Does a Paint Job Increase Your House’s Value?

There are many home improvement projects that add value to your home. A paint job, for example, may be one of the simplest and quickest ways to earn more profit when you are selling your property. Applying a fresh coat of paint to your old house is always considered the best home improvement project that can potentially increase the value of your home.

Studies have shown that investing in quality paint  job results to an average return of 141%.

How can a paint job improve the value of your home?

Smart and effective use of color on the home exterior often increases the market value of real properties and/or improve occupancy rates of rental units. It makes your home look clean, fresh, and stylish when the buyers and potential renters come for inspection.

Tips to maximize profit from a paint job

Make sure the paint colors you choose complement the colors of the other materials of your home.

• Pick colors outside in natural light on a cloudy day or in open shade. Bright light can distort your perception of the color.
• When repainting walls, neutral palette allows the buyer to focus on home’s attribute.

• Use colors wisely. Lighter colors make a small house look bigger, and dark colors make a large house that is squeezed onto a small lot look smaller.

• Put darker colors toward the bottom of the house to avoid creating an uncomfortable, top-heavy feel.
• Use warm colors as opposed to cool. A warm yellow-white is better than cool blue-white.
• Paint window sashes and overhead surfaces a lighter color to brighten up the interiors.