A fresh coat of paint can increase the value of your strata property by 3% or more. Even though that percentage doesn’t sound like much, painting can improve the value of your strata property, and it can significantly affect a competitive real estate market.
Although owners can do a lot of the work themselves, the quality of the result is more unpredictable with a DIY approach. When you work with a professional painter for your painting services, you’ll have more guarantees for the investment while seeing potential property value increases.
If you’ve never worked with pros before to improve value, here’s a closer look at the expectations to consider with this experience.
What to Expect When Working with a Professional Painting Service
Professional painting services can significantly improve the value of your strata property in several ways. A fresh coat of paint not only enhances its appearance, but also protects it from environmental factors that can cause wear and tear over time.
Here are some ways that professional painting services can add value to your strata property.
1. Curb Appeal Improvements
First impressions matter, which is why curb appeal is essential to strata property care and maintenance. It refers to the attractiveness of a property as viewed from the street or curb.
The exterior of your strata property is the initial asset that potential buyers or tenants will see. Paint, landscaping, and overall condition are the primary components most people review when evaluating real estate opportunities.
A well-maintained exterior can make your property stand out and increase its perceived value. Professional painting services can help you achieve this by revitalising the appearance of your property with a fresh coat of paint tailored to your architectural style, colour scheme, and environment.
2. Property Maintenance Improvements
Painting plays a significant role in property maintenance. A professional service can inspect your property for signs of damage, such as cracks, holes, or moisture-related issues, and address them before they become major problems.
Professional painters also help you choose the right paint type for your property. The best products resist weathering and deterioration to extend the life of your strata property’s exterior while adding protection for interior walls and surfaces.
3. Improved Tenant Retention
Tenants want to live in a well-maintained strata property that looks fantastic. A fresh coat of paint can help you attract and retain high-quality tenants willing to pay a premium for a well-maintained unit.
Investing in professional painting services can create an environment that renters will be proud to call home, which helps reduce turnover and vacancy rates.
If you live on this property, a fresh coat of paint makes the home more inviting. It becomes the place where you can decompress from a tough day instead of worrying about the various chores or maintenance work that needs to be finished.
4. Environmental Support
Professional painting services offer environmental benefits, such as using low-VOC (volatile organic compound) paints that emit fewer harmful chemicals into the air. This approach can help improve the air quality around your strata property and make it a healthier place to live for tenants and nearby residents.
Additionally, some painting services may offer eco-friendly options using sustainable materials, such as recycled paint or natural ingredients, to support the local environment.
Natural paints are typically made from ingredients like water, natural pigments, plant oils, and resins. They are often more breathable than conventional paints, which can help to prevent moisture buildup and reduce the risk of mould growth.
5. Regulation Compliance
Strata properties are subject to various regulations and bylaws that govern everything from building maintenance to colour schemes. A professional painting service can help you comply with these regulations by ensuring that your property’s exterior meets the required standards. This benefit can help you avoid fines or legal issues arising from non-compliance.
Most strata properties have requirements for maintaining lots and common areas. Some have specific bylaws that govern use and management, including how to repair surfaces or walls that require new paint. A professional painter can help resolve potential concerns effectively.
Consider Professional Painting Services Today!
Professional painting services can greatly enhance the value of your strata property in several ways. From enhancing curb appeal to increasing property value and tenant retention, a fresh coat of paint can go a long way in attracting high-quality renters and buyers willing to pay a premium for well-maintained assets.
If you’re looking to improve the value of your strata property, investing in this opportunity with our team you can rest assured you’re in the right place! Contact our team today to discuss our maintenance services and receive your free colour consultation for your buildings next scheduled paintwork!