If you’re looking to increase the value of your home, a simple and relatively inexpensive way to achieve this is with a fresh coat of paint.
Real estate agents collectively agree that a flawless, professional paint job can potentially increase the value of your home by up to 5% the current asking price. This is predominantly because potential buyers naturally gravitate towards properties with a good paint job. A full exterior paint job will increase the property’s curb appeal. However, even if a property is appealing from the curbside, prospective buyers are still likely to turn away if the home’s interior design noticeably requires some home improvement jobs due to peeling paint, smudges or cracks in the walls or other undesirable imperfections.
A property whose interior and exterior has a fresh coat of paint gives the appearance of a well-loved and inviting home. So whether you’re looking to increase your home’s value within the real estate market to sell or rent, or you’re just after freshening the appearance of your home, a good paint job can go a long way!
When it comes to increasing the resale value of your home, visual appearance plays a major role. The investment in interior and exterior painting services is a low-cost and effective way to significantly increase the perceived value of the house, especially if the current paint job is in a less than desirable state.
There are two main reasons for how painting your home will increase its value.
When selling or renting your property, first impressions are vital. From the moment potential buyers walk through the front door, they’ll be on the lookout for any justifications to reduce the asking price. A simple way to tackle this is by ensuring your home’s interior looks fresh, welcoming and worth their investment.
Rejuvenating the home’s exterior and interior appearance with fresh paint will also give potential buyers the impression of a clean slate. When viewing the house, a clean slate eases the mental processes of the potential home buyers so they can effortlessly visualise and imagine how they’d redecorate and create their own life in the home.
For investment properties, when you increase the appeal of your home, you decrease the amount of time your property is on the rental market. This saves you valuable time and money spent on searching for new renters.
Similarly to increasing the appeal of your home, a property with a fresh coat of paint will send the message to potential buyers and renters that the property has been well-cared for and is in good condition. This is a major selling point because prospective home buyers are more interested in purchasing a new home that they can be sure was taken care of prior.
Properties with good exterior paint jobs not only protect the house from weather damage, but also have good curb appeal. This signal’s interested home buyers that the property is being well-maintained. The selling point then comes from the house’s interior paint job. Any scuff marks, peeling paint, or other factors indicating the interior of the home needs maintenance, will drive down the property’s resale value and possibly drive buyers away.
A similar concept goes for investment properties. A rental space that looks unloved and not well-maintained is off putting for renters. This means less rental income and possibly more time spent on the market. So, a fresh exterior and interior painting job is a sure fire way to ensure your property gives the impression of being in good condition, which will in turn increase its perceived value.
It’s no secret that freshly painted homes look and feel more homely and inviting. Whether you want to simply repaint over imperfections with the same colours, or you’ve decided it’s time to update the tones, it’s important to carefully consider the effect the colour scheme will have on your home’s value. Contacting a professional painting service for a colour consultant is the best way to ensure you get the desired style and effect for your home.
Different colours will evoke different emotions and can change the way the living space feels. For example, the lighter the colours, the more spacious and bright the space will appear. Or if you opt for darker tones, the space is likely to feel more intimate and cosy.
Here are some examples of trendy colour choices that are sure to inspire prospective buyers to envision themselves living in the home.
Neutral tones such as beige, off-white and grey are always a safe bet given their classic and timeless appeal. A home with neutral tones also appeals to a wider range of potential home buyers by giving them a blank canvas to work with. This can be difficult to achieve with overtly bold or personalised tones, as they tend to overwhelm prospective buyers and so negatively affect resale value.
Light green is a relaxing hue that can transform your home into a sanctuary that gives shelter from the busyness of everyday living. The correct shade of light green has been known to evoke a calm sense of relaxation whilst adding a touch of elegance and stylishness.
Light blue tones are commonly seen in commercial office settings as this colour is associated with inspiring a sense of trustworthiness and tranquillity. A light blue tone may benefit your property because potential buyers tend to be searching for a home that signals its trustworthiness in providing a long-lasting, safe space to create a dream life within the walls.
Although it may seem like you’ll be saving on cost if you paint your home yourself, there are a few things to consider such as the quality of work, method of application and the tools required. If you are thinking about taking the DIY route, you will need to purchase the right primer, paint, brushes, scaffolding and other tools. This may end up costing you the same, if not more, than hiring professional painters.
Although you may find lots of painting tips online, it’s imperative that the paint job is carried out to a professional standard, otherwise you risk decreasing the value of your property.
DIY painting job pitfalls to consider include:
When you hire a professional painting service, you can rest assured that they will have the experience, tools and training to carry out your painting job to the highest standards, so your property can sell or rent faster and for a higher value. This is achieved through comprehensive colour consultants, correct preparation and proper painting techniques that not only inspires a flawless finish but also ensures that the rest of the property is untouched from either paint splash backs or any kind of damage to walls, fittings and anywhere else.
At Full Coverage Painting, we have over 15 years of expertise and knowledge in how to revitalise and transform the aesthetics of your home with a fresh coat of paint. Our excellent workmanship and high-quality products means that your new paint job will enhance the beauty of your home and last for years to come.
If you are ready to transform your home and increase its value with a fresh coat of paint but are unsure where to start, contact us and one of our friendly team members will be more than happy to help.
At Full Coverage Painting, we always take extra care to work with our clients to ensure you’ll get the right colour, style and effect you desire for your property.