Choosing the exterior paint in a color which is best suited for your multi-family dwelling may be a more difficult choice than you think. For instance, you don’t want an exterior paint color which is going to pop out and hit a prospective tenant in the face like a fist, but you don’t want your building overlooked either. So your choice of paint should be taken seriously by you, the landlord. So below are some suggestions for choosing the right paint color for your building:
- First, step back and look at your building. What is it made of and what type of decorative elements are used? So is your building made from stone or brick or wood? What are the shingles made of and what is their color? What about the windows? Therefore; what paint color you choose has to coordinate with these elements. For example, if you had a red brick building with gray black shingles and white vinyl windows, using orange paint on the wood trim may make the building stand out in a way that you wouldn’t want.
- What part of the building do you want to paint? Is it the whole exterior or just the trim around the windows? Maybe the building has an interesting element you would like to accent and bring out. So thinking about color before you paint is very important.
- What colors are the buildings surrounding your building? You want your building to fit in, but stand out in the right way. So, a bright blue building in a neighborhood of tan and cream would be an eyesore and potential tenants may think twice about looking at an apartment to rent.
- Give some thought to the type of tenants you want to rent to. Older tenants may want to live in a building that is a little more understated. Whereas, younger tenants may want to rent in a building with a little more flair and pizazz. So taking this into account, your choice can make a difference in the crowded rental market if you take a little thought of who it is that you’re trying to attract as potential tenants.
As you can see, what color of exterior paint you use does require some thought. Therefore; think about what type of tenants you want to attract, the questions above and make your decision from there.