How Painting Increases Your Property Value

10 June 2022
Posted in Styling
10 June 2022 Portia MIller

How Painting Increases Your Property Value

painting blue paint man painting house

How Painting Increases the Value of Your Home 

There is no doubt that a fresh coat of paint can work wonders for the appearance of your home. Not only does it make it look brighter, but it can also increase the property value if you’re deciding to sell. Let’s take a look at how painting influences the value of your home. We will also discuss some popular paint colours that can help boost your property’s worth!

How Does Painting Affect the Property Value of Your Home? 

  • Makes Your House More Appealing 

It is no secret that first impressions are important. Your home is no exception. When potential buyers come to see your property, they are looking for any reason to reduce the price or walk away entirely. One way to combat this is by making sure your property looks its best, and one of the simplest ways to do that is with a fresh coat of paint.

Not only will a new coat of paint cover up any unsightly scratches or stains, but it can also make your property look brighter and more welcoming. This can be a major selling point for potential buyers, as they will see your home as being well cared for and worth their investment.

  • Your House Is Well Maintained

A well painted home is a good sign to potential buyers,  it sends a message to potential homebuyers that you take good care of your property. This is important because people want to purchase a home from someone who has maintained it well. A property in excellent condition will stand out to buyers and could help you get top dollar for it.

A fresh coat of paint also means protecting the home from weather damage. Regular painting of the exterior prevents wood rot, chipping and other forms of wear and tear. This will make potential buyers see that you have taken measures to protect your investment, and they will be more likely to make an offer.

  • The Right Colours Make Your House Look More Spacious and Open 

The right paint colours can make your property look more spacious and open, which is ideal if you are trying to sell. Neutral colours are always a good choice because they have mass appeal, but you can also go for light and bright colours to create an airy feel.

If you want to add some personality to your home, opt for bolder shades in accent walls or key areas. Just be sure not to overdo it—too much colour can be overwhelming and turn potential buyers off.

Which Paint Colours Should You Choose to Add Property Value? 

When it comes to home improvements that add property value, painting is one of the most cost-effective ways to go about it. For example, light colours can help make a space look larger and brighter, whilst dark colours can give a room a cosier feel. However, with so many colours and shades to choose from, it can be tough to know where to start.

If you are looking to give your home a property value boost with a fresh coat of paint, here are a few colours that are sure to turn heads (in a good way).

  • Light Blue

A light blue hue is often associated with trustworthiness, which is why it is commonly used in corporate settings. It can also help add property value to your home. In today’s real estate market, potential home buyers are searching for homes where they can see themselves living in the long-term. Therefore, a house that looks like it will stand the test of time is always going to be more appealing.

  • Neutral Shades 

When it comes to property value, neutral shades are always a safe bet. Potential home buyers want to be able to see themselves living in that space, and sometimes very bold or unique colours can make that difficult. Choosing a neutral shade gives them a blank canvas they can work with. For example, white and beige are excellent choices when it comes to home colours. These shades are classic and timeless, and they tend to appeal to a wide range of buyers.

  • Light Green 

If you are looking for a colour that will add a touch of elegance and sophistication to your home, light green is often a good choice. It is also known to help boost property value, as it is seen as a calming and relaxing hue. In a fast-paced world, more and more people are looking for a sanctuary they can retreat to at the end of a long day. A light green colour scheme can certainly help inspire that feeling.

If you are thinking of painting your home to add property value, these colours are a great place to start. Nevertheless, remember, it is always important to consult with a professional before making any major changes to your home. They can help you choose the right colours and shades that will fit with your specific property type and location to ultimately boost your property value.

Painting is definitely worth considering when looking to add some extra value to your property before putting it on the market. With a little bit of planning, some careful colour selection and funding, you can give your home a fresh new look that will help it stand out from the competition.

Sell Your Home with SaleFunder 

Need additional funds to renovate or upgrade your property? SaleFunder can help you! 

Get as much as $60,000 to maximise your sale price with no upfront costs. You can use this to prepare your home for sale, from home styling, repainting and upgrading your kitchen to advertising and more. No fees upfront and repay at settlement.

For more details, call us on 1300 001 371 or fill out the form below.

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