Does painting your house increase value
When it comes to home resale value there are several things one can do to increase its value. House painting is one of them. In addition to increasing value, painting makes your house sell faster which means you will save on your mortgage, taxes and utilities.
HGTV’s 30 Tips for Increasing Your Home’s Value lists painting your house number 3.
Start by painting the exterior
It takes about 3 seconds for someone to form an impression of a house. Not necessarily a decision but that will make them evaluate it further. In order to catch that first impression you need your house to look in top shape as people pull in the driveway. You might also want to consider some landscaping if needed.
Then some interior painting
Over time the bright white ceilings turn into a tired grayish look, the trim starts to yellow especially if its painted with oil base paint. Bringing potential buyers in a tired looking home will get you fewer offers and lower numbers. Freshly painted white ceilings and trim, and neutral colored walls will make your home more appealing to buyers and increase value.