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How Repainting Can Boost Your Home's Resale Value

home resale value

Paint is your home's first defense against any precipitation that gets on the surface. Unfortunately, this means your walls are subject to sun, rain, wind, heat, cold, insects/pest, or any other kind of environmental damage.

Now, while a freshly painted exterior should be safe from such damage, the paint will fade or peel off over time- and the old, faded paint job might be in the way of getting an attractive deal when selling your property.

Why?

As much as the size, structure, or prime location are essential contributors to making your property a valuable asset to potential buyers, an aesthetically pleasing scheme of house paints can also directly make your home more desirable.

Moreover, repainting is an easier, more accessible, and budget-friendly home improvement option that can increase your home's reselling value compared to any other form of house renovation.

So, whether you're considering an interior paint project, changing the colour of your kitchen, or choosing to completely change the exterior paint colour, these makeovers can add significant value to your house. In addition, an excellent exterior paint job can also send signals to buyers that your house is in good condition and that they won't have to invest money in upkeep immediately.

How Painting Adds Value to a House

Painting your house increases its resale value, provided the paint is of acceptable quality. Uneven paint finishes, brush marks, paint drips and paint splatters will reduce your house's visual appeal and, ultimately, its value.

On the other hand, top-quality paintwork done by professional residential painters enhances the house's value to a great extent. Freshly painted surfaces cover the scratches, stains and dents that build up on walls and doors over time. If the paint colour makes your house look like it needs fixing, a fresh coat will add that appeal before your home hits the market.

Create a Better First Impression

The colour and material of the walls are what potential buyers notice first when they are house-hunting. Most homebuyers have tight schedules, so they usually have an opinion of your house before walking through the front door. A clean coat of paint makes it look like you've been trying to maintain your home for years.

The amount of money you invest in your living space is evident in its appearance. Potential buyers looking to move into a reliable property should not face any problem. When you give your house a fresh coat of high-quality paint, you show potential buyers that you've taken care of your property.

Potential buyers want to be able to imagine a life in their new home. Since they are paying hundreds of thousands of dollars for your house, they will appreciate moving into a house that require fewer aesthetic projects. If you've done an excellent job taking care of your house over the years, they may feel confident and reassured with your property to make an offer.

Increase Protection against Damage

Nature can be harsh sometimes. Rain, wind, sleet, snow, insects, and fire are just a few of the natural elements capable of damaging your home - and the right paint can withstand almost all of them to some extent.

Think of paint as a protective exterior coating, like a shield for the exterior of your home. It can prevent moisture from seeping into your property, thus avoiding the financial and health damage caused by mould-mildews.

In other words, repainting provides an extra protection against direct rain damage. It can even prevent insects from entering your exterior. Speaking of insects, termites are a significant killer of wooden houses; being able to proactively identify and fix this problem is crucial if you want to save on basic repair costs. Evaluating the exterior of your home before applying a new coat of paint can help you quickly identify any potential insect damage, and adding the paint itself can help prevent entry.

Stage of Repainting Your House

A fresh coat of paint will make your house stand out in the market. A quality paint job will help your house stand out from competitors who may not have opted for repaint. Even the simple act of sanding and painting laminate flooring can yield excellent results in creating an attractive contemporary look without spending a lot of money on renovations.

Here are some things to consider when deciding what to repaint and how to get started with the repainting process:

Start with Repairing Paint Damage:

While high-quality paint may last for decades, over time, paint can peel off the partitions or side panels. You will need to repair those specific areas if you notice that the partition is missing paint. A fresh coat of paint gives your home a clean look. When your house's exterior looks new, potential buyers believe your house's interior has been updated and well-maintained. As a result, they will be more encouraged to enter your home than if your exterior is already worn and damaged.

Even if the inner coating is in good condition, chips and other signs of paint damage will stand out to appraisers and potential buyers who often influence your house's value. In addition, touching up damaged areas and/or painting trim will improve curb appeal if tight budgets preclude painting the entire exterior.

Prioritise the Most Visible Spaces:

If you can't afford to paint all the interior spaces, that's okay. Simply paint the areas that potential buyers will focus on when they walk through the front door, such as the large room, entryway, hallway, and master bedroom.

However, when it comes to the exterior of your house, ensure your paint project has maximum coverage, as curb appeal is key to making a great first impression on buyers; it sets the tone for buyers' expectations about the condition of your home. New paint can go a long way to improve a buyer's first impression.

Paint with Eco-Friendly Materials:

Modern houses use eco-friendly paints that are free of harmful chemicals and fumes. If your property is a bit older, repainting it with low VOC eco-friendly paints can increase the market value of your property.

In addition to their eco-friendly formulations, Dulux accredited professional recommended paints also offer qualities superior to chemical-based products and have been proven to retain colour, viscosity, wear resistance, and better paint coverage.

The environment friendliness also reduce the impact on the air quality of and around your building. And by producing less toxic fumes as it dries, eco-friendly paint can help reduce your risk of such health-conditions as breathing problems.

Experiment with Neutrals:

Which colour increases the resale value of your home the most? Neutral paint colours for interior walls add the most value. Neutral colours like white, cream and tan give buyers a blank canvas of design possibilities. You can't go wrong with neutrals. While bright colours can be polarising, neutrals attract more potential buyers.

Best of all, a neutral palette evokes timeless elegance that never goes out of style. Style your house with neutral colours, and you've laid the groundwork for potential buyers to put their stamp on the property. When they checked in, they had a blank canvas to work on in their heads. They will be able to imagine decorating the room and filling it with their things. Plus, bright white or neutral wall colours can make a room look larger!

So if you think neutral patterns are boring or clinical, think again! Greys, beiges, taupes, and browns are found in neutral palettes and can be used to add warm, welcoming touches that connect with potential buyers.

Contact Premier Painting Company to Paint Your Home in Sydney

Premier Painting Company has the team of highly experienced and Dulux-accredited residential painting professionals you've trusted in Sydney's coastal and suburban areas for over 20 years. If you're considering selling your home, explore your paint options to increase the resale value of your property.

Our interior and exterior painting experts are ready to help you handle your paint projects and give it a fresh coat of paint to make your house look new. We offer exterior painting, interior painting, and decorative moulding services to make your home look its best. Contact us today for a free painting quote and expert colour consultation.

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