You can add more than $5,000 in value to your home just by painting it.
As you look around your home, preparing to sell, it can be overwhelming. You want to get the most out of your home, but you don’t want to go broke getting it into selling shape. A new study by Zillow says you don’t have to. You can up your home’s value with a coat of paint, and one of the biggest differences can be made in one of the smallest rooms — the bathroom.
If you think your home has to be boring to be sellable, you’re wrong. According to the study, neutrals like beige and white aren’t the best selling colors. Light shades of blue and green are especially popular. They can increase your home’s value by as much as $5,440.00.
A new analysis by real estate site Zillow.com of more than 32,000 photos of sold homes finds that light shades of powder blue and periwinkle, especially in a bathroom, are correlated to an increase in home value of $5,440, on average. (If you were wondering what Home Depot’s top-selling blue interior paint hue is, it’s this soft blue-gray called “Siberian Ice.”)
On the other hand, homes with white or off-white bathrooms sold for an average of $4,035 less according to Zillow.
“Both kitchens and bathrooms are big focal points for home buyers. However, bathrooms are a bit more standardized than kitchens, so certain wall colors can really change the look and feel of the space,” says Kerrie Kelly, a home design expert at Zillow. “While wall colors in kitchens are also important, so are the kitchen appliances, countertop materials [and] layout.”
Source: Time
For dining rooms, you can even go bolder. Darker colors like blue-gray and navy blue, especially when paired with a distressed wood look, can net you nearly $2,000 more money at sale time.
Time to grab a paint brush and go to it. The days of boring homes and boring buyers are over.
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