There are lots of reasons why you might want to increase the value of your home. Whether you need more equity, you’re interested in selling, or you’re simply future-proofing, it’s wise to look at upgrades that are relatively cost-effective for the amount of value they’ll add to your home.
Replacing doors is one of those upgrades. It’s relatively inexpensive compared to things like kitchen makeovers, new siding, or new interior drywall—and it’ll give your entryways a fresh, new look that will leave an impression on potential buyers. To find out more about the advantages of replacing doors, read below.
Does a New Front Door Add Value to Your House?
Replacing your front door, especially if the current doorway looks dated or worn, can add a tremendous amount of value to your home. Budget door systems can cost you between $150 and $250 while mid-range door systems will run between $275 and $600—more for a high-end door system. For that cost, a beautifully finished front door can add up to $24,000 to your home’s perceived value.
Why does a new front door add so much value to a home? It’s all about making a great first impression through curb appeal. When potential buyers see your home, the front door is one of the first things they’ll see. It should be welcoming, and depending on your design, it may add a much-needed splash of color to the home’s look. Making sure this part of your home is in pristine condition gives them a good first impression—and a positive outlook on what they might find once they pass through the front door.
What’s more, a new front door adds value both for you and for potential buyers because it will likely be more energy efficient. Over time, key elements of your doorway system like the weatherstripping and threshold can wear, which leads to drafts that drive up your energy bills. A new door will put a stop to those drafts—and allow you to replace an old, outdated door with a new one that features modern insulation.
Does Replacing Interior Doors Add Value to Your Home?
Interior doors are a bit different in regards to home value. Old, worn, or dated-looking doors can reduce your home’s value, as can doors that are mismatched throughout the home, or doors that are missing. If your interior doors are in great shape and all matching, then this is a job that won’t add much to your home’s overall value. But when doors are missing, mismatched, or worn, you should definitely replace them to add value to your home.
Part of the reason why interior doors add value to a home is because they reflect the home’s overall design. That’s why it’s important that they match—they’ll give your home’s interior a cohesive, well-maintained look, which can only mean good things for the way buyers perceive your home.
It’s also important that interior doors match other elements within your home. For instance, if you have built-in cabinets with glass doors, then you may consider French doors to complement the cabinets. Rustic doors work well if your home has the farmhouse look, and panel doors are ideal in homes featuring traditional styles.
Energy efficiency is a growing concern among potential buyers, too. Guest rooms, bonus rooms, and basements that can be sealed off when not in use will save money on energy bills—and that makes your home more attractive to buyers who are looking for energy-efficient homes.
With more and more people working from home, privacy is starting to top the list of features that homebuyers are looking for. Many are looking for home office space—and that includes an office with a door that can be closed to shut out distractions. Bedroom doors not only offer privacy but keep the home quieter throughout the workday when kids are in their bedrooms watching TV or playing games.
New exterior doors can add a lot of value to your home. Where interior doors are concerned, you’ll only need to make updates if there are issues with the home’s current doors. No matter which doors you’re replacing, it’s all about adding style to your home and making it a welcoming place—though buyers are also interested in energy-efficient upgrades.