Why a Fresh Coat of Paint Could Mean More Money and a Quicker Home Sale

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Nobody wants have the “sad property” or the “buzzkill” on the block. Giving your home a paint job before selling it could lead to a quicker sale and more money in your pocket.

Sept. 9, 2022Sellers getting ready to list their homes for sale have been met with a lot of unwelcome news lately.the pandemic-era buying frenzy is showing signs of cooling.says John Diaz, a Douglas Elliman agent in Las Vegas. Sellers need to do more these days. But where to start?“Painting nearly always pays not only with a higher sale price but also a faster sale,”“gives the illusion of newness,”“A property with sad paint is a buzzkill,”50%47% planning to fully repaint their home’s interior.

The right color is key. Sellers will be hard-pressed to find an agent that recommends anything but white or gray.The proof is in the paint: The best-selling interior color for Sherwin-Williams is Agreeable Gray, followed by Pure White and Alabaster, a white with yellow undertones.If the exterior paint is discolored, peeling or dirty, it can affect curb appeal. Most homes should be repainted every five to 10 years, depending on the surface material and paint used. Unlike interior walls, going dark on the exterior can be a selling point.

, here’s what you’ll likely spend on supplies, according to HomeAdvisor, an online marketplace for home services:

 

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Or be wasted on a new owner that wants to repaint it anyway.

hey wsj thanks for this really insightful post - such a game changer to think that repainting an ugly house will help it sell more easily 🤯

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