The estimated cost of painting a house in the year 2025.

For homeowners considering a fresh coat of paint, understanding the costs involved is crucial. Here's a breakdown of the expenses you might encounter, as well as some financing options to help you achieve your desired look.

Labor costs are the biggest expense in house painting. On average, labor accounts for around 60% of the total cost.

The cost of exterior house painting varies significantly, with prices ranging from $1,819 to $4,551, and an average cost of $3,178. The cost to paint 1,000 square feet of exterior space falls between $1,500 and $4,000.

Interior house painting costs also fluctuate, with the price per square foot ranging from $2 to $6. The cost to paint 1,000 square feet of interior space typically costs between $2,000 and $6,000, with the average homeowner spending $2,014.

Preparing the space before hiring a painter can help reduce labor costs. This includes cleaning, repairing, and protecting the area to be painted.

Trimming aspects of the job that aren't important can save on paint and labor. For example, if you're happy with the colour of your trim, you might opt to leave it as is.

A contract should be signed with a painter before any work begins. This document should specify hours, products, coats, and any additional costs.

Getting multiple estimates from painters can help you find the best deal. Comparing quotes will give you a clearer picture of the market rates and help you make an informed decision.

Premium paints may provide more coverage and durability, potentially saving money on the project overall. While they may cost more upfront, they could last longer and require fewer touch-ups in the future.

The type of siding can significantly affect the cost of an exterior paint job. For example, wood siding typically requires more prep work and therefore increases labor costs.

When it comes to financing your painting project, several options are available. Major U.S. banks such as Wells Fargo, Bank of America, and Chase, as well as credit unions and some fintech companies, typically offer Home Equity Loans (HELOCs) for financing home renovations.

Achieve offers HELOCs with a NerdWallet rating of 5.0 and a maximum loan amount of $300,000. The minimum credit score required is 600.

FourLeaf Federal Credit Union and Figure also offer HELOCs. FourLeaf has a NerdWallet rating of 4.5 and a maximum loan amount of $1,000,000, while Figure has a rating of 4.0 and a maximum loan amount of $750,000. The minimum credit score required for both is 670.

Hiring professionals outside of the peak season may get the best deal, but consider if it adds to labor expenses. Keep in mind that you'll want to balance cost savings with the quality of work.

In conclusion, house painting involves significant costs, but with careful planning and research, you can find the best deal for your home. Whether you choose to finance your project or pay upfront, understanding the costs involved will help you make an informed decision.