The Simple Way to Increase Your Selling Price By $5,400!
A fresh coat of paint in the right color may help sell a home for more money. According to a Zillow analysis, homes with walls painted in shades of blue or light gray may sell for as much as a $5,400 premium.
Zillow's 2017 Paint Color Analysis looked at more than 32,000 photos from sold homes around the country to see how certain paint colors impacted their sale price on average, when compared to similar homes with white walls.
Homes with blue bathrooms, often found in hues of powder blue or light periwinkle, sold for $5,440 more than expected, the highest sales premium of all colors analyzed. Walls painted in other cool, natural tones like pale gray or oatmeal were also present in top-performing listings.
A home’s exterior color may also have an impact on its sale price. Homes painted in “greige,” a mix of light gray and beige, sold for $3,496 more than similar homes painted in a medium brown or with tan stucco.
For a pop of color, homes with front doors painted in shades of dark navy blue to slate gray sold for $1,514 more.
Curious what other colors may help you sell your home for more? See below for the full results of the 2017 Paint Color Analysis.
Homes with blue kitchens, often found in soft gray-blue, sold for a $1,809 premium.
Light blue bathrooms
Homes with light pale blue to soft periwinkle blue bathrooms sold for $5,440 more than expected.
Brown living rooms
Turns out homes with light beige, pale taupe or oatmeal-colored living room walls sell for $1,926 more than expected.
Cadet blue bedrooms
Homes with light cerulean to cadet blue bedroom wall colors can come with a $1,856 premium.
Slate blue dining rooms
Homes with slate blue to pale gray blue dining rooms also sold for more money — $1,926 more on average than homes with white dining room wall colors.
Selecting the right paint color is one of many factors that may affect why a home sells faster or for more money. Walls painted in cool neutrals like blue or gray have broad appeal, and may be signals that the home is well cared for or has other desirable features.
Some colors may actually deter buyers. Homes with darker, more style-specific walls like terracotta dining rooms sold for $2,031 less than expected. However, a lack of color may have the biggest negative impact as homes with white bathrooms sold for an average of $4,035 below similar homes.
If you're considering the sale of your home this year, start by checking the value via SealBeachHomeValue.com . Next contact your local, reputable real estate professional to determine the best plan to get your home ready for the market.