Does Fresh Paint Increase Home Value?

Selling your home can be a lot of work with a fair amount of stress. For some, it can mean making some big home improvements to increase the value of your property. While it’s very important for the interior to have a fresh coat of paint, it’s just as important that the exterior gets the same treatment. A freshly painted exterior can and will increase the value of your home when selling, but only if it’s done right.

First impressions are crucial when selling your home. To potential buyers, fresh paint shows them that the house is well managed and taken care of. A house with cracking or faded paint shows buyers that there’s been a lack of care, which can greatly affect improvements they would have to make after moving in. It can also give the impression that the interior is going to look just as neglected, which can make the buyer pickier when touring the house.

So now that we’ve covered why a fresh coat of paint makes all the difference, you may be asking yourself what color you should select. Choosing the paint color can be a pretty big decision because it’s so much space to cover and such a huge investment. This is an investment that will last for years to come, making this decision a very stressful one. Not to worry, we’re here to help!

Neutral colors are the most popular for home exteriors, and it’s because bright neutrals make the house look bigger and more open. Whereas darker shades make things look smaller and more compact. Because of this fact, realtors tend to believe that a lighter exterior can increase home value.