Can Certain Colors Up Your Home’s Resale Value?

Dated: October 12 2020

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Can Certain Colors Up Your Home’s Resale Value?

 

 

They say you should never judge a book by its cover, but what about a house? When it comes to buying and selling homes, we 100% judge what we see. It's normal. Your home is the place you will live and grow, you should love most every part of it!

 

If you're hoping to sell your home sooner, try attracting buyers with the colors and aesthetic of the home. It should come as no surprise the homes that are taken care of and given some TLC over the years sell sooner than those that are neglected and aren’t aesthetically pleasing.

 

It’s never a bad idea to repaint before putting up the For Sale sign. It requires minimal effort and money, but can make a huge impact. There are even certain colors that can up a home’s resale value! The front door is a staple to every home. It’s also one of the first things potential buyers will notice about your home. Zillow found that homes with black or charcoal gray doors sell for an average of $6,200 more. As far as the exterior of the home, avoid yellow! Homes painted yellow sell for an average of $3,400 less. So long as you up your curb appeal, the exterior should simply match the aesthetic of the house.

 

Now, let’s step inside your home. You cannot go wrong with cool colors or neutrals. A nice taupe in the living room and light blue in the bathroom can up your resale value by a combined $5,400. Homes with brown walls sell for about $1,600 less, and those with red hued kitchens sell for about $2,300 less. Tuxedo kitchens (different color top cabinets from lower cabinets) can increase a home’s resale value by about $1,500 just by adding dimension and contrast to the space.

 

There are also trends that come and go. Right now, gray seems to be the most common color throughout the interior. It’s light and bright and appeals to most everyone. Gone are the days of the oak/wood color – white is taking over for trimming and interior doors. Accent walls are also becoming a thing of the past. Now, it’s becoming more popular to paint the entire room, or even floor, the same neutral color. However, accent pieces in the room can add pops of color!

 

Adding a couple coats of paint to certain rooms in your home or updating your front door are just small and simple ways you can dramatically increase the resale of your home. If you’re on the fence about what to do, speak with your realtor – he or she will help guide you on your path to selling your home! 

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Sherri Gramlich

I am a wife, a mom, a Grandma, a sister, a daughter and a Realtor. It is important to me to treat my clients as I would like my own family to be treated. I work ethically and honestly. My goal is a....

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