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3 Ways Exterior Painting can Increase Your Home’s Value

For anyone getting ready to sell their home, one of the biggest questions they ask is “How can I increase the value of my home?”. Like many sellers, you may need to replace a few lightbulbs, and reduce clutter, but as you step outside, pay close attention to your exterior paint. If you want to get top dollar for your home, exterior painting is one of the most cost-effective ways to increase value and get a high return on your investment.

Addressing the Flaws

If you’ve ever gone shopping for a new home, you’ve likely experienced the feeling of finding a home you like, but had a list of things you would need to fix later on, in some cases, this list can be enough to dissuade you from buying the house altogether, or present a lower offer. Even little things can prevent potential buyers from making an offer or reducing the price of the offer. When you address the exterior painting of your home, you’re eliminating a big ticket item from a buyer’s list of doubts and helps motivate them to make a better offer on your home.

Increase Curb Appeal

Curb appeal is something realtors frequently talk about and is an important aspect to potential buyers. You want your home to stand out as much as possible from other listings that buyers may be viewing. Painting the exterior of your home is a cost-effective way to significantly boost your home’s curb appeal and make it far more attractive to potential buyers.

Higher Return on Investment

By comparison to other types of updates you could make to your home, exterior painting is one of the most affordable ways to add value to your home. This simple home improvement costs significantly less than many other projects that can increase home value, but provides one of the best returns.

In the end, you may not know exactly how much value exterior painting adds to the value of your home, but you’re more likely to see more interested buyers which is always good for your bottom line and worth the small investment now to increase your sale value later.

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