Paint Color Vs Value

Paint Color Vs Value

Looking to spruce up before you list? Check out this article from Inman Connect 6/6/2017 for paint tips so you maximize your dollars:


Homes with this color bathroom sell for $5,400 more: Zillow

Study shows blues and grays are the way to go for interiors and doors, 'greige' for exteriors
5K SHARES FACEBOOKTWITTERLINKEDINEMAIL
BY Staff Writer JUN 1

The real estate event of the summer
Connect with other top producing agents at Connect SF, Aug 7-11, 2017

LEARN MORE

A $50 gallon of blue paint can result in a huge return on investment for homeowners, according to Zillow‘s 2017 Paint Color Analysis study.

Homes with bathrooms painted in a powder blue or periwinkle shade sold for an average of $5,400 more — the highest sales premium of all colors analyzed.

When it comes to a home’s exterior, neutral tones, such as ‘greige,’ sold for $3,496 more than comparable homes in a different color.

design.at.krooogle / Shutterstock

Furthermore, homes with front doors painted in shades of dark navy blue to slate gray sold for an extra $1,514.

On the other hand, buyers seem to be put off by style-specific features such as terracotta walls, which resulted in a $2,031 dip in sales prices. But even more than that, prospective owners seem to hate white walls: Homes that had no color whatsoever sold for an average of $4,035 less. Ouch!

“Color can be a powerful tool for attracting buyers to a home, especially in listing photos and videos,” said Zillow chief economist Svenja Gudell. “Painting walls in fresh, natural-looking colors, particularly in shades of blue and pale gray not only make a home feel larger, but also are neutral enough to help future buyers envision themselves living in the space.

“Incorporating light blue in kitchens and bathrooms may pay off especially well as the color complements white countertops and cabinets, a growing trend in both rooms,” she added.

If a seller is adamant about keeping color in the home, have them consider a pop of color on an accent wall using Pantone’s Color of The Year, Greenery, or have them incorporate jewel-toned decor pieces throughout the home.

Email Marian McPherson.

Article image credited to Gelpi JM / Shutterstock.com


Michele Stephens Headshot
Author:
Phone: 559-284-7709
Dated: June 6th 2017
Views: 83
About Michele: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Million Dollar Market - When you think of Fresno, multi
Fresno Fun This Weekend - Looking for something to do this
Paint Color Vs Value - Looking to spruce up before you
Greysons First Solo - Happy Birthday Greyson!! Daddy

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Scott Comstock
7050 N. Fresno St. Suite 204
Fresno, CA
559-681-9500
5593670210