We are thinking of painting our house before selling. Is there significant ROI when updating exterior paint?

Asked by Daron, Dallas, TX Sun Jun 29, 2014

It could use a refresh on the outside, but we are hesitant to put in the $1600 (what we were quoted) if it won't come back to us when we sell. I'd appreciate any feedback!

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22
Amy Arey, Agent, Allen, TX
Fri Jun 5, 2015
Yes! Curb-appeal, curb-appeal! Even if your home is well-taken care of, by chipped paint, and not so well-taken care of exterior, it could give potential buyers the illusion that the interior / structure is not well taken care of and scare people away.

Let me know if you'd like a handy check-off list for pre-listing prior to putting your home on the market. I'm here for any questions that you may have.

-Amy S. Arey, Realtor, CNE
Halo Group Realty, LLC
214.901.1341-Cell
http://www.Aarey.HaloAgent.com
AmyAreyRealtor@gmail.com
2 votes
please send mehandy check-off list for pre-listing prior to putting your home on the market. email at ensurepaintingplus@gmail.com
thank you respectfully requested. Derek
Flag Sat Dec 12, 2015
LystHouse, Agent, Dallas, TX
Tue May 9, 2017
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0 votes
Tomlandrypai…, Home Buyer, Dallas, TX
Wed Jul 6, 2016
Its always a great idea to increase the value of your home by having it painted. Go to http://tomlandrypainting.com nd get your free estimate!
0 votes
Vincent Vall…, Home Buyer, Palm Coast, FL
Thu May 26, 2016
If you’re planning on painting the interior of your home before selling, consider adding the ionic paint additive to the paint, turns the walls into a permanent air purification system. The ionic additive will keep your home free of pet, smoking odors and toxins one treatment will remain effective as long as the paint on the wall surface is intact. http://ionicpaint.com
0 votes
Ablakeney1789, Home Buyer, Fort Collins, CO
Mon Jun 8, 2015
I would suggest consulting your realtor before putting in the money to paint your home. If it significantly adds to your curb appeal, then it make add more than $1600 to the value of your home, in which case painting would be worth it. However, if it does little for listing, then I would avoid doing any more work than you have to. http://www.decoratorsserviceco.com/commercial.php
0 votes
garypuntman, , Los Angeles, CA
Thu Jun 4, 2015
I think that would be a good idea. Painting your home could help make it more appealing. Buyers will like to see that your house has been freshly painted. It could possibly add a bit of value as well. http://www.braendelpainting.com
0 votes
Christopher…, Agent, Tarrytown, NY
Sat Dec 13, 2014
It simply helps the overall presentation and curb appeal of the home. Some buyers make judgements based on what they see from the exterior.
0 votes
Agreed-- so it might not be as helpful as you think. I'd recommend interior painting first, unless the outside of your house is particularly grungy. Interior painting gives you a chance to remove potentially off-putting colors and enlarge the room space (if you use a light shade). | http://www.wallnerpainting.com.au
Flag Sat Dec 20, 2014
bengibson4113, Both Buyer And Seller, Salt Lake City, UT
Fri Dec 12, 2014
Daron, that's an excellent question & point about return of investment for painting your exterior. I think getting a few bids was a good idea, I'd just make sure they're from someone licensed, reputable, and insured. I'd also consider the current state of your exterior paint. If it's not that bad, you might be fine, but if the old paint is already chipping off, it could give the impression of a house that's deteriorating. I notice that you're from the Dallas area, I'm sure there are plenty of exterior house painters you could call. Good luck on selling your house! http://www.sheldonandsons.com
0 votes
Caleb Hart, Renter, Orem, UT
Fri Dec 12, 2014
I think it would be a good idea to paint your house before you sell it. It would up the value and be attractive to a buyer. You could not paint the house and give the buyer a $1600 dollar credit if you want. That way you don't have to do the painting, but it will still look good to the buyer. http://www.shpaintingpa.com
0 votes
I'm sure there would be! I would make sure you call in professional painters though. This way, you make sure that a quality job is done on it. Good luck and I hope everything works out for you! http://ccspainting.com
Flag Tue Jan 13, 2015
I agree that painting your house before selling it is a great idea. You can find a good exterior painting service that should be able to get the job done in no time. I would recommend getting a few quotes from different companies to make sure that you get a good deal.
http://www.christopherpaintingkc.net/services.html
Flag Thu Jan 8, 2015
Eugene Dean, Home Buyer, Provo, UT
Fri Dec 5, 2014
I don't know how much you will recover, but I think painting your home is a good idea. It is a relatively inexpensive repair that goes a long way. A new coat of exterior paint will almost certainly help the home sell faster. I would not suggest any overly bold colors. If a buyer does not like it, they will see the paint as something they will have to replace.

http://aaaactionpainting.com/residential/
0 votes
I think it depends on the rest of your home. I would have a real estate agent come in and look at your home before hand to tell you if they think it will help. If they do, I would highly suggest painting the inside of your home. Good luck and I hope everything works out for you. http://www.intownpainting.net/aboutus.html
Flag Fri Dec 5, 2014
Ereka Jones, Agent, Richardson, TX
Tue Dec 2, 2014
Hi There!

A fresh coat of paint goes a long way with Buyers! It's one of the first things they notice when viewing a home along with flooring!

