By: Sarah Atha with Amelia Alvarez of Sherwin-Williams Company
Boards and managers are faced with many decisions on how, and when, to undertake renovation and remodeling projects. One of the quickest, easiest and most efficient ways to refresh a property’s look is to repaint. Repainting a property can not only add beauty and refresh an old look, but can also lead to increased revenue and attention – all for a minimal cost.
But how do you know when it’s time to repaint? Here are 5 ways to help identify the ideal time to undertake a painting project for your property:
- The color of the building is no longer in style, making the property look dated, undesirable and less marketable. This is the top reason to repaint.
- The existing paint has outlived its service life and is beginning to breakdown, as evidenced by chalking, fading, cracking and peeling.
- Physical breakdown and surface flaws can expose the underlying substrate (bare wood, concrete, steel) to weather elements and result in rotting, rusting and other progressive deterioration, which gets worse and more expensive to repair with time.
- Vinyl siding that has chalked and faded over time (but is in otherwise good condition).
- Buildings located in areas of high humidity tend to suffer from mildew buildup on their exterior surfaces. Replacing older paint with today’s modern formulations will provide superior, long-term mildew resistance to keep your building looking clean and fresh.
And here are 4 reasons to paint now, rather than wait:
- Today’s exterior coatings are more advanced and far outperform those of ten years ago. Upgrading to today’s superior coatings will protect your building asset longer and improve the aesthetics of the building for many years to come.
- Today’s advanced coatings offer superior hardness and toughness for high-touch areas, such as doors and handrails. Protecting these surfaces with highly durable coatings will keep them looking good and well-maintained.
- A fresh coat of paint with an appealing color scheme will help enhance the curb appeal and value of your property as well as invigorate an older community.
- Of all the renovation projects you may consider, painting is among the least expensive and provides the most dramatic transformation of the look and appeal of your property, realizing a strong return on investment.