Increasing Equity With Exterior Painting?

Your home is probably the biggest single investment you’ll ever make in your life. When most people buy their first house, they’ve never dealt in purchases in the hundreds-of-thousands of dollars. But this is exactly what homeownership calls for. As new homeowners start to pay off their mortgage loans, they build equity – the percentage of their home that they own free and clear, counted as personal wealth.

Homeowners are eager to increase their equity stake by increasing the value of the home. They do so by making renovations and improvements to the structure. While the equity conversation often centers around home improvement projects in the bathroom and kitchen, an exterior paint job is actually one of the best ways to increase a homeowner’s equity.

How Exterior Painting Builds Equity

While the work of skilled painting contractors can increase a home’s value at any time, it does the most good when the home is on the market. If you hope to sell your home in the near future, one of the best ways you can increase the selling price is to improve your home’s curb appeal. Nothing does this better than a fresh paint job from All American Painting Plus. This is accomplished in a few different ways.

• • First Impression. We all know that you never get a second chance at a first impression. This is especially true when dealing with prospective home buyers. If a potential buyer doesn’t like the look of your house when she sees it for the first time, she is almost sure not to buy it. A fresh coat of paint in an attractive color will make your home very appealing at first sight.
  • The Value of the Work. Paint does more than look pretty; it also protects the wood or other surface that it covers. People in search of a new home know this, and they will jump at the opportunity to buy a home that has recently undergone this bit of preventative maintenance.

• Lead Creation. The more interest you have in your house, the higher the selling price. A house that has a new coat of paint is more marketable, and will therefore attract a wider range of potential buyers. In many cases, this increased buyer competition will increase your sale price beyond the cost of the exterior paint work!

Contact All American Painting Plus to Learn More

All American Painting Plus wants you to be thrilled with your home’s exterior paint. If you know that your house could needs new paint, but don’t know where to start, we are more than happy to help you with these decisions. We have many years of experience picking paint colors for maximum curb appeal. We can also suggest additional ways to build equity without spending copious amounts of money. We’ve done this for homeowners all around Loudon, Fairfax, and Arlington Counties in Virginia. Give us a call or email any time to start planning the transformation of your home’s exterior paint!