With an average price of $1,496, a Garage Door replacement was found to have a resale value of $1,132, recouping 75.7% of its cost. Only Wood Deck Additions fared better, recouping 77.3% of the value on a project whose average cost was reportedly $9,327.
This comes as no surprise to us at Banko Overhead Doors. We’ve long known how a new garage door can enhance a home or stand-alone garage’s curb appeal, while increasing the safety and functionality. Dollar for dollar, this is one of the best types of investment to consider when attempting to improve the value of your home and garage.