Experienced homeowners know that regular maintenance on a home can add years to the lifespan of the structure while also adding value when it comes time to sell. Modernizing electric panels, improving the plumbing, upgrading appliances, and maintaining the landscaping are just a few ways to increase value to a home.
One method of increasing the value and the overall health of a home that may be overlooked by many homeowners is exterior painting. Let’s look at how painting the exterior of your home has many benefits that will pay off now and later on down the road.
Increasing Your Home Value
Any renovation in your home will most definitely increase your home’s overall value, especially when it comes time to sell. Kitchen and bath upgrades tend to be top on the list of home renovations that bring in the best return on investment (ROI).
Exterior painting of a residential home is actually high on the list as well. Take this study in a U.S. News and World Report article. It was found that, depending upon the size and style of home, a major kitchen renovation can yield about a 65% return on investment. That’s great news. But guess what? An exterior paint job, given its cost effectiveness to create a major transformation, can produce a return on investment of up to 140%!
Enhance Curb Appeal
Paint is one of the most transformative projects you can undertake in any home. It can make a worn and tired exterior look fresh and new. Scraping peeling paint, replacing rotting wood, and giving a pop of color can give your home an appealing look which will create a positive first impression for neighbors and passerbyers.
Protecting Your Home
Wood siding, such as the kind found on many New England homes, is extremely susceptible to issues such as mold, mildew, rot, and pests. If the wood siding on a home is exposed to the elements for any length of time, these issues could quickly develop and become large problems that may take quite a bit of time, energy, and money to remediate. By applying a fresh coat of paint and repairing any planks that are experiencing bubbling, peeling, or rotting wood, you will protect your home for years to come.
Keep in mind that many pests such as carpenter bees, carpenter ants, and termites love to find exposed wood to nest in, and tunnel through. The more a homeowner maintains a healthy coat of paint on a home’s exterior, the less chance it will have of attracting these nuisance and damaging pests.
Does your home need some tender loving care this summer season? Let our team know and we will be happy to schedule an appointment for a free estimate.