Depending on the color used to paint your home’s interior and exterior walls, you may be able to sell your home quicker and for a greater price. Paint is a major aspect of interior and exterior design, and can leave a lasting impression on any potential buyers, so it is important to understand how you can use paint to increase the value of your home.
Interior Paint Colors
According to a recent study done by Zillow, the color you choose to paint your interior rooms can increase your home’s value by up to $5,440.
Light and Neutral Colors
Zillow found that, depending on the room, the best paint colors to use in order to improve the value of your home are light blue, soft-gray blue, brown, taupe and cadet blue. For example, homes with light-blue bathrooms tended to sell by an extra $5,000+, while homes with beige or light-brown living rooms tended to sell by nearly $2,000 more than expected.
Dark Colors
If your intention is to increase the value of your home, you should avoid using dark colors at all costs. Zillow’s study found that houses with dark-colored rooms tended to sell for approximately $2000 less than they were expected to.
Exterior Paint Colors
Color choice for your house’s exterior walls is nearly just as important your interior paint choices. Depending on which color you use for exterior walls and doors, you could sell your home for an additional ~$3,500.
Greige
Greige is the combination of gray and beige that has become quite popular in recent years. Zillow found that homes with greige exteriors sold for approximately $3,500 more than similar homes painted with brown or light-tan colors.
White is also a very safe choice for exterior walls. White is a very clean-looking color which allows you to paint trim with a variety of colors in order to accentuate certain features.
Navy Blue Doors
Lastly, for an additional boost to your home’s value, you should consider painting your front door with navy blue. Houses with navy blue or blue-gray doors tended to sell for an additional $1,514.
Choosing the right paint color for your home is one of many factors that can have a significant impact on your home’s value. While certain colors can increase your home’s resale value by a large amount, many paint choices, particularly dark colors, can drastically reduce the potential value of your house.
If you have any additional questions regarding painting your home, feel free to contact your local painting contractor in Boynton Beach.