage Door Replacement?

When it comes to garage door replacement and choosing when to make the leap, you can use this list of questions to determine if it’s time for a garage door replacement: 

• Is your current garage door over 15 years old?
• Are there dents, warped panels, or sagging spots on your garage door?
• Is your door drafty or letting pests in?
• Is your garage door operating clunkily or needing a lot of garage door repairs?
• Is the curb appeal of your garage door lacking?

If you answered yes to one or more of these questions, it’s probably time to schedule your garage door replacement service!

Are There Factors that Influence Garage Door ROI?

Short answer: Yes! Long answer: There are many factors that help influence the ROI for your new garage door. Some of the factors can be as simple as the quality and style of your new door, such as high-end garage doors from Clopay and C.H.I., may cost more in the beginning, but offer twice as many benefits.

The second factor that can influence your garage door ROI is as simple as real estate market trends and what homebuyers are interested in. If you’re in an area with a popping real estate market, especially if you are planning to sell your own home soon, it may be beneficial to do research about garage door trends in that area.

Finally, garage door installation also plays a part in your garage door ROI, which is why you need to choose the best garage door company near you to install your garage door. With a smooth and professional garage door installation, you know your new garage door will operate smoothly and safely for years to come, saving you from major, costly garage door repairs in the following years.