Paint Colors that Can Add Value to Your Home
An important part of homeownership is understanding the value your home holds and how to increase that value over time. Your property value can fluctuate over the years depending on how well you care for it, what kind of maintenance projects you do, and how current you keep your amenities.
One excellent way to boost your home’s value is by painting it. In 2017, Zillow conducted a study of the colors that provided the best home market value, and they found that the colors you choose for your home can really affect your home’s selling price. Based on this, you may want to consider the results from the Zillow research study when choosing paint colors to repaint your home. Read on as we take you through all the paint colors that can add value to your home, from the front door to every room inside.
Exterior
Curb appeal has a major effect on your home’s market value. The outside of your home is often the first thing a potential buyer sees when looking at your home. In Zillow’s research, they found that homes that were painted what they deemed “greige,” or a mixture of grey and beige, sold for over $3,000 more than other homes.
Zillow research found that home’s with a “greige” exterior sold for over $3,000 more than other homes.
Additionally, homes with darker, blue-toned front doors also sold for more. The results support the idea that home buyers prefer homes that are neutral in tone and color, with occasional pops of color, for the ultimate curb appeal.
Home buyers prefer homes that are neutral with pops of color, like this blue door.
INTERIOR
When it comes to your interior spaces, different colors work best for each individual room. Zillow found that in dining rooms, kitchens, bedrooms, and bathrooms, blues seemed to work best, likely due to blue’s calming and peaceful effect on the mind.
Each room favored a different kind of blue, however. For dining rooms, a slate blue was preferred, with homes with slate blue dining rooms selling for almost $2,000 more than their other-colored counterparts.
Home buyers want soft grey-blue paint colors in their kitchens.
In the kitchen, home buyers are looking for soft grey-blues. Bathrooms helped homes sell for almost $5,500 more when painted periwinkle, and light cerulean bedrooms came with a $1,900 premium.
For living rooms, however, neutral browns were almost always preferred. Homes with light beige walls sold for almost $2,000 more.
Homes with light beige walls sold for almost $2,000 more than other homes.
OTHER CONSIDERATIONS
For many homeowners, a full house repaint is not viable because of specific constraints, such as babies or young children at home during the day. If a full house repaint is not possible, and you’re looking to add value to your home with paint, look first to your rooms that are the most out of date and start your renovation there.
Each homeowner has different tastes and styles, and with each home, there are many things to consider such as lighting, room size, and existing decorations. We’ll work with you, your interior designer, or general contract to choose the colors you love and that will enhance your home’s value and beauty. Reach out to set up a free color consultation and estimate. We’ll provide you expert advice on what colors can help add the most value to your home.
Disclaimer: All figures are from Zillow. Each homeowner’s results will vary.
