When you spend money on home improvements, you want a good return on your investment, also known as your ROI. According to Remodeling Magazine’s Cost vs. Value Report 2014, a new front door is the top-ranking home improvement, adding on average 96.6% of the amount you spent on the door to the value of your home.

A poll conducted by Scotiabank (in Canadian Contractor) states that 65% of Canadian homeowners plan to renovate within the next year. The top three reasons for renovating?

  1. To increase a home’s comfort (45%)
  2. To increase a home’s value (22%)
  3. To repair damages (19%)

If 22% of renovations are undertaken in order to increase a home’s value, a new door can be an excellent upgrade, and a new entryway can add to a home’s perceived value by as much as five times the cost of the door itself.

FAQ Friday is a weekly feature where we answer Frequently Asked Questions about our products, service or industry. To see other FAQs we’ve answered, visit our FAQ page. If you have a question you don’t see an answer for, just ask in a comment or contact us.

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