Existing home sales hit a 14 year high in August of 2020, with buyers snatching up an incredible amount of inventory. That’s in the middle of a pandemic!
What happened? Mortgage rates hit historic lows, and many people who may have waited another year or two to buy a house decided to jump in. Maybe that was you, and you’ve recently bought the home of your dreams.
Even though it’s your dream home, it’s rare your new home meets your unique design aesthetic.
You need a new coat of paint, but you’re not sure what a residential painter costs.
Don’t sweat it! Transform your new home with this guide to painter prices.
A Little About the Supplies
If you’ve rented all your adult life, there’s a lot you’re not aware of when it comes to painting companies.
Yes, you have a vision and you hire a professional residential painter like Select Painting to help you manifest that vision.
You pick the colors you want for the walls and the trim, but before you consider the costs of hiring the painters, you have to consider the cost of the paint.
Residential painting companies don’t often supply the paint. You buy it ahead of time.
The average price of a gallon can is around $20. The price goes up depending on the sheen, grade, and special features of the paint.
One gallon of paint covers around 400 square feet. With a little math, that means you’ll need 12.5 gallons for two coats on a 2,500 square foot home.
Painter Cost
To determine how much your painters will charge you, you have to determine how they charge for labor.
Professional painting companies determine how much labor they will charge you based on a few different factors.
Project Assessment
Professional painters assess the job based on how much paint they have to remove and the time it will take to prepare the surfaces.
Other factors included in pricing are baseboards, handrails, trim, and ceilings.
The more involved a job is, the more you should expect to pay.
Labor
When searching “painting companies near me” it’s best to know how these companies charge for labor. There are three ways painting companies determine labor.
Most professional painters charge by the square foot. The most common prices range from one to six dollars per.
Some painters charge per hour. You’ll find hourly rates at many different price levels so it’s important to comparison shop. Some painting company hourly rates go as low as $20 an hour and as high as $75.
Even more rare are the painters who charge by the day. You’ll see this, but not very often. Most like to charge by the area or total project.
Hiring a Residential Painter
When you hire a residential painter, the cost comes down to two factors. How much will you pay for supplies? How much will you pay for labor?
Though hiring the cheapest painters in your area might seem like a great idea for your budget, remember that professionals cost more. That doesn’t mean you have to break the bank.
There are many professional painters who charge a fair price.
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