Should I Paint My House Before Selling

Should I Paint My House Before Selling

Painting is a relatively low-impact project, but it requires time and money. In the seller's markets of 2020-2022 homes were sold "as is" and without any visual inspection.

In 2022, mortgage rates increased and helped to rebalance a market. HomeLight surveyed top real estate agents to see what they said about sellers preparing their home for sale. They suggested that sellers consider simple renovations and upgrades. So don’t make the common seller mistake of not spending some time to make your home look as beautiful as it can.

Get a Home Value Estimate Before You Repaint

The condition of the paint is important when deciding whether or not to repaint a house. It could also mean that buyers are less likely to buy a house in need of some repairs. Repainting your home to give it a competitive edge on the market is a smart move if you notice that paint has started to flake or fade.

Painting your exterior and the key rooms of your home a neutral color can attract buyers and increase your sale price and help with selling your home. There are some factors that may influence your decision. For example, the type of market in which you sell and the condition of your paint. Let's explore.

Exterior paint

It is important to have a curb appeal that sets the tone of buyer expectations about your home. A fresh coat of paint can make a big difference in the first impressions that buyers have.

Value of resale and ROI

Painting the exterior of your home can be expensive, especially if you hire a professional. You'll want to get the most out of your sale proceeds. It's good to know that, on average, painting an exterior home increases its value by $7571. This investment returns 152%.

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Cost of hiring a professional to paint the outside of a home

So let’s dive in and figure out on average how much does it cost to paint a house.  The cost of hiring a professional painter to paint the outside of a home ranges between $3,700 and $ 9,750. According to Fixr, the cost to paint a wood-sided 1,500 square foot house is $5,360. This includes trim, preparation work, and painting. A smaller home of 1,100 square feet can cost as low as $2,550. A 3-story house measuring between 2,500 and 3,500 square feet with a lot of trim and detail can cost around $12,700. You can expect to pay anywhere between $1.50 and $4.00 per square feet.

Paint the exterior of your home for less

Paint is the main cost for DIY projects. Paint per gallon can cost between $20 and $70. Calculate the number of gallons needed by measuring your exterior walls in square feet. (Length x width = Square footage). Do not forget to include the trim, eaves and dormers.

You should also consider the cost of paint materials, such as rollers, brushes, sprayers and tape. Also, don't forget to include any painting preparation supplies, like a power wash, caulking tools and supplies, or sandpaper.

You need to paint your exterior according to these signs

You might only need to power wash your home if you have recently painted the exterior. Here are a few signs that your exterior walls may need to be repainted.

  • Paint fades from prolonged exposure to sunlight and other elements. Give it a freshening if the paint looks dull or faded.
  • Paint flaking or peeling can instantly ruin curb appeal and give the impression that the house has not been well maintained. Your home could contain lead-based paint if it was built prior to 1978. It will need to have the paint removed to satisfy your lender.
  • You have cracks and gaps in your house: Wood rot and cracked wood are signs that you need to replace damaged materials and paint.
  • You have water damage, mildew, and mold in your home. Moderate mold and mildew signs can be removed using a special cleaner. If mold or water damage has penetrated the exterior wall surface, you will need to repaint it.
  • The paint color clashes: According to the National Association of Realtors, choosing a color that is radically different from other homes can have a negative effect on a buyer’s perception. This could affect the sale.
  • Pros share their exterior painting advice

newly painted house

Consider the following expert tips when repainting your house to sell. They will help you save money, improve the aesthetics and make repairs.

  • Choose the same color. You'll have to buy more paint if you choose a shade that is too different. This is according to Paige NeJame of CertaPro Painters near Boston. If your wall color is not neutral, you can paint it with one of the neutral exterior or interior paint colors that are popular and will appeal to buyers.
  • Repairs must be made before painting. NeJame suggests replacing rotted trim and clapboards, and fixing loose siding or shingles before painting. She warns: "Never, ever paint over rotted wooden surfaces. Your home inspector will find this and penalize you," she says.
  • Add some color to your door. A splash of color on your front door can help you to make your house stand out. It adds visual appeal to your entrance, which buyers will likely appreciate. This is a great option if you do not have the budget or time to paint your entire home.

