Getting a house ready to put on the market and sell is always a busy task that can include doctoring the yard, taking on last minute remodeling projects, replacing old carpet or flooring and touching up visible wear and tear on the walls.
Adding a fresh coat of paint can make a room look brand new, but did you know that the color of paint you use can actually increase the value of your home?
That’s right! Before you head the the hardware store to stock up on paint, keep in mind which colors might actually increase the value of your home by thousands of dollars.
In Zillow’s 2017 Paint Color Analysis, the site reviewed more than 32,000 sold homes across the country and found that homes with blue bathrooms in particular (shades of powder or light periwinkle) sold for $5,440 more, and homes with the exteriors painted “greige” sold for $3,496 more than homes painted brown or with tan stucco.
The site also found that a simple front door paint job can increase your home value. Doors painted in shades of dark navy blue or gray sold for $1,514 more.
The blue trend holds true for the rest of the home as well. Homes with blue kitchens average a sale price $1,809 more and ones with blue bedrooms, $1,856 more.
For the dining room, consider slate blue or pale gray over white walls. These shades can increase the value by up to $1,926.
Surprisingly, white bathrooms seem to have an opposite effect on the selling price, decreasing it by $4,035.
And there is one room in a house that you should not be painted blue: the living room. Blue living rooms decrease the value of a home by $820, whereas shades of brown in living rooms increase the selling price by $1,809.
Feature Image: Twenty20