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Jeanette Joy Fisher
 
Interior Design Psychology

 

 


Save Money on Remodeling Projects with Oops Paint

By Jeanette Fisher

One great way I've found to save money, whether for making over homes we're planning to resell or sprucing up those we plan to rent, is by using "Oops" paint. The paint is cheap at our local hardware store or home improvement center, and it works beautifully... while saving us significant amounts of money.

Oops paint is paint that has either been mismixed at the store or has been returned by someone. There's nothing wrong with it, since it's generally the same kind of paint we'd normally buy for our painting projects anyway. The key is that it's paint the store wants to get rid of, and they find willing buyers in my husband and me. We can often bargain on the price, as well, since they know we'll be buying quantities of their oops paint in the future.

There are also stores that specialize in oops paint and excess building materials. One of our favorite sources for oops paint is the Habitat for Humanity for Humanity thrift store, called Restore. They generally have quite a selection of paint to choose from, and the prices are very reasonable.

remodeled bedroom blue walls

Here's an example of how we save using oops paint. We once bought a five-gallon bucket of light blue flat paint for $10. We don't know why the paint was returned, and we didn't care. There was nothing wrong with it at all. We then added nearly a quart of a semi-gloss paint that was much darker, which cost us seventy-five cents. We took that paint, which was now a sort of slate blue, and used it to paint one room upstairs.

After we'd finished that room, we added a gallon of off-white satin paint and proceeded to paint the next room. We then blended in certain quantities of other oops paints we'd bought to give each upstairs room a slightly different feel, even though they had all begun with that one five-gallon bucket of baby blue paint in the beginning. Having the bedrooms all based on that same original color gave the entire upstairs a harmonious feel, and we were very pleased with the results--and the money we saved!

remodel room blue-green

A word of advice: if your walls have imperfections, they'll show up more if you use gloss or semi-gloss paint. However, satin finishes are a good choice for rentals, because they clean up better than flat paint when you're getting the home ready to show to prospective renters. That could mean that you won't have to paint every time you change renters, which will save you even more money!

If you're painting for resale, there are many buyers, especially those with younger children, who will appreciate the easy clean-up that satin finishes make possible. It can be used as a selling point when you show the home. You don't have to tell them it was oops paint, of course!

Perhaps you don't care to save hundreds of dollars in paint if you're going to make thousands of dollars on the resale of your property. That's perfectly fine. But for me, every dollar we can add to our bottom line, the better--and oops paint does just that!

Copyright © 2006 Jeanette J. Fisher

Jeanette Fisher teaches beginning real estate investors five steps to making money in any market. Her interior design secrets help investors sell houses faster and get top dollar for sales or rentals. No-cost ebooks and teleseminars: Free Real Estate Investing Information.
 

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