THOUGHTS ON REAL ESTATE Sunday, March 20, 2011 It just needs a little paint . . .Categories:Brighouse South,financing,Ladner,Ladner Real Estate,marketing,planning,properties,Real Estate,realtors,Richmond,Richmond Real Estate,selling,Selling your home,Showing your home,Steveston Villlage,Terra Nova,Tsawwassen
It's not uncommon to show or list a home where the paint looks old and tired. Perhaps it's even the original paint in a 40 year old home. In some cases a good scrubbing will help - in some, you will need to give your paint a refresh. For some buyers - fading paint is not a big deal and will often comment that the home "just needs paint" and can see themselves doing the work and creating a fresh palette for their new home. This is especially true when the colour scheme is neutral and the home is a size that is overly large.
That said, it's a very different matter for buyers when they are looking at homes where the decorating ideas and colour palette of the seller are bold, very bright or dark, and where the colour schemes prevent the buyer from envisioning their "stuff" in the home. If all the buyer can see is a sellers paint choices and/or a lot of work to make it work for them, and in many cases a lot of money, then the house is likely to take some time to sell, not to mention some rough negotiations based on colour recovery.
As a seller, you may absolutely love what you have done to the place and your paint choices may fit your decor and furnishings perfectly. However, the buyers coming through your home don't have your furnishings or your sense of style. Worse, if you have missed a few spots here and there with no touch up available, a buyer can't even fix trouble spots. We have all seen the bright blue walls in a bedroom with paint missing around heaters or eggplant coloured walls in a bathroom and paint is missing behind the toilet.
For many buyers, an overwhelming colour palette prevents them from seeing themselves in the home. They can't find the feeling or connection.
If you are serious about selling your home, selling it quickly and for top dollar then you should really consider repainting to a neutral colour palette. It maybe inconvenient, but a buyer is likely to see it as a bother too - especially if time can't be worked into repainting before possession. I find this particularly true for families with young children and folks wanting to downsize. They want the home to be move-in ready. In homes with many rooms with bold colours, it's not just a little paint. It's sanding, priming, lots of paint, lots of time and money. Even toning down a few rooms, especially the main areas, can be a great asset to selling.
If you have questions, ask your realtor or consult with a home staging professional.
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jrankin@sutton.com
604.329.0830
Contact Info
Sutton Group - Seafair Realty
#550 - 9100 Blundell Road
Richmond, BC
V6Y 1K3 CA
Email: jrankin@sutton.com
Phone: 604.329.0830
About Me
Prior to my career as a real estate consultant, I worked in fashion, tourism & hospitality and most recently after receiving my BSW from the University of BC, I spent more than a decade as a social worker working with families.
I have a true passion for working with people and creating relationships. I enjoy working alongside ...
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