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Real Estate Business Awards 2021

The REB Awards is the benchmark of success in the Australian real estate industry. It reflects not only the business astuteness of the country’s leading real estate operators and networks..

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top 10 agents

Alexander Phillips

Top 1

Year of Experience: 21

Support Staff: 3

Residential Property Listings Secured: 241

Total Value of Residential Properties Sold: $ 706,737,500

VIEW COMPLETE REPORT
1/10
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top suburbs

12 month growth
Warren
49.59%
Mullumbimby
49.48%
Waverton
49.18%
Blairgowrie
48.97%
Porepunkah
48.95%
Streaky Bay
48.89%
Bruce
48.67%
Koolewong
48.46%
Failford
48.4%
Victory Heights
48.22%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
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How updating a garage door can add $20,000 to a property

By Sasha Karen
29 June 2017 | 1 minute read
Garage door, increase in property value

Two previous The Block winners explain how spending less than $5,000 to update a garage door can add up to $20,000 in value to a property.

First appearances matter and a property’s kerb appeal is the first thing people notice. This includes garage doors.

If a property’s facade is outdated, it can decrease the value of the property, according to Deanne and Darren Jolly, winners of season 10 of renovation TV show The Block and ambassadors for B&D Garage Doors.

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“The front of your home gives guests or potential buyers that all-important first impression, which makes it a crucial area of the home to allocate a budget for. Installing a new garage door is a cost-effective way to get a lot of bang for your buck,” Ms Jolly says.

Her view is not only shared by renovators, but real estate agents such as Rose Koutoumas, director of First National Real Estate Bentleigh.

“When buyers are viewing a home for sale, an updated garage will boost the value of the property,” Ms Koutoumas said.

“A front makeover and new garage door can add up to $20,000 to the selling price.”

Mr and Ms Jolly have included garage doors in their renovations. Revamping the garage door in a 1990s brick home in McKinnon, Victoria cost them less than $3,000 and instantly transformed the property’s facade. Ms Koutoumas praised the makeover, saying it made the property’s exterior look “fresh, clean and inviting”.

“It’s amazing how a small transformation can add dollars to the value of a home,” Ms Koutoumas said.

Melissa Ryan, principal of McGrath Estate Agents Bentleigh, also weighed in, saying the kerb appeal of the property had been improved “by a thousand per cent”.

And Mr and Ms Jolly’s tips for choosing the best garage door for a property?

“Match your roller door style with the style of your home, and then pick up on existing paint or timber colours used on the exterior trims, doors and roof to help select the colour,” the couple said.

How updating a garage door can add $20,000 to a property
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top 10 agents

Alexander Phillips

Top 1

Year of Experience: 21

Support Staff: 3

Residential Property Listings Secured: 241

Total Value of Residential Properties Sold: $ 706,737,500

VIEW COMPLETE REPORT
1/10
Do you have an industry update?

top suburbs

12 month growth
Warren
49.59%
Mullumbimby
49.48%
Waverton
49.18%
Blairgowrie
48.97%
Porepunkah
48.95%
Streaky Bay
48.89%
Bruce
48.67%
Koolewong
48.46%
Failford
48.4%
Victory Heights
48.22%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.