According to Remodeling Magazine’s 2013 Cost Vs Value Report, for the first time in six years, the overall average cost-value ratio for home remodeling has improved, reaching 60.6%. This is 2.9 points better than the 2011–12 number, which hit a low of 57.7% (the lowest point since at least 2001), and is more than a half-point better than the 60.0% ratio from two years ago.
What that means is that if you’re considering a home remodeling project, this may be the time to act. Depending on your region and your choice of project, you could add considerable value to your home.
And if you’re remodeling to sell, there are some projects that have a better return than others. One of them is the garage door. According to the report, a new garage door in the Kansas City area can recoup up to 75.7% of its value, which is an increase over previous years.
In newer homes, the garage door can take up to 30% of the home’s visible exterior, so it’s a huge part of the curb appeal of the home. The good news is that garage door options have increased in recent years. Materials include aluminum, steel, and wood and can be made in virtually any color or style to complement existing architecture. They can be insulated to conserve energy and even be used as focal points of your home.
On February 8-10, 2013 the Remodeling Show comes to Kansas City’s American Royal Center. It’s KC’s only consumer show dedicated to the remodeling and home improvement industries. Raynor Garage Doors of Kansas City will be at Booth #1031. Come and see us!