Maximizing Your Property Painting Budget: Tips from CertaPro Painters® of South Charlotte, NC
Posted on October 13, 2023
As property managers overseeing multi-family communities in the Charlotte area, you’re no stranger to the importance of budgeting, especially as summer winds down. The Community Association Institute recommends starting your budget preparations as early as September, so you can be well-prepared for the upcoming year. Meanwhile, for properties like retail stores and restaurants, now is the ideal time to enhance your property’s appearance before the bustling holiday season arrives. Regardless of the type of property you manage, painting often ranks among your largest budget items. To ensure you get the most value for your money, it’s crucial to have a solid plan in place. View some of our tips below:
Begin the Budgeting Process Early:
Start the budgeting process sooner rather than later. The more time you have to gather quotes and adjust your budget accordingly, the better.
Align Repainting with Budgets:
Tie your repainting schedule to your annual maintenance budget, reserve, or special assessment funds. While Sherwin Williams suggests an average painting cycle of every 5-7 years, high-traffic areas may require annual touch-ups and repair work.
Collaborate with Your Painting Contractor:
Walk your property with your painting contractor, highlighting any areas of concern and discussing your painting needs for the upcoming year.
Seek Multiple Bids:
Get bids from various sources. Compare proposals from both national painting companies and local or regional providers.
Detailed Cost Breakdown:
Examine each proposal’s detailed cost breakdown, including the amount of paint and coats required, necessary preparation work, labor costs, insurance fees, and any special equipment needed for the project.
Quality Over Price:
Price isn’t the only factor to consider when evaluating a contractor. Look at their years in business, experience with commercial projects, customer reviews or referrals, and safety protocols.
Consider Off-Season Painting:
Consider scheduling your painting project during the off-season when painting companies are less busy and may offer more flexible pricing.
Phasing Your Project:
Discuss the possibility of phasing or staging your commercial painting project to make it more manageable.
Flexible Work Hours:
Determine if your contractor can work after hours or start early to minimize disruptions to your tenants or customers.
Lock in Your Contractor:
Secure a reputable painting company for the next fiscal year now to avoid last-minute vendor searches that can be costly. CertaPro Painters® is here to help. With over 30 years of experience and 25,000+ commercial sites painted last year nationally, as your local painting experts we can help prepare and safeguard your property for years to come.
Conclusion:
Save yourself from budgeting headaches and connect with the seasoned painting professionals at CertaPro Painters® today. We understand the intricacies of multi-family community painting and can help you maximize your budget while delivering the highest-quality painting services. For more information on our services for apartment, condo, and HOA painting, please click here to visit our Apartment, Condo, & HOA Painting page.
Your property’s appearance and longevity are in safe hands with CertaPro Painters® of South Charlotte! To learn more or get help from our experts, click the button below to get a free, no-obligation estimate!
