Understanding the worth of your property and how to raise it over time is a crucial component of homeownership. Depending on how effectively you maintain it, what kinds of maintenance tasks you undertake, and how up to date you keep your amenities, the value of your home may change over time.
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The value of your property might be increased by painting it. The colours you pick for your home can significantly effect its selling price, according to a 2017 Zillow analysis of the hues that produced the best home market value. In light of this, you might want to take the findings of the Zillow research study into account when deciding on paint colours for your home. Continue reading as we walk you through every paint colour that can increase the value of your property, from the front entrance to each interior room.
Exterior
The market value of your property is significantly impacted by curb appeal. The outside of your house is frequently the first thing a prospective buyer notices when seeing it. Homes that were painted in what Zillow referred to as "greige," or a combination of grey and beige, sold for over $3,000 more than other homes, according to their research.
According to Zillow data, homes with a "greige" façade often sold for almost $3,000 more than similar properties.
Homes also sold for more money when they had front doors with deeper blue tones. The findings are consistent with the assumption that for the best curb appeal, purchasers choose houses that are neutral in tone and hue with sporadic flashes of colour.
INTERIOR
Different colours work best for each unique room in your home when it comes to interior design. Zillow discovered that blues appeared to function best in dining areas, kitchens, bedrooms, and bathrooms. This is probably because blue has a relaxing and tranquil influence on the mind.
But there was a certain shade of blue that each space loved. Slate blue was chosen for dining rooms, with properties with slate blue dining rooms selling for over $2,000 more than those with other colours.
Buyers are opting for gentle grey-blues in the kitchen. When bathrooms were painted periwinkle, homes sold for almost $5,500 more, while bright cerulean bedrooms commanded a $1,900 premium.
But neutral browns were nearly always favoured for living rooms. Homes with light beige walls fetched over $2,000 more at auction.
OTHER CONSIDERATIONS
A whole house paint job is frequently not feasible for homeowners due to certain restrictions, such as having infants or small children at home during the day. Look first at your rooms that are the most outdated and start your makeover there if a complete house repaint is not feasible and you want to add value to your property with paint.
There are several factors to take into account while designing a home, including lighting, room size, and existing decorations. Each homeowner has distinct interests and designs. We'll collaborate with you, your interior designer, or general contractor to select the hues you adore and that will raise the attractiveness and market worth of your house. Set up a free colour consultation and estimate by getting in touch. We'll give you professional guidance on the hues that will help increase the value of your house.