Considering a home sale later down the road? Refreshing the exterior paint may raise your home’s price tag.
Many homeowners overlook exterior paint, preferring to leave it another year or just pressure wash it for now. Even so, most designers and real estate professionals would agree that new exterior paint is a relatively affordable way to increase the value of your home significantly. It’s estimated that an exterior paint job (when done correctly) can increase the value of your home from 2 to 5 percent.
If you’re looking to sell your home in the near future, repainting is a wise choice. In addition to enabling you to command a higher sales price, painting the exterior of your home offers the following advantages:
- It’s more economical to paint rather than install a new vinyl siding. Good-quality paint can last years longer with fairly low upkeep, as opposed to siding.
- Buyers do not want to worry about expensive repairs before they’re even in the home. A home painted 20 years ago speaks of deferred maintenance and the need to paint the home sooner.
- Employ color to make the house appear larger by using light and bright shades of paint, or smaller by using darker shades.
Depending on where you live and the quality of the exterior paint used for the job, most exterior paint jobs are capable of lasting anywhere from three to seven years. In California, we recommend that homeowners put a fresh coat of paint on the home’s exterior every five years for the best results.
Calculate the Risk
If you’re thinking about painting the exterior of your home, there are many things to take into consideration. Even though you might be thinking that taking on the project yourself is the most economical way to do it, this isn’t ideal for everyone. Painting an entire home is a mammoth job that requires planning, preparation, and time. If you are not experienced, you may end up creating more work for yourself down the road, as well as wasting time and money.
Skip your search of finding the right house painters in your local area and contact Precision Painting. We take care of painting your home’s exterior, using only the finest tools and our knowledgeable team. Serving the communities of Los Angeles, Thousand Oaks, Ventura, and surrounding cities in California, visit us today to get started.