When beginning the process of selling a house, home owners can expect to make slight improvements in order to increase the value of their homes. An easy upgrade for home owners to increase the return on investment would be a fresh paint job. Buyers will not only notice the clean, new paint job but studies show that they might be more attracted to certain colors of paint, depending on the room in the house. Ultimately, this could lead to more money at the closing table.
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 most impressive of all colors considered.
4039 Abingdon Road
This listing happily has a new buyer, but you can view other homes by Jill Miller
When it comes to a home’s exterior paint, the same study found that neutral tones such as beige or gray sold for $3,496 more than similar homes in a different color.
10506 Drake Hill listed by Jeff Sny
Experts suggest that grays with warm beige undertones are the best option for living rooms and kitchens, while bold reds and rich caramels are more suitable for bedrooms.
A can of paint is one of the simplest tools you can use to update your home and the financial benefit could be quite impressive. These studies show that it is important to consider the room you are painting when making this decision. Helen Adams Realty has agents with interior design experience along with a list of suggested vendors that can provide you with the guidance that you’ll need during these home improvements.
When embarking on the powerful journey of selling your home, this seemingly effortless tool could give the home owner a unique selling advantage and even pay off financially.