How Painting Your Home Boosts Its Value
How painting your home boosts its value
Your home is your single-largest investment. If you want to get the most out of it when you list, it makes sense to invest back into the property by making strategic, value-boosting upgrades. While many homeowners focus on remodeling their kitchen and bathroom, don’t overlook the value of paint. New interior and exterior paint can give your home a significant value boost ahead of sale. In this article, we’ll review how you should proceed and what decisions you’ll need to make.
Improve your curb appeal with new exterior paint
If your home’s exterior paint is starting to fade, peel, or otherwise deteriorate, you’re not the only one who is going to take notice. Even in an age of online listings where prospective buyers have multiple photos of your home’s interior at their fingertips, curb appeal—how your home looks from the street—still matters. When buyers pull up to your home for an open house or to take a guided tour, you want them to get the right impression. Overgrown grass, messy landscaping, and poor exterior paint can all deter interested buyers from moving forward.
The easiest way to fix this problem is by giving your home’s exterior a refresh. Hire professional landscapers to come out and spruce up your property. Have an experienced exterior painter in your area repaint your home and refinish the exterior. The result of these efforts is a home that will shine—and impress buyers.
Freshen up the inside of your home
If you’re looking to transform the inside of your home with minimal investment and effort, things don’t get much easier or inexpensive than a fresh coat of paint. In fact, the right paint can completely change the mood and feel of a room. For example, a lavender accent wall in your master bedroom can make that space much more relaxing. A vibrant sky blue in your kitchen can complement your cabinets, countertops, and backsplash while also adding energy to the space.
Of all the impactful upgrades and changes you can make to your home prior to listing, interior painting is the one that costs the least and is the most DIY-friendly. Just make sure you do your research ahead of time on what type and color of paint you’ll need, as well as how to properly apply it for a professional-looking finish to the project.
Should I do it myself, or hire a professional?
The answer to this really depends on a number of individualized factors. For example, your budget might come into play here: if you’re looking to minimize your spending, you may need to handle the painting yourself. Or, if time is more imperative because you need to list sooner than later, the guaranteed deadline of a committed professional painter might be worth it. One final consideration: the exterior material of your home. In areas of the country with stucco homes, exterior painting should probably be handled by a professional who can properly prepare and repair the stucco prior to applying paint.
There are certainly advantages to working with a painting contractor. For one, if your neighborhood has a homeowner’s association, the painter may already be familiar with the approved color palette for exterior paint. Professionals also have access to professional-grade paints that stand up better to the elements (outside) and general household wear-and-tear (inside).
Now’s the time to get started
If you’ve been on the fence about painting the interior or exterior of your home, the months leading up to listing are the ideal time to get moving. For even more information about painting, your potential return-on-investment, and making color choices, be sure to check out this infographic sent to us by the team at Crash of Rhinos Painting in Phoenix, Arizona.