Whether you’re selling your home or you’re just tired of looking at that dated paint job, investing in new paint colors for your home’s exterior can really affect how your house is viewed. No matter what your situation or your budget, there are options out there for you. You could choose to go the DIY route to save yourself on costs, or you could hire a professional painter. Either route you take, it’s a quick way to really get the neighborhood staring at your house again ー for a good reason.
Here a few reasons why you should do just that:
1. It raises the value of your home.
Painting the exterior of your home is one of the best ways to raise the value of your home. It’s amazing what happens when you do away with an old, weathered exterior and replace it with a vibrant, new coat of paint.
By repainting the exterior of your home with modern colors, you could see an increase of up to 5% in its value. Just make sure you use a reputable painter, and test your new colors beforehand on a sample spot. You don’t want to use the wrong color on a job this big.
2. It’s an economical alternative to a remodel.
A new exterior paint job is not necessarily an inexpensive project, but it can serve as an economical alternative to a complete home remodel or structural overhaul.
Depending on how much work is involved and the labor rates in your area, a new paint job for a 3,000 square-foot home will likely cost around $3,000-$5,000. If you plan to paint your home yourself, you could slash that cost by half or more by cutting out labor expenses. Keep in mind that the supplies alone may cost around $1,000 or more.
No matter what type of paint you use (outdoor paint can range from approximately $25 per gallon for low-end paint to $75 per gallon for ultra-high-end) or how many coats you apply, the cost of a new paint job still pales in comparison to the cost of a remodel. In 2020, the average cost of a home remodel was around $47,000.
Painting tip: A professional painter will be on the job for around five days during a full exterior paint job. They will provide their own brushes, ladders, and equipment. Most pros have access to an industrial sprayer which makes the paint go on quickly and smoothly; a DIY-er may not. Professional painters also get discounted rates on paint at their local paint stores, whereas a regular homeowner won’t get the same rate. Weigh your options when deciding on whether or not to hire a pro to paint your home.
3. Your home will be trendy again.
Whether your old paint colors were in style when your house was first painted, repainting your home gives you the chance to be at the forefront of the latest color trends and boost your curb appeal tremendously. Even an older home with a modern paint scheme can make a huge difference.
Colors that are currently in style now sit in between gray and beige, or what experts call greige. The color is neutral, and allows a wide variety of accent colors, including darker or lighter greige accents. Off white or pearl colors with gray accents are also popular.
Perfect Greige by Sherwin Williams
Off White Example:
White Dove by Benjamin Moore
4. Even touch-ups can be beneficial.
If you don’t feel like undertaking a full paint job or don’t have the resources to fund it, you can still increase your home’s value touching up your exterior touch-up here and there.
Whether it's a new trim or shutter color, or getting rid of chipping, worn out, moldy patches of paint, a touch-up and brightening will still increase your home’s value and curb appeal.
5. A new door color makes a big difference.
Perhaps the cheapest and easiest way to set your house apart is by painting the front door. Something as small as the front door can set you apart from the neighbors, and get your home noticed on the market.
Real estate experts say that painting the a home’s front door a strong color can increase its value up to $3,000. A recent study from Zillow, an online home listing website, stated that black and charcoal doors increased a home’s value the most. Avoid dark colors like brown, and white for your front door. Colors that will stand out on your home include blue, bright yellow, red, turquoise, and green.