In today’s challenging and competitive property market, making your home a standout from the outside 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. Painting before selling your home can give you high returns.
Repainting your home can give you a high return on investment
If you spend money on upgrades, make sure that your changes will guarantee a high return on your investment (ROI).
House painting your Dublin home is a cost-effective but reliable way to increase your home’s resale value. Some estimates report that a new professional paint job costing $10,000 can increase your home’s selling price by up to $50,000.
Update your kitchen
In general, updates to your home’s kitchen, bathroom, and exterior are the most likely to give you the highest ROI. Kitchen remodels, in particular, yield the highest ROIs in terms of increasing your home’s resale value.
So far, the industry’s standard ROI for mid-range kitchen remodeling is between 50% to 60%.
A complete renovation in your kitchen isn’t always necessary when you’re looking for a high ROI. Just a few upgrades and a lot of sprucing up will do.
If your kitchen cabinets look old and dingy, you can have the doors and boxes refaced or repainted. It’s also a good idea to install new hardware to make your kitchen cabinets look more updated without breaking the bank.
A few new touches, such as sleek pendant lighting over the kitchen island and a unique backsplash, will further transform the look of your kitchen.
- Refresh your bathroom
Bathroom makeovers also yield very high ROIs. The average ROI on a bathroom remodel is from 55% to 60%.
A mid-range bathroom remodel – which may include replacing the tub, fixtures, toilet, sink, tiles, shower head, etc. – can guarantee up to 60% ROI.
But if you can’t commit to complete remodeling in your bathroom, there are many areas to work your home improvement magic for a sizable return. Cleaning and sanitizing your bathroom, repainting the walls, swapping out old hardware, and installing new lighting are some ways to give your bathroom a fresh, modern look. It can boost your home’s resale value by $5,000 or even more.
- Restore (and even enhance) your home’s exterior.
What’s the sense 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, many people focus on updating the interiors and forget the importance of curb appeal when selling a home.
Suppose a potential buyer checks out your property to see faded, chipped, cracked, or peeling paint. They will judge your property as not well-cared for. They won’t be interested to see what’s inside your home if its outside appearance turns them off.
Is that what you want to present to your potential buyers?
Don’t forget first impressions count a lot. We mean A LOT. Curb appeal is vital for creating a fantastic first impression with potential buyers. It sets the tone for the buyers’ expectations of your home’s present condition.
A simple coat of paint will not only restore your home’s outside appearance, but it can also enhance it. Of course, an exterior paint job won’t be successful without the necessary prep work before painting.
A new coat of paint, 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 your home from mold and rot.
Even if the exterior is generally in good condition, consider the siding, front door, and trim colors. Are they neutral in tone or painted with much older colors? Does your house stand out for the right or wrong reasons? Again, first impressions count a lot.
Consider painting your home with neutral tones consistent with its architectural style or immediate surroundings. Giving your front door and trim a splash of color is a great idea to enhance your home’s curb appeal.
Don’t forget to repaint the deck, railings, fence, and even the garage, ensuring they’re still in good condition. Potential buyers will also look at the condition of these things to assess whether they will count these as possible expenses down the road. Buyers looking for a fenced residential property will not consider your property fit to move in if the fencing requires repair, paint, or stain.
Which are the best paint colors for selling a house?
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 the buyers to picture it with their furniture, decor, and paint colors of their preference if (and when) they move in.
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 and request a free estimate.