If you are considering selling your home, you’re probably thinking of ways you can increase your home’s value to get a better ROI. Having your home freshly painted can definitely help with this. According to the home experts at Better Homes and Gardens, some paint colors can actually increase the value of your home by up to $5,000. You should contact a home painter to find out what kind of investment you’d need to make to have your interior and exterior freshly painted. Let’s look at some details on home painting.
When it comes to painting, having the exterior, interior, or both repainted before listing your home can increase the home’s value. This can, in some cases, produce a dramatic return on your investment. It’s estimated that on average, if you have both the inside and the outside of the home done by a home painter, you can bump your home’s value up by $4,000 to $5,000. That comes out to 107% on interior paint and 55% ROI on exterior paint. These numbers are even more significant for a stucco home.
The National Association of Realtors estimated that 66% of real estate professionals agree that having exterior paint redone is essential to a home’s curb appeal. This is a powerful factor of your home during a home sale. It's oftentimes the first thing that a potential buyer will see, and the impression that is made on them can be significant. Even if they see the inside of your home and it’s perfect, there is still a good chance that the first impression can linger.
When potential buyers see peeling, fading paint, or discolored paint, it can have a very negative impact on how they feel about the home. It can give the impression that it's not been well cared for. You also need to keep in mind that most potential buyers are first looking at your home online. Even if you just had the house painted, poor color choices might have a negative impact on buyers. They may only glance at your home for a moment before making a decision whether to pursue other options. You don’t want to lose a prospective buyer simply because they didn’t like the paint color.
If you are looking for a quality home painter, contact Above Average Painting & Drywall today. We are here for all of your painting needs. We are excited to work with you.