ROI Of A Front Door Replacement (3 Ways Your Investment Pays Off)
Maybe you’ve noticed a draft forming around the bottom seal of your front door. Or maybe you have to give your door an extra pull to close and lock it fully. Maybe you’ve just become bored with what your front door looks like (it happens).
No matter the reason, you know replacing your front door is an investment.
When investing in your home, you want it to be worth it, especially when you choose a high-quality product that is made to last.
A front door replacement comes with many benefits, like added security, upgraded aesthetics, and improved insulation of your home.
Like with any product, you weigh the benefits and drawbacks of what you’ll get from your investment. So, before replacing your front door, you’re wondering if it will last in your home, how it will make your home look, and if it’s even worth it.
Southwest Exteriors has been an exterior remodeling contractor in San Antonio since 1989. We specialize in high-quality front, side, and patio door replacements, offering fiberglass, vinyl, and clad doors.
The doors we install are durable and made to be a long-term solution. However, many factors influence the quality and longevity of the door, like its material, installation, and warranty.
No matter the type of door you choose for your project, you still want to know that this project will benefit you and your home. We at Southwest Exteriors understand the value replacing your front door can bring…but do you?
This article will define the return on investment of a front door replacement by using data from the 2021 Cost vs. Value Report. We will also go into where exactly you’ll see that ROI to understand the value of replacing your front door.
After reading, you’ll know the value of replacing your home’s door and what you’ll see in the future of your investment.
What is my ROI of replacing my front door?
Before starting your door replacement project, you’re wondering first how much it will cost to replace your front door and second what you’re going to get out of your investment.
Replacing your front door can cost anywhere from $500 to $5,000 just to start out. The cost of replacing your door depends on the door's material, size, installation, and design.
Now, this is a wide range for the cost of this project. It’s important to keep in mind the factors that influence the cost and remember that what you put into your new door will also affect what kind of ROI you see.
According to the Remodeling 2021 Cost vs. Value Report (www.costvsvalue.com), the national percentage of cost recouped of a steel entry door replacement is 65%. The cost recouped for a fiberglass front door replacement with two sidelites is 60.9%.
For San Antonio homeowners, the percentage of cost recouped for a steel entry door is 70.7%. For a fiberglass entry door and sidelite installation, the cost recouped is 46.7%, according to the Remodeling 2021 Cost vs. Value Report (www.costvsvalue.com).
These percentages are the 2021 national averages calculated using real value data from realtors around the country. The prices used to calculate cost recouped percentages are based on average project cost by area.
What do these percentages mean to me?
Now that you know the cost recouped for a steel entry door and fiberglass door with sidelites on a national and local level, what does this really mean?
Simply put, these percentages mean that the cost you put into your door replacement project, you’ll get a percentage back. The Cost vs. Value report calls this the cost recouped, but you can also look at it as your percent ROI.
Where will I see my return on investment for my door replacement?
First, you want to understand what your ROI for your door replacement project could be. Then, you want to know where exactly you’ll see that return to better understand the value of your project.
For a door replacement, you may only be thinking about the cosmetic benefit of an upgraded look. While this is a pro of replacing your door, did you know this contributes to your ROI as well?
Let’s dig a little deeper into where you’ll see your return on investment when you replace your door.
1. Your new door provides improved security to your home
The first place you’ll see your ROI in replacing your door is by improving the security of your home.
Upgrading your front door with a high-quality, durable, and operable door provides your home with more protection against external forces. If you have a damaged door that struggles to close or lock fully, this is especially true.
Replacing your door will ensure you and your family are secure inside your home. This will not only save you money on security costs for extra sensor systems and cameras but provide you with peace of mind that you are safe.
2. Your new door will save you in continuous maintenance costs
The second area you’ll see your return on investment for your new door is your savings on maintenance costs.
If your door has become worn over the years, you may have had to constantly spend money keeping it functioning and looking nice. Damage, rotting, and general deterioration are most common around the side jambs of the door and bottom threshold.
If you’ve been experiencing problems with your door and have attempted to keep up with fixing them, this is costing you. When you replace your door and door system with a low-maintenance, high-quality one, like fiberglass or vinyl, for example, you save on future maintenance costs.
You want to replace your door once and have it replaced right. Then, you won’t have to worry about replacing it again in the future or having continuous costs for upkeep.
3. Your new door upgrades your home’s aesthetic and increases the resale value
The third place you will see your ROI with your new door is in its aesthetic value and its ability to increase the resale value of your home.
The front door of your home is its smile. It welcomes friends and family and allows them to enter your home.
When you upgrade your door, you can increase the aesthetic value of your home. Replacing any door with a sturdy, durable, and high-quality door will also increase the resale value of your home.
Think about it. If you are in the market for a new home, would you choose the house with an upgraded door or one that may need replacing in a few years? Replacing your door can not only increase the value of your home but help it sell faster when you put it on the market.
ROI of replacing my door: Is it worth it for me?
Now that you are aware of national and local data for the ROI of an entry door replacement and where you see your ROI, you have a better idea of the value of replacing your door.
While many replace their door for aesthetic purposes, there are many ways a door replacement is a worthy investment.
Replacing your door will provide added security to your home, save you from future maintenance costs, and increase the aesthetic and resale value of your home. So, is replacing your door worth it for you?
If you’re considering replacing your front door, you must consider what type of material you want the door to be made of. The material of your new door will determine its durability, how much maintenance is required, and how it will look, which all affect your return on investment.
Check out this article that outlines seven common door material types, what their pros and cons are, and what maintenance is required for them. Then, you’ll know more about your options for your replacement door and can align your goals for your project.
Ready to replace your door with a long-lasting solution?
At Southwest Exteriors, we offer high-quality replacement doors for your front, side, and patio needs. Our fiberglass, vinyl, and clad doors are made to last a lifetime in your home because of their durability and our craftsmanship in installation.
On top of that, we offer a lifetime warranty on your product and the installation. No matter what happens, Southwest Exteriors will be there with the right solution for you.
Are you ready to start your door replacement project? Schedule your free, in-home consultation with an expert design consultant today!