Tag Archives: Exterior Paint

The Best Color of Exterior Paint to Use on a Multi-family Dwelling

multi_family2Choosing 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.

Choosing Exterior Paint

015Exterior paints and stains are not only an aesthetic quality that helps lease an apartment community, but also protects against the elements.  The type and quality of paint used, the quality of preparation, and the quality of application will determine to what extent your community is protected.  When choosing your exterior paint type, keep in mind the following:

*Resistance to mold and mildew.  Your building’s exterior will be subject to all types of condensation, moisture, and elements.  Choosing a product that that will resist mold and mildew will help protect your property from damage.

*Ease of Application.  The ease in which your paint is applied will determine how many coats are needed and how much you will spend per building.  Exterior painting is calculated based on how many gallons will be needed per door and a higher quality paint may be more expensive but may also yield more coverage.

 *Fade resistant colors.  Make sure you choose an exterior paint color that will not suffer through weather and time by fading.  Dark colors, like red, may fade to pink and blacks to greys.  Choosing the right color will allow for longer times in between exterior paints.

In addition to protective value, a new paint scheme will help increase leasing and resident retention for your property.  Nothing livens up a property like a fresh coat of paint!  When choosing paint colors factor in existing landscaping in your color palette.  If you have vibrant, bright colored flowers or a natural setting of green, choose colors that will complement them.  Consider your neighborhood and the lifestyle you are presenting to your residents.  A bright, funky colored building may appeal to a 011younger demographic, whereas a traditional color scheme an older demographic.  Your roof, chimney, and parking lot are all areas that will not be painted but should play a role in your color choices.  For exteriors that are partial stone, choose a color that will enhance this feature and create harmony.  For a terra cotta, choose a more neutral color for the siding to offset the vibrancy of the roof.

Many factors should be taken into consideration while choosing your paint type and color scheme.  Testing multiple colors, using a reliable contractor, and a proven product will ensure the sustainability of your community’s exterior paint.