Should You Repaint Your Home Before Selling in the Raleigh or Wilmington Market?
Are you planning to sell your home in Raleigh or Wilmington? You might already be aware that the market is very competitive. Sellers still have an advantage these days, but your house still needs to make an incredible first impression if you want buyers to make an offer.
Fortunately, a fresh coat of paint can greatly enhance curb appeal and make the drabbiest room look clean and modern. Most importantly, it can make a house look move-in ready.
Keep reading to discover whether repainting your home (inside and out) is worth the effort before selling.
Repainting Can Increase ROI
Interior house painting in Wilmington, NC, can deliver an impressive return on investment. Interior painting in general can boost ROI to 107%. This also means it can increase your home’s resale value by $2,000 - $16,000. By contrast, exterior house painting in Raleigh, NC (or anywhere else in NC), may only boost value by 2-5%.
It is not only the act of painting that increases value; even the choice of colors makes a significant difference. For instance, neutral interior and exterior painting colors tend to attract more potential buyers, boosting your sale price.
Repainting Boosts Curb Appeal
Curb appeal is where the first impression comes in. If a buyer’s first impression of your house is of old, cracked, or faded paint, they may not be inclined to look inside.
Fresh paint instantly improves a home’s curb appeal. Newly-painted surfaces give buyers more confidence in the property’s condition. According to a survey, 99% of agents believe that minor cosmetic updates improve perceived property value. Also, 80% say that painting always has a positive effect.
What’s more, new paint can make your home stand out in a sea of online listings. Clean, neutral-colored walls photograph better and make rooms appear larger. This will draw in more potential buyers, making offers more likely.
New Paint Can Help Stage Your Home
Staging your home is a critical part of making it more appealing to buyers. Neutral paint in a staged home enables a buyer to envision how they can style and personalize the space. If your home is well-lit, staged, and has mostly neutral walls, you may see a 1-5% increase in dollar value. Your realtor will likely recommend using painting as a staging strategy. If you opt for neutrals, the rooms in your home will feel brighter, and the paint can highlight stunning architectural details.
When Repainting Is Not Necessary
Repainting is not always necessary. If your home’s paint is still new and clean, you don’t have to cover it with new paint. The same applies if your realtor alerts you to a strong seller’s market.
Exterior house painting in Raleigh or interior house painting in Wilmington should only be on the cards if your home is already painted in garish colors. Buyers are typically not strongly attracted to dark colors or neon-painted accent walls.
When to Repaint Your Home
Getting neutral colors on the walls is not the only reason to repaint. If you notice the following signs, it may be a good idea to get a repainting project going before you sell.
Peeling or flaking paint. If the paint throughout your home is bubbling or peeling, it means the adhesion is failing. Bubbling and blistering could also point to water intrusion. Paint deterioration gives the appearance of a neglected structure, which will not appeal to buyers.
Fading or chalking paint. When paint pigment breaks down, wall surfaces become washed out or powdery. This means the protective quality of the paint has declined.
In these instances, ensure you have underlying issues, like mold or rot, addressed before repainting.
Other reasons to consider repainting include chips or dents in the walls, as well as stains from cooking or water damage. Bathrooms and kitchens typically require repainting every three to four years, whereas hallways and corridors should be repainted every two to three years.
When to Call a Professional Painting Contractor
Repainting seems like a straightforward project, but you may miss several important details if you decide to go the DIY route. In most cases, it is best to hire an interior and exterior house painting company in Wilmington or Raleigh. Local contractors have the experience and expertise needed to recommend the right paint and complete the job effectively.
Anderson Painting Can Help You Update Your Home
If you are unsure whether your home needs repainting or you just want a professional contractor to take on the project, contact Anderson Painting. Our team understands what local buyers expect, ensuring your repainted home appeals to them.
Get your free estimate today and let your home shine in a crowded seller’s market.
