PAINT YOUR WAY TO A FASTER SALE AND MORE $$$
Thinking of selling your home? Giving your home a fresh coat of paint can add value to your home. A home with a fresh coat of paint in a neutral color increases your home’s desirability and salability, and can increase the amount of money that goes in your pocket.
Start at the Front Door
A report by Zillow looked at 135,000 photos from old houses across the country to see how paint colors impact sales. They found that homes with dark navy blue and slate gray doors sell for at least $1,514 (and up to $6,271 more depending on location).
Kitchen Color Matters
In their study, Zillow also found that tuxedo kitchens, where the upper and lower cabinets are two different colors, sell for more money too. It may be worth it to stage your home with a few of these features.
As for the rest of your house, cool and neutral wall colors are a big hit with buyers overall. Light blue bathrooms and taupe-colored living rooms were especially popular in homes that sold for more money. Meanwhile, homes with dark red- or brown-colored walls sold for as much as $2,310 less than expected. Applying fresh coat of paint over that brown wall you loved won’t cost you much compared to what you’ll gain in the selling process. Give some serious consideration to Behr color Burnished Clay.
Curb Appeal is Essential
For home exteriors, houses painted a creamy, bright yellow sold for $3,408 less than other homes. What is a good color for your exterior? Right now, it’s greige…a blend of gray and beige. Pair it with crisp white trim and your home will pop!
Where do I start?
Sellers should focus on high-traffic and first-impression areas such as the kitchen, the bathrooms and the foyer. “If you’re on a budget, pick your battles,” said Kerrie Kelly, owner of Kerrie Kelly Design Lab in Sacramento, California, and interior design spokesperson for Zillow. “At a minimum, I’d paint the front door, the main living space, and the kitchen. You could paint the bathrooms, too, but you might be better off just giving the grout a good cleaning.”
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