Paint Colors That Sell

Did you know that paint color makes a difference in the way prospective buyers see a home and the price it brings when sold? While paint color doesn’t matter to every homebuyer, the right paint colors will get your home more attention and can help bring more value to the sale. If you are considering selling a St. Louis or St. Charles County area home, it will pay to learn which paint colors to choose.

While we occasionally question the results of Zillow’s “zestimates”, they’ve done some great research on over 32,000 photos of homes sold around the nation. They looked at how certain paint colors impacted price on average when compared with similar white-painted homes. The results were intriguing. So before you hit the local paint store, here are the paint colors that statistics show help sell homes and bring more value for the sale. 

Home Interior Paint Colors With High Value

Light and medium shades of muted blue have been found to be especially valuable throughout most of the home. In the kitchen soft gray-blue netted an additional $1,809. For bedrooms, homes with medium muted blues saw a premium of $1,856. Even in the dining room shades of slate blue and pale gray-blue netted on average more than $1,926 when compared to white-painted dining rooms. The biggest paint color value found was $5,440 more for the average sale price in homes that had light blue or soft periwinkle bathrooms.

In the living room the colors that brought the most value were shades of light brown. Homes with pale taupe, light beige or oatmeal-colored living rooms sold for $1,926 more than similar homes with white living rooms. 

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Exterior Home Paint Colors with High Value

You are probably wondering, what about gray? We are seeing gray everywhere these days as it is growing in popularity and value. So here it is: homes with an exterior painted in light gray and beige sold for about $3,496 more than other popular colors like medium brown and tan.  

Front door color affects curb appeal and has value too. Once again, blue and gray colors lead the way. Homes with navy or slate gray front doors netted on average $1,514 more for the home sale.

Paint Colors That May Deter Homebuyers

Now that you know what colors statistically brought more value from a home sale, let’s discuss colors to avoid when selling a home. More specifically, lack of color was detrimental. It was shown that homes with white bathrooms sold for an average of $4,035 less than other similar homes. So while white-washing an entire home to make it appear clean and bright may seem like the right thing to do, one is better off using light, muted colors as opposed to no color at all. But don’t go crazy, homes with dark colors sold for an average of $2,031 less than expected.

What To Do

If you are thinking of putting a home on the market, consult with experienced local real estate agents like those on The Boehmer Team. We work with home stagers and photographers to make homes look their best and can help you evaluate the current condition of your home through the eyes of the home buyers we work with every day. By consulting an agent you may find that you don’t have to do as much work as you thought to get your home ready for sale.  And if you do need work done, an experienced real estate team will have a list of reputable home repair and painting contractors to help get the work done right.

Is moving on your mind? Contact TheBoehmer Team.

Reference: http://zillow.mediaroom.com/2017-06-01-Homes-with-Blue-Bathrooms-Sell-for-5-400-More-than-Expected