Author: SSA Support

Do you have a worn-out appearance on the outside? Is it time to update your house? A great method to improve curb appeal and give your home fresh life is to repaint. You must begin by thoroughly preparing the exterior paint if you intend to do the work yourself. Like any housework, this will also need elaborate planning. When looking for rental properties in Craigieburn, any potential client will look for a house that is aesthetically pleasing – at least that is what will matter as the first impression. 

So, when you are planning to re-paint the exterior, it is always good to consult a colour specialist. You shouldn’t cut corners here because the exterior of your home is exposed to the weather. More pigment is used in more expensive paint, making it thicker and lasting longer. Long-lasting tackiness is a sign of cheap paint, especially during periods of high humidity, the paint will remain sticky for an extended period of time while good paint dries considerably more quickly.

Let us look at the three steps for exterior painting – 

Clean Your Surface

Cleaning your surfaces is necessary before you ever open a paint can. Paint won’t adhere correctly if you apply it to a dirty surface. The paint gets peeled off, get blistered, and cracked as a result. Use a medium-bristled hand brush to remove debris and flaking or lose paint from your exterior. To clean difficult-to-reach areas, use a household broom. With a scraper, remove caked-on dirt. Warm water and detergent should work well to remove fine dust and grime. Before continuing, wipe down with a cloth or brush, give it a thorough rinse, and then let it dry fully. You can come across regions where mould has grown when cleaning. Use fungicidal wash to clean such places.

Fix Any Damage

Exteriors are vulnerable to the harsh sun, wind, and rain, so some damage is inevitable. Before you start painting the exterior of your home, you should repair any damage. Purchase external filler or plaster to patch up tiny gaps and cracks. Fill the fracture after making sure the area is tidy and free of stray debris. Using a damp knife or pallet, spread the filler. You might need to add layers of your external filler to cracks and holes that are deeper than 1 cm in order to fill them. Before adding a fresh layer, be sure the previous one is dry. Finish by once more using a knife to smooth the filler. Finally, use sandpaper to smooth up the surface of the mended area.

Seal and Prime

You must seal and prime the surface before painting it if it is porous, such as brick or wood. Without it, the paint will penetrate the surface and leave an uneven finish. To seal and prime edges and hard-to-reach places, use a little paintbrush. The other bigger areas should be primed with a roller before the building is painted. Before you begin mending the walls, they must be entirely dry. Sand the surface smooth when it has dried. Rotten wood should be removed and replaced when necessary because the paint won’t adhere to it. To have a smooth, even finish for your primer and paint to stick to, patching and mending takes time.

What, in your opinion, has the greatest influence on real estate prices? You would be correct if you said its location. But did you know that there are a plethora of other variables, most of which are outside your control, that could also play a role? Here’s what the experts of real estate in Thomastown have to say –

Location
The most evident aspect of a property’s value that can be changed is its location. Is there a city center around the property? Is it near a popular waterfront area? Is it close to restaurants, stores, schools, and public transportation? Properties in these neighborhoods will cost more because people typically choose to reside close to their places of employment and leisure.

Supply and demand
Property prices will rise in a market where demand outpaces supply. This is because more buyers are competing for a limited supply of houses, which raises prices. The supply may outpace demand if you own an apartment in a neighborhood where numerous new apartment complexes have recently been built. This can restrict the appreciation of your house.

Interest rates
Property values may alter if the Reserve Bank modifies its monetary policies. Borrowing money is more affordable when interest rates are low. Prices typically increase as a result of consumers being able to borrow more money and stretch their budgets further. Borrowing becomes more expensive when rates climb. As a result, price rise may be slowed and borrowers may have to make budget cuts.

Economic outlook
The property market may be impacted by the state of the economy as a whole. More Australians can afford to buy a home when the economy is growing strongly, creating jobs and favorable labor conditions, which drives up property values.

Property market performance
Your property’s value may also be impacted by how well the local real estate market is performing. Expect prices to decrease if there is minimal demand for homes in the neighborhood and the listed properties are selling for significantly less than the asking price. Additionally important is the real estate market’s overall success.

Population and demographics
The demand for homes in a suburb increases as more people decide they wish to live there. The neighborhood’s demographics will also have an impact on property values. As the population rises, increased immigration also increases the need for housing. This also raises pricing.

Property size and features
A property’s qualities and size as a whole affect its value as well. The value of a home can be influenced by features like extra bathrooms, garages, swimming pools, and outdoor recreation facilities. In crowded cities, the availability or scarcity of parking spaces is another crucial consideration, although the practicality of a home’s layout is always crucial.

Aesthetics
One should never undervalue a property’s curb appeal. Since first impressions count for a lot in real estate, the outside appearance of a home can rapidly increase or decrease its worth by tens of thousands of dollars.

Investment potential
The potential an asset offers to investors also has an impact on its value. Several variables come into play, including the potential rental income from a property and the capital gain an investor will experience when they ultimately decide to sell the home.

Energy efficiency
A home constructed with high-quality materials is probably worth more, in part because doing so makes the home easier to heat and cool. Items like solar panels, insulation, and double-glazed windows can add value and appeal given the high cost of power and gas bills.