How to Increase the Value of Your Home with Paint
Painting is an investment, not a cost.
Preparing to sell your home can be tricky, but it doesn’t have to be. There are best practices that can add instant value and help you sell your home faster–all at a minimal cost.
For that reason, painting both the inside and outside of your home is an ideal strategy for boosting your home’s value.
Allow us to provide you with 7 simple painting tips to maximize your return on investment when it comes to list your home for sale.
1. Stay Neutral
If you’re considering putting your home on the market, upgrading the paint in your home can boost its overall value and attract potential buyers – especially if you choose the right colors. A fresh coat of paint delivers 100% ROI and can stand to increase the value of your home by 5%.
2. Focus on High-Traffic Areas
When painting, we recommend focusing on high-traffic areas of your home. Ensure to carefully consider which color and finish is best suited for the room and its purpose. High-traffic areas such as entryways, kitchens, stairways and bathrooms are most susceptible to wear and tear, so it’s important to do research your research ahead of time to ensure you’re getting the right kind of paint.
3. Use Mid-Grade Paint
Most painting contractors categorize paint in three categories: builder-grade, contractor-grade and premium-grade. Builder-grade paints are the cheapest type of paints and are generally not very durable. Contractor-grade paints adhere to both price and quality, and generally cover the needs of most requirements. Premium-grade paints are preferred for durability or increased longevity for painting upgrades. If you are listing your house for sale and need a paint upgrade, then we recommend choosing the contractor-grade paint to maximize the return on your investment. If this is your permanent home, then we recommend opting for premium-grade paints.
4. Skip the Closets
Painting closets is more time consuming than most people think and can quickly add up in overall costs. Rather than investing the time and money on repainting your closets, we recommend that you simply keep them organized, as well as hiding personal memorabilia before listing the house for sale. Most buyers tend to inspect the kitchen cabinetry and bedroom closets, but very rarely cross examine the paint used within tighter spaces.
5. Remove Wall Paper & Bold Colors
Most buyers don’t want wall paper or bold colors in their new home because, in most cases, it will not appeal to their personal taste or style. In addition, removing wall paper can be a time-consuming and costly process so we recommend ‘staying neutral’ and choosing a mid-grade paint like we mentioned earlier in this article.
6. Repair Cracks & Water Stains
Whether you’re trying to clear up a small water damage problem of your own or sell your house, knowing the signs of hidden water damage is important. The sooner you know about hidden water damage, the better your chances of fixing it before it becomes a bigger and more expensive problem. This will help streamline the inspection process when it comes time to sell your home.
7. Clean Woodwork & Doors
Every home is worth more with the right colors. Your front door, the trim, the shutters – all of the things you see from the street are a homeowner’s first impression, so painting them a color that pops can add a considerable amount of value to your home.
Hire an Experienced Painting Contractor
Painting your home can bring a number of benefits. Whether you’re looking to freshen up the look of your home or are simply trying to increase its value, it is important to hire a professional painter.