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Colors that help (and hurt) your bottom line

Are you selling your home? One of the first things that come to mind when you decide to sell is “what can I do to get my home in shape for showings and how can I get the most money for my home?”

Here is something to consider that’s easy, affordable and you can do yourself that will make a huge impact……consider COLOR!!

According to a new analysis by Zillow, paint color should ABSOLUTELY be a change you consider.

After analyzing more than 32,000 listing photos of homes that have sold across the US, Zillow came up with a list of the colors that performed the best.

Did you know that homes that are painted “greige,” (a shade somewhere between light gray and beige), tended to sell for $3,496 more than similar homes in brown, tan or cream!!

“Color can be a powerful tool for attracting buyers to a home, especially in listing photos and videos,” Svenja Gudell, Zillow’s chief economist, said in a press release. “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. Incorporating light blue in kitchens and bathrooms may pay off especially well as the color complements white countertops and cabinets, a growing trend in both rooms.”

 

Here are Zillow’s findings on what colors to choose (and which to avoid):

kitchen 2

 

Kitchens:

Blue (light blue to soft gray-blue): home sold for $1,809 more on average

AVOID: Yellow (straw yellow to marigold): home sold for $820 less on average

bathroom

Bathrooms:

Blue/purple (light powder blue to periwinkle): home sold for $5,440 more on average

AVOID: White/no color (off-white or eggshell white): home sold for $4,035 less on average

bedroom

Bedrooms:

Blue (light cerulean to cadet blue): home sold for $1,856 more on average

Pink (light pink, to antique rose; often found in kids rooms): home sold for $208 less on average

dining room

Dining Room:

Blue (slate blue to pale gray blue): home sold for $1,926 more on average

Red (brick red, terracotta, or copper red): home sold for $2,031 less on average

 

livingroom

Living Room:

Brown (light beige, pale taupe, oatmeal): home sold for $1,809 more on average

Blue (pastel gray, pale silver to light blue, periwinkle): home sold for $820 less on average

Home Exterior :

Gray/brown (greige — mix of gray and beige): home sold for $1,526 more on average

Brown (medium brown, taupe, or stucco): home sold for $1,970 less on average

Front Door:

door

Gray/blue (navy blue to dark gray or charcoal): home sold for $1,514 more on average

 

Read the Full Article here: http://www.businessinsider.com/paint-colors-that-sell-home-for-more-money-2017-5

 

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