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     Planning To Sell Your Home?

             Painting Pays Off!
Time and time again, repainting proves to be the most basic, and the most bankable, of fix-ups. There's almost nothing a coat of paint won't fix, at least if you plan to sell within a year or two. "People don't like buying other people's problems," says Rhode Island broker William Eccleston, "and a coat of paint can cover a lot of problems." According to the National Association of Realtors, professionally painting the exterior of a house costs an average of $3,250 and recoups 81% of its cost. "A clean, neat, orderly fresh coat of paint, that's what sells,"
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The AIC's (Appraisal Institute of Canada) study highlighted the top ten renovations and the average rate of return:

  • Interior painting and décor - 73%
  • Kitchen renovation - 72%
  • Bathroom renovation - 68%
  • Exterior paint - 65%
  • Flooring upgrades - 62%
  • Window/door replacement - 57%
  • Main floor family room addition - 51%
  • Fireplace addition - 50%
  • Basement renovation - 49%
  • Furnace/heating system replacement - 48%
If you're planning to sell your home in a year or two, a fresh coat of paint could make the sale significantly easier. Professionally painting the exterior of a two-story wood-sided house costs an average of $8,336 and recoups 74% of its cost, according to Remodeling magazine. A clean, neat, orderly, fresh coat of paint, helps to sell a house.
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