Does Exterior Painting Increase The Value Of Your Home?

The real estate market has been great the past year, making most homeowners contemplate selling their home. For some, upgrades need to be made to make it more attractive and improve sell-ability. A great way to make a good first impression is with an exterior repaint. Fading, peeling and outdated paint will turn off potential buyers. This is a cost-effective way to make your home look better while adding equity to your home.

The Benefits of an Exterior Paint Job

Although an interior repaint might be just as important, most designers and real estate professionals would agree that an exterior repaint is an affordable way to increase the value of your home. According to Consumer Reports, an exterior repaint increase the home value by 2-5%. On top of being able to demand higher sales prices, painting the exterior provides the following benefits:

-Peace of mind. Buyers do not want to worry about extensive repairs. if the paint is past 10 years in age, I would consider requesting a free quote.

-Use of colors that will make the house appear larger (light tone)

-Adding an accent of color or a new pair of stained wooden shutters can make your home look amazing.

Tips for Painting Success

If you make the right color choice, an exterior repaint will give your home a clean look, widening the buyer base and improve the value of the home. Painting your house can come along with challenges. Here are some ways to make sure things run smooth:

-Add some color, bring some striking color to the railing, shutters or door can help the house pop.

-Select neutral color, this will allow you to appeal to the widest base of buyers.

-If your home is vinyl siding, make sure to use a vinyl safe color, as some colors can actually cause the siding to melt and warp.

Even if you decide to not paint the entire exterior, consider painting the front door with a bold color to make a good first impression.

Measure the Risks

Exterior paint jobs are typically no brainier when selling your home, but you still need to measure the risks involved. If your job is relocating soon or you need a quick closing, it may not be beneficial to have the exterior painted. It takes time to repaint your home, so make sure you have two weeks to assure everything is completed on-time.

Contact

If you are considering repainting the exterior of your home give us a call for free estimate. We can walk the home and figure out if a repaint is something your home needs or if touch up work will do justice. Either way, we know exterior painting. Its a large portion of what we do and is the core to our business. Let us get things freshened up for you!

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