There are a lot of ways to increase the market value of your home, but perhaps the most inexpensive of them is to paint it. Interior and/or exterior painting is a really affordable process which affects greatly the market value of your estate. Below are some tips that can really help you get the most out of painting.
Curb Appeal
One of the most important design characteristics when it comes to home sales is the curb appeal. The good news is that a cheap and affordable paint job for the exterior of your home can make wonders and thoroughly change the appearance of the home. This is an advantage for you as a seller, because the prospective buyers will be pleasantly impressed even before they have entered the house. HandyAmerican.com claims that you can add resale recovery to your home and increase its price with up to 200% with a simple external painting. However, if you don’t have the necessary sum to paint the whole building or there is no time for such a big project, you can repaint only the window sills, the trim and the gutters, which will still add some curb appeal to the appearance of your home.
Painting Inside
An internal paint job is sure to increase the market value of your home. However, have in mind that not every prospective buyer would like bright or exuberant paint colors. On the other hand, every buyer will appreciate a newly paint house with neutral and fresh colors like beige, cream, white, tan, etc. From there, they can paint the house the way they like. Make sure that the new paint covers any door dings, skid marks, paint chips and other places where the paint has been affected with time. You can check the trendy colors during the season you are selling your home – the more fashionable, the more expensive.
Painting Quality
While well-painted fresh walls may increase the market value of your home, the poorly carried out paint job may make just the opposite. Have in mind that in order to increase the market value of your home, you need to have it painted professionally. No paint drips and spills, no marks from the brush and no uneven layers of paint means professionalism. Both the exterior and the interior of your house should be painted professionally. If this is the case, you can be sure that this will affect the market value of your home positively.
Market Competition
Of course, if your home is freshly painted and looks better, this means that it will be more valuable for the prospective consumers. When there are a lot of homes for sale around your area, this may be the feature that will attract buyers and make them buy your home. Some buyers may not have enough funds to repaint the newly-bought home, so a good paint job is a big advantage in such a case. In short, a professionally carried out exterior and interior paint job will position your home better at the real estate market.