In today’s volatile housing market and house prices dropping like a hot potato since the housing bubble and sub-prime fiasco, home owners risk losing even more. Purchasing a home was once considered a safe, guaranteed way to increase equity. This plan is now a thing of the past. Painting far outweighs deeper home improvement costs, keeping your San Diego home at the fair market value, especially in today’s economy.
Homeowners improving their homes are protecting and extending the life of their building materials for lasting enjoyment. Investing in paint improvements is a wise choice. Painting also provides a medium, adding protection from the weather’s elements, rain, extreme cold, and intense sun. Painting the exterior of your Orange County home not only refreshes the color, but provides elasticity to the paint coating, thereby giving the utmost protection, which adds value to every home’s exterior. Keeping your home value up to its highest curb appeal is indeed, the smartest move you can make.
You never know if you will be putting your home on the market, due to transfer, change in family size or retiring next few years. Being prepared and always keeping your home in the best possible shape is one way to stay in control and ahead of the game. Proactive homeowners have the ability to choose a professional painting contractor, select an up to date color and make cosmetic improvements.
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Whether you plan on keeping your home for any length or fixing it up to put on the market, the smartest move a homeowner can make is reinvesting in painting. Painting is the most economical ways of updating a home for a fresh new look, retaining the value, or in many cases increasing the value.
In some instances, a home’s value can increase 15%, with only spending 10% of the 15%, making every dollar stretch, increasing a homes’ market value.
Example:
$400,000 home X 15% = $600,000 (new Market Value)
$200, 00 X 10% = $20,000 (investment amount)
Summary ~ An Investment of $20,000 can bring a $200,000 Market Value Increase
If you don’t have the time or think you can do a good enough job, consider hiring a professional painting company for either the exterior painting or interior painting of your home, or both. Painting the inside and outside of your home is definitely a worthwhile consideration and an investment of time and money if you want to increase its real estate appreciation and attract more potential buyers who are willing to pay the price you feel your home is actually worth.
Jamie Waller
Maverick Painting
San Diego & Orange County
1(855) PAINT-YOU
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