Improve your home’s value with exterior painting before listing it on the market
To boost the value of their home, many homeowners take on big-ticket projects such as remodeling their kitchen, master bathroom, or backyard. While all three of these projects can have a high return-on-investment, they also incur significant upfront costs for the homeowner. Many homeowners may not be in the position to put thousands of dollars into their kitchen or bathroom.
However, this doesn’t mean you’re out of options. Interior and exterior painting is one high-ROI project that requires minimal investment and can yield big benefits. In this article, we’ll review what you should know about painting your home prior to sale.
Improve your property’s value and curb appeal
Both interior and exterior home painting are high-ROI projects. On average, interior painting has an ROI of 107%, which means most homeowners get more out of the project than they initially invest. Even with a lower ROI (55%), exterior painting is also worth it due to the positive impact it can have on curb appeal.
Your home’s exterior paint can make a great or a bad first impression to a prospective buyer. Deteriorating, fading exterior paint isn’t going to make a positive one. In fact, exterior paint can send subliminal messages to a buyer about the true value of your home. A freshly painted, beautiful home that looks great from the outside can charm a buyer just as easily as a shoddy, downtrodden-looking home can turn one away.
Of course, “curb appeal” no longer refers exclusively to that first look a buyer gets when pulling up to your home. It’s even more important that your home looks great in online listings, and paint plays a role here, too. Exterior and interior paint—complemented by the right lighting—makes a home “pop” in such listings. This is critical: many buyers scroll through dozens of listings at a time, and may only stop to look at your home for a matter of seconds. If you can catch their attention at this moment, you’re going to get more inquiries, more visits, and—ultimately—more offers.
For the best results, go with a pro
If your budget is limited and you have the time, you may be able to tackle your interior painting on your own. Just make sure you’re using the right colors and that you’re thorough with your cleaning and prep work. Remember: you’re not going to get the expected value out of the project if the new paint doesn’t look right or has been applied sloppily.
On the other hand, if your time is limited, you may want to consider hiring a professional—especially for the exterior painting of your home. Working with an expert painting contractor removes quality and time as variables: you’ll have the peace of mind that comes with knowing the project will be done right and prior to the date you’re looking to list the place. Plus, having someone else work on the painting frees you up to work on your laundry list of other projects in preparation for listing!
Get color ideas and choose the right paint for your home
Before you run to the local hardware store for supplies, there are some other things to consider. For example, if you live in a community governed by an HOA, you’ll want to double-check with them to make sure there’s not a preset color palette for all homes in the neighborhood.
For even more tips and things to think about regarding interior and exterior paint color choices, check out this infographic sent to us by the team at Crash of Rhinos Painting in Phoenix, AZ.