Your garage door ads curb appeal
With market conditions in there current state and people loosing there homes its hard to have a vision of what we have to look forward too. In real estate however what goes down must come up, those who are ready for the turn will capitalize on it. When adding entry doors and or kitchen counter tops people don’t have a problem looking for the best, this as they know adds home value. But just imagine your 300-700 thousand dollar investment with a custom garage door covering 30% of the front of the house.
It might cost $1000 or even $3000 more for a custom handcrafted door but think of the added value it will bring to your $300,000+ home
by the way that would be Approximately 1-3% of the total value of an orange county home. It seems silly not to consider the first item people
see when the drive up and view your home for purchase. Just read what the experts are saying about homes:
Garage Doors ” source = http://www.homeownernet.com”
The garage door may not be the first item you think of dressing up when you’re putting your house up for sale, but realtors say it’s worth giving it some attention.
“It’s the single largest moving part on a home and if it faces the street, it plays a large part in the overall appearance,” says Marty Dewald, a real estate veteran with a 17-year track record as a top agent for ReMax Unlimited in southwest Ohio. “Curb appeal is a critical factor in selling a home. If a prospective buyer doesn’t like the view from the street, chances are he won’t waste time going inside.”
In a new study fielded by Stratamark Research and garage door manufacturer Clopay Building Products, 300 realtors nationwide were surveyed to determine if garage door appearance made a difference in the listing price they would assign to a house.
Nearly all of the agents interviewed agreed that a new garage door enhances curb appeal and 75 percent believes it adds value to a home. In fact, most realtors have recommended that a homeowner replace their garage door when listing their house for sale because of the condition of the door — either it was broken, in bad condition or rotted. Nearly half said appearance was a big reason because the age or style of the door detracted from the home’s curb appeal.
When it comes to adding value to a home’s list price, the right garage door does make a difference. Clopay showed realtors before and after images of several 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.
Depending on the style of the door, and how it fit in with the architectural style of the house, realtors increased the list price anywhere from one to four percent. On a $350,000 home, that’s an increase of somewhere between $3,500 and $14,000 just because of the garage door.
The increase was determined by using the spread between the average estimated selling price of each house with a basic garage door (Before) and the average estimated selling price of that same house with various styles of replacement doors (After).
“That doesn’t mean that a home has to have a designer garage door - the door just has to enhance the overall appearance,” adds Dewald. “However, homeowners should choose a model that fits the look and price point of their home to get the best return on investment.”
The average price for a new garage door ranges from $700 to $5,000 depending on the size of the door and the material it’s made from. The most popular look in garage doors right now is the carriage-house style door. The doors look like old-fashioned swing-out doors but function like modern roll-up doors with an electric garage door opener. The choices for design, color and materials are virtually endless.
