When it comes to painting your home, it pays – quite literally – to understand the costs. Not the costs of hiring a team of professional painters in Kalamazoo but the costs of ignoring signs of damage, outdated paint, or – warning, danger ahead – dreaded floral wallpaper. Maybe your realtor commented on the color of your second bedroom or cringed at the wood paneling in your basement. Maybe you’ve noticed peeling paint on your home’s exterior. Or, maybe potential buyers have balked at the decisions you made five, ten, or twenty years ago when you moved in. Whatever the reason, you’ve experienced the costs of not painting.
If you don’t think you have the time – or money – to put a fresh coat of paint on your home, consider that fresh paint can add up to 3% to your home’s value. Beyond that, potential buyers are simply more likely to buy homes that they don’t have to paint.
Things to consider when weighing the decision to paint your home
- Curb appeal. A house that needs exterior paint has less curb appeal. Less curb appeal translates into less views. And, of course, less views means less offers – and less competitive offers – which can result in a lower selling price.
- Property value. Outdated interior paint can drastically reduce your home’s value. Additionally, with the housing market currently booming, buyers may be turned off by what they perceive to be a “fixer upper.”
- Return on investment. When you put money into painting your home, you can count on a 50% to 100% return on your investment. But, you’ll also generate more interest and more offers, which can lead to a shorter, less costly time on the market.
- Faster sale. The longer your home stays on the market, the more it costs you. Whether you’re still paying for its mortgage, utilities, or upkeep, a faster sale doesn’t just mean you’ve saved time, it means you’ve saved money.
At Van Tuinen Painting, we’ve worked with countless homeowners in the Kalamazoo area. Looking to sell, they came to us for help stretching their dollar and making their homes more appealing to potential buyers. For the last 45 years, we’ve remained committed to developing the expertise, experience, and capabilities necessary to help you maximize your return on investment. So, if you’re considering selling your home, we encourage you to reach out to us today via our contact page to discuss how we can help.