The concept of curb appeal is increasing in importance as you consider the digital aspect of marketing real estate in today’s marketplace. The first look that most homes receive occurs on the screen of a computer, smart phone or tablet. Pictures sell homes and anything you can do to enhance that first impression will benefit you today and in the future. Seven of the top ten projects on the following report involve the exterior of the home and impact its’ curb appeal.

In the new 2018 Cost vs. Value Report (www.costvsvalue.com), an upscale garage door replacement soared to the top spot in the rankings of all 21 midrange and upscale remodeling projects studied. This is the first time in the history of the Cost vs. Value Report that a garage door replacement ranked first of all remodeling projects. Remodeling magazine’s 2018 report compared the average cost for 21 popular remodeling projects with the value those projects retain at home resale in nine U.S. regions and 100 U.S. markets. Garage doors have been included in the annual report since 2010.

In the new study, the approximate $3,470 cost for an upscale garage door replacement delivered an estimated “value at home resale” of $3,411, equating to a 98.3 percent return on investment (ROI), up from 85 percent in 2017. The remarkable 98 percent return means that an upscale garage door replacement virtually pays for itself. No other remodeling project delivers better value.

You can enjoy the beauty of your new door today knowing that your investment will provide a return at the time of sale. Please contact us at American Door Works and we will explain the options available to enhance the beauty and functionality of your garage.

Project

Job Cost

Resale Value

Cost Recouped

Garage Door Replacement

$3,470

$3,411

98.30%

Manufactured Stone Veneer

$8,221

$7,986

97.10%

Entry Door Replacement (steel)

$1,471

$1,344

91.30%

Deck Addition (wood)

$10,950

$9,065

82.80%

Minor Kitchen Remodel

$21,198

$17,193

81.10%

Siding Replacement

$15,072

$11,554

76.70%

Window Replacement (vinyl)

$15,955

$11,855

74.30%

Universal Design Bathroom

$16,393

$11,581

70.60%

Bathroom Remodel

$19,134

$13,422

70.10%

Window Replacement (wood)

$19,391

$13,468

69.50%

Roofing Replacement

$20,939

$14,320

68.40%

Grand Entrance (fiberglass)

$8,591

$5,809

67.60%

Deck Addition (composite)

$17,668

$11,239

63.60%

Bathroom Addition

$44,717

$26,769

59.90%

Major Kitchen Remodel

$63,829

$37,637

59.00%

Master Suite Addition

$123,420

$69,807

56.60%

Bathroom Remodel

$61,662

$34,633

56.20%

Bathroom Addition

$83,869

$45,752

54.60%

Major Kitchen Remodel

$125,721

$67,212

53.50%

Master Suite Addition

$256,229

$123,797

48.30%

Backyard Patio

$54,130

$25,769

47.60%