A fresh coat of paint (interior and exterior) can equate into some serious dollars when selling your home.
This relatively inexpensive task can make your home seem…
- Well Kept
- More Valuable
But, There’s a But. In Zillow’s most recent home selling study, not just the decision to paint equates into a higher selling price, but what color you decide to paint.
“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,” said Svenja Gudell, Zillow’s chief economist, in a statement.
In fact, homes with blue bathrooms, including lighter shades of blue or periwinkle, sold for $5,440 more than expected, Zillow found. Kitchens with light blue-gray walls sold for $1,809 more than expected, and walls with cool, natural tones like soft oatmeal and pale gray also had top-performing listings.”
So when you’re getting ready to list your home, make sure you paint your palace the shade of money.