Should I should, or should I shouldn't? 6 posts by 5 users

Posted: 09/03/2008 at 03:08PM

The rental walkthrough has been done. I was there with the property manager at the time. There are minor repairs to be done, and some not so minor.
Apparently the second bath users weren't careful and the molding is coming away from the wall in it and in the adjoining bedroom, which does have a water stain on the baseboard.
I did have mold testing done a month or so ago, and there was no indication of dangerous levels of mold there.
A door needs replaced, the whole interior needs painted: some is normal use, some is not.Some of the popcorn ceiling is really dirty, so will get painted, too.
The tenant will be charged a fraction of the painting, which I expect will cost about $3000. (not nearly his deposit.)
A few other things need repaired, then there's cleaning, grout and tile cleaning (maybe), and yard cleanup.

The goal is to sell the house quickly and for as much as possible.
What is your experience: Paint the entire interior, or offer a painting discount? Of course it will show MUCH better with fresh paint, but does that translate to dollars and quick sale?
Thanks
ofgift

Posted: 09/04/2008 at 06:51AM

Painting is an easy fix, put on the old clothes an get busy. Or just hire a energetic college kid that needs money! The benefits can be tremendous remember its all about eye appeal. If your selling also make sure that the landscaping is done as well. The first impressions matter a great deal.

Posted: 09/05/2008 at 03:27PM

Absolutely you should paint. Paint is one of the cheapest upgrades you can do. It virtually always pays for itself.

Not only does it show better is smells better. It smells like it is freshly painted. It implies that the property has been taken care of even if paint is the only thing you have done.