It depends what you want to do.
I was in a similiar position a couple of years ago with an Orange 224. The components were all in pretty good nick and the fork (fox 40’s)was well looked after and serviced but the frame had battle scars from uplift carnage.
I wanted to sell the bike without stripping, I also wanted the buyer to experience buying what looked and felt like a new bike (because that feeling is ace!). I paid for Orange to have it painted; I think it probably increased the value of the bike by £80-£100 but it increased the sellability by 100%.
The guy turned up, saw the bike, saw the Orange service receipt, and was happy as larry…didn’t haggle; happy to pay a fair asking price.
With a proper paint job/service reciept, as a buyer, I wouldnt think your’e trying to pull the wool or paper over cracks. It made sense to me, anyhoo.