Paint Colors that Sell!
If you’re thinking about painting the rooms in your house, why not think about resale value while you’re at it? Of course, you will want to choose colors that appeal to you personally, but at the same time you may want to consider how those colors might affect potential buyers in the future. Looks aren’t everything, but they are important when making an impression on people who may possibly purchase your home. Here is a palette you may want to consider if you want to make more money when you sell:
According to Zillow kitchens painted in light blue to soft gray-blue tones brought in $1,809 more than other colors while kitchens painted yellow saw resale value drop by about $820.
Bathrooms painted light blue or periwinkle can bring in $5,440 more on average, while bathrooms painted in varied shades of white reduced home sale prices by about $4,035.
When it comes to your bedroom, the blues win again! A pink one can cost you about a $200 loss in resale value, while a light cerulean or cadet blue bedroom can bring you an extra $1,856.
Blues seem to be the colors of choice for most rooms in the house when it comes to resale value, but one room where that is not the case is the living room. Zillow found that a light beige, pale taupe and oatmeal color tends to add $1,809 to home sales, while living rooms painted in varied shades of blue, silver and gray lose out on approximately $820.
So, if you’re looking for a low-cost way to upgrade your home, break out the paint brushes and make sure to choose the right colors to get more bang for your buck when you sell!