Painting Your House: Is It Worth Doing Before Selling?
Posted by Garman Group on
Are you getting ready to sell your home, but your exterior is looking less than fresh? You may be considering painting it before putting your house on the market — but is it worth it? We’ll help you decide.
Consider How Bad Is It
If your paint is simply showing a few signs of wear or some slight chipping in certain areas, you may be alright to let it go. However, if your paint is noticeably peeling or chipping in several areas, it may lead to potential buyers thinking you’ve neglected other parts of your house, too. Adding a new coat of paint before selling may be in your best interest for selling fast and for your asking price — or possibly higher.
Find Out When Your House Was Built
If your home was built before the late 1970s, it may contain dangerous lead paint — especially if there haven’t been many improvements done after that time. If you have any peeling paint, potential buyers could be concerned about lead exposure and shy away from the sale. It may be worth consulting a professional to determine if you have lead paint or if your home structure is damaged by age in any way. In that case, you should fix these issues and paint your house before selling.
The Colour Is Boring
If the colour of your home doesn’t make it stand out from the others, you may just need a pop of colour. A bright, bold coloured door or other accent features could bring your home back to life without needing to spend the time or money to paint the whole thing. However, if your home is an extremely dated colour or clashes with others in your neighbourhood, it may be worth getting it freshly painted in a more modern, desirable colour. After all, curb appeal matters!
How Much Will It Cost?
One major factor is how much it will cost you to repaint your house. After all, in this market, houses are selling fast, and it’s not uncommon for buyers to purchase a home they haven’t even seen! Get some estimates to find out how much a paint job on your house will cost and consult with a knowledgeable real estate agent or REALTOR® (like us at Garman Group) who will let you know if you’ll be able to recoup more than your painting cost when you sell. Depending on the market, neighbourhood, and other factors, sometimes it's worth the time, money, and effort.