4 Ways Painting Your Home Increases Its Value
A fresh coat of paint can go a long way when it comes to improving the appearance of a home. It can also help with increasing the value of the home. Repainting the interior or exterior of a home is a small investment compared to other home improvement projects, but can have a sizable payout when it comes to selling a home.
Homeowners should be able to profit from the sale of a house. To maximize value, painting provides a boost in price. This isn’t the only reason to paint a home, however. Paint is the first line of defense that protects the surfaces from the elements. The longevity of paint depends on the quality of the paint product and application, the weather, and the type of surface being painted.
Maximize Value in a Home
Which image would make a better impression on homebuyers? Notice how the newly painted home in the top image looks brighter and more welcoming?
1. Enhance Curb Appeal
The appearance of a home can leave a positive or negative impression with potential buyers. Exterior paint is a cost-effective way to get more foot traffic and increase the value of a home by 2-5%.
Painting the exterior of the home is more economical than installing new siding. It also gives the impression that the home has been properly maintained. Homebuyers place a high value on the curb appeal of a home.
Color is an important factor to consider when painting the exterior. Lighter shades make homes appear larger and darker shades have the opposite effect. Check the architecture and colors in the surrounding neighborhood to get an idea of which colors to choose. Be mindful of homeowner’s association regulations about what colors and exterior elements are allowed.
2. Spruce Up the Inside
Whether a home is being prepared to be put on the market or just needs some upgrades, a fresh coat of paint will make it much more appealing. Potential buyers want a home that is aesthetically pleasing and comfortable to spend time in. New paint will give the home’s interior a clean and relaxing feel.
If painted walls and trim are not in good condition, it can negatively impact a person’s impression of a home. Chipped, peeling or otherwise damaged paint will leave a very bad effect. If the paint on the walls inside a home suggests the premises are in disrepair, you should add a fresh coat before an appraiser or potential buyer takes a look.
Also, a poorly chosen color can rub people the wrong way. Neutral colors appeal to most home buyers.
3. Touch Ups
If most of the exterior or interior of a home is in good shape, a touch up will do. The trim, molding, front door, or other accents may only need to be painted. The goal is to cover any chipped or flaking paint to give a home a fresh look. No one wants to see chipping paint or rotting trim. Painting these items is an easy fix.
4. Quality of Paint Job
Potential home buyers want to know the current owners have taken pride in maintaining the home. Painting a house makes it worth more at resale as long as the quality of the paint job is acceptable. Paint drips, brush marks and uneven coats of paint will reduce the visual appeal of a home. That’s why hiring a professional painter is a good idea. They are trained and experienced in the proper prep, products, and techniques to get the best results.
Painting a house will make it stand out in a competitive market. It makes the home more “sale ready” and attractive to buyers. It’s a small price to pay upfront to sell a house fast and for a good price.
About Battle Born Painting
Battle Born Painting has provided clients in Northern Nevada with affordable painting services for many years. Their painters are highly skilled and knowledgeable in prep work, application, and product selection. At Battle Born, they take great pride in offering superior customer service to residential and commercial clients.