How Painting Before Selling Can Be Profitable

In today’s challenging and competitive property market, making your home stand out is essential. But you don’t have to spend a fortune to make a smooth sale. A fresh coat of paint can make your home look beautiful, well-maintained, and ready for the market.  You can also consider for a sunny Livermore home professionally placing new stain on exterior decks

Painting and staining before selling your home can yield high returns, making it a smart investment. Whether it’s a vibrant exterior or a refreshed interior, a little paint can go a long way in attracting buyers and boosting your home’s appeal.

How Repainting Can Give You a High Return on Investment

When selling your home, painting can be one of the most cost-effective improvements you can make. Studies consistently show that both interior and exterior painting can significantly increase your home’s value, providing a high return on investment (ROI).

According to HomeLight, painting the exterior of a home can boost its value by $7,571, with an ROI of 152%. Similarly, repainting interior walls can increase a home’s value by an average of 5%, yielding an ROI of 107%​.

The National Association of Realtors (NAR) found that 66% of real estate professionals agree that exterior paint is essential for curb appeal, making it a critical project for homes being listed.

A fresh coat of paint on the exterior not only improves the appearance but also signals that the home is well-maintained, which can be crucial for attracting buyers. Commonly recommended colors include neutral shades like beige, gray, and light blue.

Meanwhile, for interiors, neutral colors such as white, off-white, and light gray are often recommended for the interior to make the space appear larger, cleaner, and more inviting to potential buyers.

Investing in a fresh coat of paint is a simple yet powerful way to enhance your home’s market appeal and ensure a quicker, more profitable sale. By strategically choosing the right colors and focusing on both interior and exterior painting, you can maximize your ROI and make your home more attractive to buyers.

Update Your Kitchen

kitchen cabinet painting and refinishing in Dublin, CA

Updating your home’s kitchen, bathroom, and exterior are the most likely to give you the highest return on investment (ROI). Kitchen remodels, in particular, offer some of the best returns when it comes to increasing your home’s resale value.

Industry standards show that the ROI for mid-range kitchen remodeling is typically between 50% and 60%. However, a complete renovation isn’t always necessary to achieve a high ROI. A few strategic upgrades and a bit of sprucing up can make a significant difference.

Here are some simple kitchen upgrades you can do:

1. Repaint or reface your cabinets 

If your kitchen cabinets look old and dingy, consider refacing or repainting the doors and boxes. This can refresh the entire look of your kitchen without the expense of a full replacement.

Installing new hardware is another cost-effective way to modernize your cabinets and give them an updated appearance.

2. Update lighting

Adding sleek pendant lighting over the kitchen island can dramatically improve the aesthetics and functionality of the space.

Good lighting makes the kitchen more inviting and can highlight other design elements.

3. Install a new backsplash

Installing a unique backsplash can add personality and style to your kitchen. This simple update can make a big impact and is relatively easy to do.

Refresh Your Bathroom

Bathroom makeovers offer substantial returns on investment. The average ROI for a bathroom remodel ranges from 55% to 60%. Here’s how you can refresh your bathroom for a significant impact:

1. Mid-range remodel

This might include replacing the tub, fixtures, toilet, sink, tiles, and showerhead. Such updates can guarantee up to a 60% ROI.

While this is more extensive, it pays off by making the bathroom look modern and functional.

2. Simple updates

To refresh your bathroom and make it more appealing to more buyers, here are some simple update ideas:

Repaint the walls: A fresh coat of paint can do wonders. Opt for light, neutral colors to make the space feel larger.

  • Clean and sanitize: Start by giving the bathroom a thorough clean. Remove any stains and ensure all surfaces are sanitized.
  • Swap out old hardware: Replace outdated hardware like towel racks, toilet paper holders, and faucets with new, stylish options.
  • Install new lighting: Update the lighting to make the bathroom brighter and more welcoming. Consider LED fixtures for better energy efficiency.

These simple updates can significantly boost your home’s resale value, potentially adding $5,000 or more to your home’s price. By focusing on cleanliness, modern touches, and functional improvements, you can create a bathroom that impresses potential buyers without a full-scale remodel.

Restore and Enhance Your Home’s Exterior

What’s the point of having clean, well-maintained, and beautiful interiors if the exterior has fading, peeling, and cracking paint? There may even be mold or rotting wood on the side or back of your home. Too often, people focus on updating interiors and forget the importance of curb appeal when selling a home.

Imagine a potential buyer checking out your property and seeing faded, chipped, cracked, or peeling paint. They’ll judge your property as not well-cared for and might lose interest before even stepping inside. First impressions count a lot, and curb appeal is vital for creating a fantastic first impression with potential buyers. It sets the tone for their expectations of your home’s condition.

Here are some simple fixes you can do to restore and enhance the exterior of your home:

  • Repaint the exterior walls: A simple coat of paint can not only restore your home’s appearance but also enhance it. An exterior paint job, if correctly applied on a clean and well-prepared surface, will protect your home from weather elements, insects, dust, and soot. It can even protect against mold and rot.
  • Repaint other parts: Even if the exterior is generally in good condition, consider the siding, front door, trim, deck, and railings. Are they neutral in tone or painted with outdated colors? These parts might need a new refresh as well. You may opt to add a splash of color to your front door and trim can enhance curb appeal. Don’t forget to repaint the deck, railings, and even the garage.
  • Use neutral tones: Consider painting your home with neutral tones consistent with its architectural style or immediate surroundings. 
  • Consider the fencing: Ensure they’re in good condition, as potential buyers will assess these areas for possible future expenses. Buyers looking for a fenced residential property will not consider your property fit to move in if the fencing requires repair, paint, or stain.

Investing in exterior improvements is a straightforward yet effective way to increase your home’s market value and appeal to buyers. 

Which are the Best Paint Colors for Selling a House?

Bright Cozy Modern home with Big Windows, Decorations and Stylish Furniture in San Ramon, CA

When painting your home for staging, real estate agents recommend sticking to neutrals such as beige, cream, ivory, grays, and browns. Neutral colors will make your house a “blank slate,” allowing buyers to picture it with their furniture, decor, and paint colors of their preference if (and when) they move in.

Why Do Neutrals Work?

  • Versatile: Neutral colors match with various furniture styles and decor, making it easier for buyers to see the potential in each room.
  • Brightening effect: Lighter neutrals like cream and ivory can make rooms appear larger and more open.
  • Modern appeal: Gray has become a popular neutral due to its modern and sleek appearance, fitting well with contemporary designs.

Recommended Neutral Colors:

  • Beige: A classic choice that adds warmth and is highly adaptable.
  • Cream: Soft and inviting, perfect for creating a cozy atmosphere.
  • Ivory: Clean and bright, ideal for making spaces feel larger.
  • Gray: Sophisticated and modern, offering a wide range of shades from light to dark.
  • Browns: Subtle and elegant, great for adding depth and richness to a room.

The right paint colors can enhance your home’s appeal and make it more attractive to potential buyers. Neutral tones create a welcoming environment that allows buyers to envision their personal touches, ultimately helping you achieve a quicker and more profitable sale.

Conclusion

It’s incredible to think that something as simple as a coat of paint can do wonders for your home, from transforming its look to increasing its resale value. House painting your Dublin home before selling it is an easy investment that can yield significant returns.

If you plan to sell your home, invest in quality residential painters like Custom Painting, Inc. We will bring our 40-plus years of experience and expertise to make your home beautiful and ready for staging. Contact us today at 925-294-8062 or use our contact form to request a free estimate.