It was thought that houses sell better with neutral colors such as eggshell, white and taupe. Findings of a new study, however, revealed that you may want to be a little bolder when it comes to selecting paint colors.
Real estate site Zillow.com analyzed more than 32,000 images of sold homes and found that those with the shades of powder blue and periwinkle, particularly in the bathroom, sold for $5,440 more on average. Homes with white or off-white bathrooms, on the other hand, sold for about $4,035 less.
Blue hues also appear to increase home value in other rooms. Homes with dining rooms painted in blue-gray, slate blue and navy blue paired with distressed white shiplap finishes were sold for nearly $2,000 more on average while those with red-painted dining rooms sold for $2,031 less on average.
Homes with blue gray and soft gray blue tones in the kitchen sold for around $1,800 more while those with yellow hues like straw yellow and marigold sold for $820 less on average.
Homes with blue bedrooms sold for $1,856 more on average while those with pink, which is often found in kids’ rooms, sold for $208 less on average.
Homes with a brown living room sold for $1,809 more on average while those with blue sold for $820 less on average.
Exterior Of The House
Exterior colors also matter. Those with exterior colors of gray and brown sold for $1,526 more on average while those with brown exteriors sold for $1,970 less on average.
Painting the house or a room or two is considered one of the quickest and most cost-effective ways home sellers can make their property more sellable.
If you’re planning on selling your home, you may want to consider making some color changes in a few rooms so the property becomes more appealing to prospective buyers.
University Painters can provide you with professional painting services that can help boost the value of your home. We have been painting homes, offices and condominiums since 1990 and we can guarantee you quality services. We will be happy to assist you in giving your home a color makeover.