Selling your home can be quite daunting, especially if you want to maximize the sale price. While various improvements can be made, one of the most cost-effective changes is painting the exterior and interior of your home. Painting both the inside and outside of your home can increase its value often more than enough to recoup the cost of painting. Below are some of the many ways home painting can help improve your property value.
Add Style
According to House Grail, interior painting was one of the top home improvement projects in 2021. Both interior and exterior paint jobs can add style to your home. Choosing the right colors, textures, and finishes will give people a good feeling when they walk in the door. If you want to go all out, consider adding murals or accent walls with unique designs to create a dramatic effect.
First impressions are important and if potential buyers don’t like your home’s exterior, they may not even bother looking at the interior. Your house should look attractive from the curb so take some time to consider what colors and finishes could give it a facelift. Whether you opt for interior or exterior painting, the right combination of colors and textures can make a big difference when selling your home.
Boost Resale Value
Painting your home can also increase its appeal to potential buyers. According to HomeGain, painting a home’s exterior can add over $2,000 to its resale value. That’s because a fresh coat of paint can make a house look more modern and well-maintained. If you’re looking to maximize your home’s value, painting it could be one of the best investments you make.
Plus, when potential buyers take a look at your home, they won’t have to worry about any major repairs or renovations. In addition to painting the exterior, consider giving your interior walls a fresh coat of paint as well. This will make your home look more inviting and give buyers the impression that it has been well-maintained over the years.
Save on Maintenance Costs
Nothing is worse than needing to constantly maintain your home and paying for repairs every year. Paint can protect the exterior of your house from damage caused by weather, insects, or other elements. A good quality paint job will last for years, meaning you won’t have to worry about repainting as often. This can save you money in the long run, as you won’t need to pay for costly repairs or maintenance every few years.
Painting your home can also help you save money by making it more energy efficient. By choosing a high-quality paint that has thermal insulation properties, you can keep your home cooler in the summer and warmer in the winter. This will help reduce your energy bills and make it more attractive to potential buyers.
Impress New Homebuyers
According to Gartner, two in three Millennials and Gen Z’ers prefer to support brands that stand for something. This also holds true for home sellers that want to attract buyers that are looking for a home with character. Painting your home in bright, bold colors or adding unique accents will help you stand out from the crowd.
Adding a few decorative touches, such as a mural or faux finish, will also help to impress potential buyers and give your home some personality. You can also use this opportunity to showcase your style and make a statement about who you are as a homeowner. You can also do the opposite and opt for beautiful, calming, neutral colors that will make potential buyers feel at ease.
No matter what you decide to do, painting your home can make a big impact on its value and potential sale price. Whether you’re looking to spruce up the exterior or add some charm to the interior, choosing the right colors, finishes, and accents can go a long way in making your home stand out from the rest.