Let’s say, you have decided to sell your house. Great! You are ready to clean up and mow the lawn, but what about the paint? Do buyers expect to see your residential property freshly painted when they tour a potential new house?
The quick answer is “yes”. Painting your residential property can attract buyers and drive up your sales price. However, there are a few variables that can affect your decision, such as the type of market you are selling in and the current condition of your paint.
You can trust our professional residential painters in Melbourne with your property at Aram painting.
Residential house painting is one of the top agent-recommended projects
Painting the interior of your home is one of the fastest and most cost-effective home improvement projects you can tackle when selling. In the Top Agent Insights Report, the majority of real estate agents surveyed advise sellers to paint the interior before selling.
If your exterior paint is chipping, peeling, or fading, you should paint your home exterior before selling. Real estate agents recommend sellers paint the home exterior before selling.
An attractive facade is crucial to making a fantastic first impression on buyers; it sets the tone for what buyers expect from the condition of your home. Since the exterior of your home is where most of the eye is drawn, a fresh coat of paint can greatly improve buyers’ first impressions.
Return on investment
Researches show that interior and exterior painting can yield a return on investment of up to 51%. For example, if you invest $3,000 in painting the interior and exterior of your home, you can expect the value of the home to increase by $6000.
In addition, exterior painting increases the marketability of your home by improving your listing photos and increasing your home’s curb appeal. A freshly painted home is also appealing to buyers who want to avoid renovations.
A fresh interior paint job not only increases the value of your home, but also makes your rooms look newer and “move-in ready” for buyers. If you opt for a lighter shade, you can even make your interiors appear larger, adding another plus point with buyers.
So, should you paint the exterior of your home? It depends on the condition of your exterior paint.
If your home looks new after a thorough cleaning, you are probably good to go. However, if your home is in poor condition, your buyers could be looking at a large and expensive project. This could deter buyers who want a turnkey home or at least a dreamy exterior.
We recommend painting over colored and faded walls with a neutral color. While we can never guarantee what a seller will want in a home, neutral colors are generally acceptable.
To paint or not to paint: The basics in a nutshell
So, is it worth repainting your house before selling? If you
have the time and money to do it, and your home’s exterior or interior is not
looking its best, you should. Painting is one of the easiest projects you can
tackle before selling.
We do not think it’s always necessary, especially for homes that are already in good condition or in a higher price range. But for lower-end homes that need a thorough cosmetic overhaul, it can make a big impact.
If you are looking for professional painting services in Melbourne, Aram Painting is the best choice you can make for your residential property painting. Contact us for a free quote today.