Some home improvement projects are bankable for the seller—some, unfortunately, are a bust.
A new front door is one of the projects that can yield a high return on investment. A steel door, specifically, costs an average of $1,230 to install, but may increase the home’s value by $1,252—a 101.8 percent return.
A fiberglass door, too, may boost a home’s value, by over $2,000 ($2,107, to be exact), while costing an average of $2,926— a 72 percent recoup for the seller.
If you’re planning to replace your front door, keep in mind that some doors require maintenance. Be sure to clarify these requirements before purchasing.
Remember, also, that the least expensive product is not necessarily worth the savings. The front door is likely the first feature buyers will notice when visiting the home.
It may be tempting to select a style you like personally, but choosing a style that is reflective of the exterior of the home may be the wiser choice. The front door should complement the style of the rest of the house.
High-tech security features are also worth considering. A recent report by CEPro.com includes front door technology among its top trends for the home, with the doors themselves holding much promise for integrated home technology.
By John Voket