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Old 02-11-2010, 07:59 AM
 
129 posts, read 525,035 times
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Sorry for the double post, but apparantly there is difficulty in placing a link. The url tags show in public view. Tried again on this post but the same thing happened again in FireFox/IE
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Old 02-11-2010, 08:38 AM
 
Location: I think my user name clarifies that.
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Quote:
Originally Posted by joanchris2000 View Post
Hi, I am selling a home and the potential buyers want a painting allowance....I don't want to lose the sale but don't want to be ripped off either, the realtor will be sending a quote and asking how much I'll cover. It's a 2200 sq ft home, all walls are standard builder beige (one small wall is blue). I know it's more to change colors etc, but want to give an allowance to cover getting it back to same builder beige.
Anyone have an idea of a range of what this might cost? (Fayetteville NC is location of house)
Thanks
First and foremost, the buyer is simply looking for financial leverage. That is all. This is the haggling stage of the sale.

When you buy a home, it is ASSUMED that you're going to repaint the interior rooms to your taste - and that it will be your own expense.


I believe part of the haggling process is the reasonable assumption that the buyer is going to paint the interior himself - not hire it done.

I recently rented out a house that needed some interior painting. I let the renter pick the colors, because I don't really care what colors they are. He & his family have to live with them. I do, however, have it written in the lease that I'll only pay for interior paint once every 5 years.

That said, it took roughly 1 gallon of paint - and the better part of a gallon of primer - per room.

You can easily get good satin interior paint for $25 per gallon.
You can get good interior primer for under $20 per gallon.

I rounded my costs up, and figured $50 per room.


So let's do the math: 3 bedrooms, 2 bathrooms, kitchen, dining & living room. 8 rooms at $50 per room is $400 - and this is being very generous.


I'd say your "painting allowance" should not be a dollar over $500 - and that is being very generous.
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Old 02-11-2010, 09:54 AM
 
129 posts, read 525,035 times
Reputation: 41
Called Sherwin Williams for you and Superpaint is 10% off thru end of February. Though a littly costlier to start.

Also, if you can't get a contractors rate (will you be painting your next home?) you may want to suggest labor only since painters usually get this.

BTW - I agree with the last post, about buyers paying for painting. But this may be an unusual buyers market right now.
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Old 02-14-2010, 07:20 PM
 
129 posts, read 525,035 times
Reputation: 41
another source for sqaure foot prices, (the actual link from earlier) : Cost Per Square Foot - Interior House Painting
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