You won't have to spend thousands of dollars, nor will it take too long. It's a good idea to paint a blue wall gray. This will make an impact on the buyer because they won't see future projects.

Interior paint

A fresh coat of paint on the interior walls can refresh your home and make it look new and attractive. This is especially useful for open houses and showings. The best neutral wall color can give your home a more cohesive appearance and make it appear larger.

Value of resale and ROI

The average increase in home value is 5%. This translates to a 107% ROI. This means that a house worth $400,000 will increase by $20,000.

It won't take too long and will not add thousands of dollars to the cost of selling your home. Painting the blue wall gray has a huge impact, because buyers don't see future projects.

Interior painting costs

The cost of hiring a professional painter to paint a home room can vary from $120 to $3,000 depending on the size. A 300-square-foot living room costs around $1,200. If you decide to paint the entire home, it will cost anywhere between $7500 and $16,000. The labor costs range between $2.00 to $6.00 per square feet.

Costs for interior painting are determined by several factors.

  • Each room is different in size
  • How many rooms do you need to paint?
  • How many coats (one gallon) of primer and paint is needed?
  • The paint's quality and shine
  • The total area of a home
  • Architectural details such as wainscoting or millwork
  • Painting cathedral ceilings or other additional work
  • Rates for contractors in your area

Paint costs between $1 and $3 a square foot. You should be a neat and tidy painter if you decide to go this route.

painting the interior

You need to paint your interior according to these signs

It's time to paint your walls if they haven't been touched in five or seven years. Over time, walls absorb moisture, grease stains and sunlight filtering in through windows. They also show fingerprints, paw prints, dirt and other marks left by people and pets.

These are signs that it's time for a new paint job.

  • Paint can fade and become discolored when the sun shines through windows. All colors fade, even darker shades.
  • Mike Katona had difficulty selling his house because the color palette didn't appeal to buyers. The pink, mint green, and purple painted walls were too much for buyers. He repainted all the rooms white after receiving feedback from the agent. The house sold the next time it was shown.
  • Peeling or chipping paint on your interior walls: While you can remove dirt and stains with a thorough cleaning, peeling or chipping paint requires sanding. It's also time to repaint if you have deep scratches and scuffs.

Professional interior painting tips

Take a tip from the professionals when repainting before you sell your home.

  • NeJame recommends painting the whole wall. NeJame suggests painting the entire wall. "Spot-painting rarely works because the paint is slightly faded in comparison to the paint that you stored in your basement."
  • Paint of good quality is recommended. Brad Taflinger is an Indiana realtor who says that paint is not the place to cut corners. If you pay $18 for a quart of paint, it may take two or three coats to cover the wall.
  • Paint your walls a neutral color. According to the Top Agent Insights Q1 2020 Report, 98% of agents believe that buyers gravitate towards neutral color schemes. Paint the walls a neutral color like white, beige or gray to make the house look spacious and inviting. This will also provide buyers with a blank canvas. Katona says that people need a blank canvas to imagine a home as theirs.
  • Flat paint is the best choice for walls with imperfections. NeJame explains that flat paint can be used to cover up imperfections on walls, such as dents, cracks or dings. The shine of an eggshell or satin paint will "highlight" flaws on walls and woodwork.

Conclusion

Is it worth repainting your home before you sell it? You should repaint your house if you have time and money to spare and if it is in need of repair. It is easy to paint your home before selling.

"I don’t think it's necessary in all cases, especially for homes that are in good condition or have a high price tag. Alpern says that a cosmetic makeover can have a big impact on homes in lower price ranges that require a good deal of work.

Having a new coat of paint on your home before listing it will help your home stand out a bit from other homes in your area listed for sale. Understanding the market, the condition of your home and how it compares to other homes on the market will help you figure out how to price your home to sell.

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