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Four Reasons to Paint before you Sell

With the current trends in the housing market, many people are looking to sell their current properties to move to larger homes while maximizing their sale price. There are many steps to consider when selling your home, for example, it’s crucial to address any long-standing issues such as your roof or electrical, but equal priority should be given to your home’s cosmetic appearance.

One of the easiest and most cost-effective ways to make your home more desirable to potential buyers is a fresh coat of paint inside and out. Here’ are four reasons why you should consider painting before you sell.

Positive First Impressions

While there are quire a few factors are play when it comes to buyers choosing a new home, many buyers will actually decide within the first few seconds. That brief bit of time is enough for someone to choose whether they want to invest any more serious consideration in a property.

On the flip side, if a home makes a positive impression in that initial first encounter, the buyer will often overlook certain other flaws. While a home is a large investment, emotional response plays a surprisingly key role in convincing people to commit.

Higher Asking Price

While specifics like location are significant, a home’s appearance and overall attractiveness often result in a greater selling price. This is particularly true if you choose highly preferred colours.

Recent studies have shown that light grey is a highly preferred colour for many different parts of a home. Choosing a shade of light grey has helped to increase the sale price of a home. This applies not only to living areas and bedrooms, but also to the home’s exterior.

A new paint job is especially advisable if your current colours closely resemble your own unique personalities. Applying a fresh coat of paint in something more neutral can allow prospective buyers to imagine living there. This is also true if the colours currently in your home are no longer current.

If buyers are considering several different homes, new paint if often a factor that helps to seal the deal. It is one less thing that needs to be done before moving that that you can use to your advantage in negotiations.

Fresh Paint Promotes Buyer Confidence

Providing a fresh coat of paint in your home is a strong suggestion to the buyer that the home was cared about by the current owners. While you still have to go through the usual basic repairs and replacements, an attractive interior paint job helps seal the deal.

The exterior of your home is equally as important. Curb appeal. can be a key factor not only in getting people to come and look at your home, but also providing the added incentive to buy.

Fresh Paint makes Listing More Attractive

First impressions also come into play with the listings created by your real estate agent. A fresh paint job means your property listing will have more attractive photos and videos which results in higher numbers of visitors, and higher interest in your home. A fresh paint job is a important investment for any seller that can bring a very large return on your initial investment.

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