Paint and flooring are 2 areas that Buyer highly evaluate when home shopping!

Good Luck!
0 votes
Amber Johnson, , Brookhaven, Raleigh, NC
Mon Nov 3, 2014
I think that a fresh coat of paint is a great idea before selling! Modern and stylish paint and colors can really add value to a home. If you aren't sure what color it is always safe to stick with a natural color. Best of luck! http://www.whitehallpaintinganddecorating.com/interior.html
0 votes
Josh Barnett, Agent, Chandler, OK
Mon Nov 3, 2014
Yes there is, as it will help the home sell faster, as a buyer expects the home to be sound when it comes to maintenance items, i.e. painting.
0 votes
John Vrsansky…, Agent, Rocky River, OH
Fri Oct 31, 2014
Painting with a attractive (and perhaps popular) color selection is a very wise improvement. A buyer's initial exterior view is very important and smart seller's will address the details. Remember...Internet and MLS pictures speak volumes. Best wishes.
0 votes
Julia Carlson, Home Buyer, Florin Fruitridge Industrial Park, Sacramento, CA
Fri Oct 31, 2014
I don't think color alone would help your home sell, but if you fixed up the problems of your house while you painted it would! I would also choose a classic color. If I was looking for a home to buy, I wouldn't want one that was painted with a trendy color that will just be out of style in a few years. http://www.designwestpainting.com/services
0 votes
Myersjulie31, Home Buyer, Blakeslee, PA
Thu Oct 30, 2014
I definitely think that if you repaint it that it will increase interest in your home. If buyers get a great first impression from the home, they will probably be more willing to consider it. If it looks a little worn on the outside, they will most likely be hesitant about the rest of the house. I think that you should definitely look at different colors and see what would be most appealing to buyers! http://www.forsspainting.com/portfolio/
0 votes
Michael Brow…, Agent, Allen, TX
Wed Jul 9, 2014
Good decision to paint, many buyers want a move-in ready home and although they can paint it themselves after buying the home, they don't want the hassle; it will improve your ROI and attract more buyers. Here is a great guide:

http://www.behr.com/consumer/inspiration/interior/design-adv…
0 votes
Yanoska Diaz, Agent, Miami, FL
Sat Jul 5, 2014
I strongly agree it will be the right decision. However, please make sure the company you hire does a nice job and that you use the "in" colors for the location.
0 votes
Annette Law…, Agent, Palm Harbor, FL
Sat Jul 5, 2014
PAINT provides the very BEST ROI of all things you can do to your home.
This MUST be accompanied with all the other 'curb appeal' components.
Raise the beds, crop the shrubbery, make certain grass is growing where grass is supposed to be growing, remove and saplings from the gutters and make sure the gutters are straight and connected to a down spout.

Dead trees? Dead flowers? Dead ANYTHING must be gone!

No, those tangled, crimped hoses must be artfully nested or removed to the garage.

Missing just one will make the paint job irrelevant.

Buyers have come to understand, "What is looks like from the street is what it will look like on the inside."

An investor will paint the ext for about $1 a square foot. A citizen can have it painted for $1.45 to $1.75 a SF. You can paint yourself for less that $1 SF.
Both the investor and citizen will subtract $10,000 from their offer simply for the inconvenience.
0 votes
I didn't think about checking out the gutters, but that's important for curb appeal as well. Anything that might make a buyer think twice should be repaired before you start selling your house. And if your gutters are old or inefficient, replacing them completely isn't a bad idea. http://www.kfcroofing.com.au
Flag Mon Jun 8, 2015
Jennifer Fiv…, Agent, Red Hook, NY
Sat Jul 5, 2014
Painting the home will certainly get you an offer sooner, your home will stand out from ones with cracked peeling paint. With a nice paint job and other upgrades you would probably get a higher offer. Painting increase the curb appeal and is a good invest in getting the home sold. Without doing this buyers will factor in having to paint the house when making the offer which would result in a lower offer.
0 votes
Don Tepper, Agent, Burke, VA
Sun Jun 29, 2014
No, but . . .

Buyers expect a nicely painted house. Just like they expect a driveway without a lot of cracks. Or they expect windows not to be broken. Or if your house has a stove, they expect it to work.

They're not going to pay more for a new paint job, or a recently recoated driveway, or for windows without holes in them, or for a stove that functions. It's part of what they expect.

However, they may pay less if a house doesn't have some of those things. More significantly, some people may decide not to put an offer in on a property with a cracked driveway, holes in windows, and a broken stove.

Returning to your question: As measured by ROI, repainting your house won't produce much (if any) return on investment. But what it will do is improve your curb appeal and perhaps get more people to consider making an offer.

So, if your house needs it, get it repainted. But the value is not in ROI.

Hope that helps.
0 votes
allan erps,A…, Agent, Pearl River, NY
Sun Jun 29, 2014
As long it is neutral color it can make a difference. In addition if the home was built before 1978 there can be no paint flaking or chips on the existing siding as well as the door frames, Not sure about the recouping of complete $1600 but curb appeal wise it surely will help. Allan
0 votes
Curb appeal is something that should be heavily considered. Having that fresh coat of paint is a way to draw in potential buyers. They might want to change the color, but at least for the first bit they would not need to worry about the paint job after just moving in.
http://www.glendeningpainting.com.au
Flag Mon Nov 17, 2014
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