Adding value through exterior painting
People preparing to sell their house might wrongly assume that getting a kitchen renovation, replacing appliances, or redoing a master bathroom is the best way to add value to their home. Or perhaps they think installing new floors is the way to get a better return on investment. While those are all beneficial updates to make, they do not always add as much value as a simple exterior painting update.
When looking to add instant value to your house and increase curb appeal, look no further than exterior painting. Updating your house with a fresh coat of paint can be one of the cheapest and most effective house updates to make. A new coat of paint makes a house look fresh, clean, and updated. That means value!
Think about it, the first thing someone sees when they see your house is the outside.
Don’t you want it to make the best impression possible?
While renovations and kitchen upgrades add value, they are interior fixes. They aren’t as obvious, they aren’t as immediate. A potential buyer could be swayed to either enter the house or keep driving just based on the external appearance. Just like some readers judge a book by the cover, some prospective buyers judge a house based on its color and its first impression.
Another added benefit of updating your exterior paint is to distinguish your house from the rest of your neighborhood. Especially if you have an older home, you can really make it stand out with a new color of paint. This will give you an extra boost in a competitive real estate market.
According to Consumer Reports, an exterior paint job can increase a home’s value by up to 5%.
Even if you aren’t selling your house, you can quickly step up your curb appeal, consider exterior painting. It will add value down the road and in the meantime, you get to enjoy a fresh-looking house every time you come home. Who wouldn’t want to smile every time they pullup to their house?
In our next blog, we will talk about choosing a color for an exterior paint job. Contact Color Expressions Painting today to talk about options and pricing to give a little face-lift to the place you call home.