As last year's Curbly House renovation project demonstrated, a truly impressive curb appeal upgrade is the surest way to increase a home's resale value. The front exterior of the home makes the most dramatic first impression, and that first impression will translate to a buyer's perception of the interior as well. Here's a before and after from our project:
This article from Clopay on how to increase home value just confirms what we've learned anecdotally:
Clopay showed realtors before and after images of different homes featuring a variety of garage door styles ranging in price from inexpensive to high-end. Respondents were asked to assign a selling price to each of the houses and were alerted that the only difference in the photos of each house was the garage door.
Realtors estimate that upgrading a garage door can increase the perceived selling price of a home by up to 4%, depending on the style.
With the average U.S. home price estimated at $206,300 in 2017, this can mean an incremental increase of $8,000 to $14,000, just because of the garage door
In fact, the Remodeling 2018 COST VS. VALUE REPORT ranked garage door replacement first among home improvements in resale ROI.
This post is sponsored by Clopay.