A little known fact among homeowners in Australia is that a new garage door could add extensive value to their homes. Researchers in the industry estimate that a new garage door could add an average of $20,000 to an average property.
The value could increase by an additional $30,000 if the doors are custom garage doors. Custom garage doors are designed specifically for the property in question as opposed to the standard “one style fits all” approach. Use the information below to make sure you get it right when you upgrade your premises.
Reasons Your Garage Door Can Reduce Your Home Value
To understand what a significant difference an updated garage door makes to the value of your property, let’s have a look at some of the reasons an old door can reduce resale value:
- Wooden doors start rotting or paint starts peeling after years of being battered by various weather conditions. New owners will either have to replace this and ask for a lower price, or request that you repair it.
- It’s obvious that a garage door that’s been hanging around for years will have a few dents and dings that will need fixing. The aesthetics also won’t help you get your asking price.
- Older garage doors have poor insulation and might already sag. Both of these instances will not be appealing to a potential buyer.
The Value a New Door Can Add
New garage doors, especially custom garage door options, add to the resale value of your home largely because of the benefits they provide the homeowner. The more features that look good and benefit the homeowner, the more enticing they will be to a potential buyer. Here’s what buyers’ value.
Increased Aesthetic Value
Whether you choose tilt panel lift doors, roller doors, or sectional garage doors, replacing the existing door is the place to start. Potential buyers see the exterior of your home before the inside. Whether your home gets any potential buyer action will depend on how it looks from the street. It’s commonly referred to as “street appeal.”
If your house has an old, loose garage door that looks like it’s hanging on a single hinge, it won’t seem appealing. A new, motorised, well-structured door on the other hand, will ooze street appeal. You can take it one step further by adding a bold colour that complements the style of the rest of your property. By viewing our ColorBond range, you’ll be able to choose the colour that’s perfect for your property.
These days, we all want our homes and properties as safe as possible. That includes the door that secures your vehicle. Our motorised roller doors come equipped with internal/external keypads or handheld remotes which not only create ease of access but increase the safety of your garage. Our motorised doors are also made using high cycle motors which can easily be integrated with your home fire system.
Reduced Maintenance Cost
If you’re putting your home up for sale, a potential buyer doesn’t want the added hassle of having to constantly maintain the garage door to keep it working. Older doors might require cords, parts, and wires to be constantly repaired or replaced.
Our modern, prefinished, custom garage doors won’t require any additional maintenance. Newer doors will be better insulated, which will also reduce energy costs. New doors will eliminate all these issues and the cost of the door can be added to your asking price. In short, the new doors will pay for themselves!
Decreased Noise Levels
Few things can be as annoying as a squeaky garage door. It advertises your comings and goings to the whole neighbourhood. Whether your new door is motorised or operates manually, the new homeowner will have peace of mind that the door functions efficiently, effortlessly, and above all, quietly!
One of the most common grievances from homeowners concerning their garage doors is that the doors don’t function as smoothly as they should. This results in extra effort to get them open or closed. New doors will mean new parts and components which will lead to a smoother operation. You could even use this opportunity to upgrade to a motorised door with additional features to make operation modern and more convenient.
Upgrading to a new Dandenong garage door will eliminate time spent on repairing or maintaining a rickety door that’s old and dated. It’s time to give your garage a makeover and increase your home’s value at the same time!