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Garage Door Replacement ROI: Is It Worth the Investment?

Garage Door Replacement ROI Is It Worth the Investment

 

We can guess your reaction to the word ‘investment’: you see hundreds of dollars being poured into some suspicious cryptocurrency (which your IT mate said was about to take explode). Or, your partner convinces you to buy the most expensive Persian rug for your home, only for it to be worn in by wine stains, muddy boots and pawprints. Or you buy a purebred Ragdoll cat, and it spends half the time at the vet due to its signature hip problems.

And to be honest, you’re not wrong. We can count the number of solid, definite investments on one hand. These include garlic crushers (makes life so much easier), massage guns (makes you feel so much better) and garage door replacements (makes your home look fantastic and you get a high ROI). You could probably throw electric toothbrushes in there, too.

So, to answer your question: yes, garage door replacements are worth the investment. Let’s take a look at why:

Garage door replacements are the kings of ROI

Garage doors have the highest return on investment (ROI) out of any home upgrade (outside of structural renovations and remodelling). According to the 2023 Cost vs. Value Report by Zonda Media, garage door replacement offers an ROI of 102.7%. This means that a garage door that costs $3,800 will recoup roughly $3,900 upon resale.

So, not only are garage door replacements technically free, but they’re actually a way to add value to the home. This is particularly worth considering if you’re looking to put your home on the market at some point – whether it be now or later down the track.

Garage door replacements are an easy investment

Investing in your home is generally hard. Just look at kitchen remodelling, for example. You need to plan out what you’re going to do, spend weeks choosing materials, ask around to find good quality tradies and then pay for them to do their work. Sure, it pays off in the end. But it’s difficult, stressful and time-consuming.

Garage door replacements, however? Not challenging in the slightest. You just head to The Garage Door Guys’ website or visit our store in person, choose whatever garage door you like, and we come and install it for you. A process that might take just a few hours, which actually leads to a profit on your home.

So, the answer is a massive yes if you’re wondering whether a new garage door is worth it on the ROI front. Check out The Garage Door Guys for a new garage door today. We’re Adelaide’s leading team for garage door retail, services and repair. With a huge range of stunning garage doors and a specialist team in maintenance and repair, there’s no wonder why we’re one of South Australia’s most trusted garage door experts. Get in touch with our team today.

The Garage Door Guys