When homeowners are ready to sell their house, they tend to concentrate on major improvement such as the kitchen renovation or landscape. Nevertheless, it can be repainted, which is one of the most affordable upgrades. The kind of paint that is applied both on the exterior and the interior of the home can highly affect the perception that the buyers have about the home.
Knowing the influence of paint type on home resale value will enable the seller to make intelligent decisions that enhance the curb appeal, appeal to the buyer and therefore the selling price could be high.
Why Paint Plays a Major Role in Home Value
Paint is among other things that buyers see when they enter a house or look at listing photographs on the Internet. The new coats of paint can be of high quality and improve the property to seem newer, cleaner, and better maintained.
Good paint quality is another element that buyers tend to relate to good home maintenance. When the walls appear damaged, old and chipped, the purchasers might think that there is more work that can be done on the property.
Fresh paint can improve:
- Initial impressions of property showings.
- Visual appeal in online listings in general.
- The confidence of the buyer on the maintenance of the home.
Due to the same reason, most homeowners seek professional painting services before putting their homes on sale.
Types of interior paints which are attractive to buyers
The interior paint is a very crucial component in the appearance of the house in terms of spaciousness and modernity. Quality paint gives the walls a smooth, clean and durable look.
Latex paint is the most widely used in modern homes since it does not take much time to dry and the maintenance is easy. Houses that have been painted using latex paint will be more attractive to the buyers because the surfaces are easier to clean and maintain.
Home owners also select the washable paints in addition to latex paint in the places which are heavily trafficked. Such paints make the walls remain fresh despite frequent cleaning.
The types of paint that are good to use in houses about to resell include:
- Most interior walls are latex paint.
- Hallway and kitchen scrubbable or washable paint.
- Greener interior air quality paint with low VOC.
The use of low-VOC paints has also gained popularity due to the preference by most buyers to have healthy homes with healthy indoor air.
Exterior Paint and Curb Appeal
The exterior is equally important as the interior in terms of resale value of a home. It is the first thing that the potential buyers will see when they visit to see the property.
An old or peeled out exterior may give the impression that a house is old when it is not. Conversely, the exterior paint of good quality produces a powerful first impression and increases the curb appeal.
Several benefits of a good exterior paint are:
- Rain proof, heat proof, weather proof.
- Everything could be faded and broken.
- Durable colour that enhances the appearance of the property.
When the exterior is well painted, it is an indication that the homeowner was able to maintain the property properly.
Selecting the appropriate Paint Finish
Paint finish may as well affect the appearance and operations of a house. There are various sections in the home that have varied finishes in relation to the level of traffic and lighting.
The examples are, matte or flat finishes are suitable in ceiling and rooms with low traffic since they cover small imperfections in the walls. Eggshell and satin finish offer slight lustre and they are simple to wash thus they tend to be preferred in living rooms and corridors.
Semi-gloss finishes are also commonly applied by many homeowners to trim, doors, and cabinets as they are much tougher and wipeable.
The selection of the right finish facilitates production of a smooth, professional look throughout the house.
Colors that make homes sell quicker
The most superior type of paint will not add value to a house in case the colors used are excessive or old. When staging a home to be sold, it is best to use neutral colors.
Consumers tend to be drawn to colors that will enable them to envision their own furniture and other decorations in the room.
Colors that are compatible with resale are:
- Light gray
- Soft beige
- Warm white
- Pale taupe
- Muted blue accents
The neutral colors are used to produce a positive and inviting atmosphere that will attract a diverse group of buyers.
Professional vs DIY Before Selling Painting
Restoring a house by repainting may appear as a basic DIY task, however, professional painters can offer their services with the promise that they will greatly increase the resale price. The professionals are aware of how to prepare the surfaces, and how they can be primed, and what kind of paint to use on what part of the house.
The professional paint job is normally able to provide:
- Even coverage of the walls.
- Smooth edges and regular finishes.
- Long-term and sustainable outcomes.
During the process of getting a house ready to sell, a good paint job can attract the potential buyer to the house among the other houses in the market.
The Payback Period of Painting Before Selling
Painting can be discussed as one of the most inexpensive and expensive home improvements with a great pay back. Repainting is much cheaper than a significant renovation and still provides a significant visual improvement.
Fresh paint can help homes:
- Sell quicker in competitive markets.
- Win over more target customers.
- Look more attractive with listing photos.
Even a mere repaint of walls, trim, and front exterior may create a significant difference between the properties when buyers compare several.
Conclusion
The knowledge on the influence of the type of paint on the resale value of houses can enable the home owners to maintain their homes properly prior to resale. The correct paint enhances visual quality and protects the surfaces as well as giving the buyers a positive perception.
The selection of the types of paint of good quality, neutral color, and proper finish can play a great role in improving the market perception of the home. In either case, the interior or the exterior, it is quite possible to buy the services of a professional painter before a homeowner sells their home.
