One of the most cost-effective ways of increasing the value of your home is by getting a fresh interior paint job. If you want it done professionally, you can hire a painting company or if you want to save some money, you can do it yourself.
Typically, when homeowners think about getting their home ready for sale, they think about very expensive projects such as getting brand new granite countertops or remodeling their bathroom. Instead of stressing yourself out with projects that require a huge amount of time and money, you should consider the option of getting a fresh interior paint job of your home. This type of project can give you fantastic returns in terms of ROI and is also cheaper and less time consuming than alternative options. For more information about interior painting services, click here.
Guide to choosing the right paint colors
When deciding on what colors you should use when painting the interior of your home, you need to understand the mood and tone each color represents and if it will be a good fit for the room. In this section, we will go over each color and the meaning it conveys.
White: Variations of white is typically a safe choice as it will always be in-style. White represents cleanliness and is calming color. It also makes your room feel more spacious as most lighter colors do. White is versatile and works well in the living room, bathroom, kitchen, and bedrooms.
Blue: Generally speaking, blue is the most popular color and is typically a safe bet if used correctly. It represents the sky on a beautiful day and emits happy vibes. This color is most popularly used in the bedroom.
Green: Green is a color that is closely associated with nature. It represents balance and stability and carries out a calming effect. It is a great color to use in living rooms and bedrooms.
Purple: This is color represents royalty. It adds a level of sophistication and is associated with luxury and wealth.
Red: Red is a very energizing color that keeps you alert. It is great for living rooms and dining rooms as it stimulates conversation.
How to determine if painting your home’s interior is a worthwhile investment
A high-quality paint job typically lasts somewhere between 5-7 years. If it has been 5 or more years since the interior of your home was painted, then there is a good chance your paint is starting to fade or peel. If that is the case, you should strongly consider getting a fresh paint job as you are likely to get a worthwhile ROI from the investment.
You should also consider getting a fresh paint job if the colors in your home are out of style so your home will be more appealing to potential buyers thus increasing the value. Also, it is important to understand how lighter colors can make your home appear more spacious. For example, suppose you have a kitchen that feels a bit cramped and was painted a dark color. If that kitchen were to be repainted with a lighter color, it would appear more spacious and less cramped which could potentially increase the value of your home.
Things to consider if you go the DIY route
If you are confident in your house painting ability, you have an opportunity to save some money. The average cost of all the materials needed to paint the interior of your home is anywhere from $500-$1,500 dollars. If you were to hire a professional, it would cost on average anywhere from $1000-$4,500 dollars. With these numbers in mind, it is easy to see how much you can save. Of course, the amount you save depends a lot on the square feet of all the rooms you plan on painting.
Doing it yourself can be risky. If you end up doing a sloppy job it can create the inverse effect and end up devaluing your home. Also, if you get unwanted paint on a surface or furniture, you might end up spending more money fixing those mistakes than it would have costed to just get a professional to do it right the first time.
If the thought of DIY is too intimidating, you should hire a painting contractor. If you decide to hire a painting contractor, you should make sure they are fully insured so that if they were to damage your home, the money spent to repair that damage will not come out of your pocket. Most painters will also give you a free estimate which will help you decide whether it is worth doing it yourself.
If the paint job is done for the right reasons (increasing the value of your home) and done correctly, you can obtain a great ROI from your investment. DIY comes with risks, but if done correctly, you can increase that ROI even more.