ROI on New DoorsPublished on Tuesday April 18, 2023
When it comes to home improvement projects, homeowners often wonder which upgrades are worth the investment. Installing new doors is one such project that can add aesthetic and functional value to your home.
But do new doors increase home value? In this post, we’ll explore the ROI of new doors and whether they’re worth the investment.
Does a New Front Door Increase Home Value?
The front door is the centerpiece of your home’s exterior and can make a big impact on your home’s curb appeal. Tracy Callahan — VP/Managing Broker with Coldwell Banker Realty for over 10 years — says upgrading your front door can have a significant impact on your home’s perceived value.
“The value of quality doors is often overlooked by buyers. They notice more of the “look” and the curb appeal of the style door, rather than additional value,” says Callahan. “However, with the growing interest in smart homes and energy efficient homes, I think that may change in the future.”
In addition to increasing your home’s value, a new front door can also enhance your home’s energy efficiency, security, and durability. Upgrading to a solid wood, steel, or fiberglass door can improve insulation, reduce drafts, and lower energy bills. It can also improve security by offering better protection against intruders.
Overall, a new front door can have a positive impact on your home’s value and can provide a range of functional benefits.
Are Solid Core Doors Worth It?
Solid core doors are made of solid wood or composite material with a solid core, making them more durable and soundproof than hollow core doors. This door offers several benefits, including improved insulation, noise reduction, and increased durability.
However, are solid interior doors worth the investment? The answer depends on your specific needs and budget. If you prioritize soundproofing or durability, then investing in solid core doors is worth it. If you’re looking for a more cost-effective solution, hollow core doors can also provide some benefits at a lower price point.
Callahan offers this advice to homeowners on the market for new doors: “If you are considering selling your home in the next year or two, consult with a real estate professional before making these investments and improvements.”
“The goal should be to choose products that appeal to the largest buyer pool, making your home more attractive at a higher price,” says Callahan. “Giving you the greatest return on your investment.”
Solid Wood Doors Add Value to Your Home
Solid wood doors are often considered a luxury upgrade due to their beauty and durability. These doors are made from natural wood and offer a range of benefits, including improved insulation, durability, and aesthetic appeal.
Solid wood doors can also add value to your home. According to a report from Remodeling Magazine, installing a new upscale front entry door made of solid wood can provide an ROI of up to 68.8%. This means that if you invest $5,000 in a new solid wood front door, you could potentially increase your home’s value by up to $3,440.
However, it’s important to note that not all solid wood doors are created equal. The type of wood, quality, and style of the door will all impact its perceived value and ROI.
Is It Worth Replacing Interior Doors?
While replacing interior doors may not have the same impact on your home’s value as a new front door, it can still provide several benefits. Upgrading to solid core doors can enhance your home’s aesthetic appeal by updating outdated or damaged doors.
When deciding whether it’s worth replacing interior doors, consider your specific needs and budget. If your current doors are outdated, damaged, or hollow core, then investing in new solid core doors can provide several benefits. However, if your budget is limited, you may want to focus on other home improvement projects that provide a higher ROI.
“If the doors appear damaged, old, or have problems operating correctly, I would absolutely suggest replacing them, especially if it is the front door,” says Callahan. “This is the first impression of the condition of the home. As for any glass doors, they absolutely should be replaced if there are broken seals and discoloration in the glass. This is an eye sore and buyers notice it.”
In summary, if you want to replace all of your doors but only have the budget to replace one or two doors, prioritize the exterior doors. However, your interior doors are still important to the overall value of your home.
Start Your Door Replacement Project Today!
Upgrading to a new front door can have a significant impact on your home’s perceived value. When shopping for a door replacement, it’s important to enlist the experts. You can trust Long Doors to get the job done quickly and professionally. Contact us today to receive a free estimate.
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