For many Americans trying to sell a home takes more than just a great location. It’s not just about making the sale, it’s also about getting the most profit you can from the final transaction. The aesthetics of your home matter and your choice of exterior and interior paint color can change just how much money you can make at closing. The location of your home plays a major role in current decorating trends, but it’s also important to remember that some color schemes will increase your home’s value more than others.
Popular Color Choices to Increase Property Value
Creamy yellow and wheat-colored kitchens are the most profitable color choices and according to the design experts at Zillow, these color palettes can increase the sale price of your home by $1,360 over the estimate. Light green and khaki tones are also extremely popular especially in bedrooms and could bring as much as $1,332 over the estimated sales price. Purple tones are a popular choice for dining areas and homes painted in purples such as mauve, eggplant or lavender shades earned as much as $1,122 above the expected purchase price.
Colors that Decrease Home Value Sale Prices
Colors to avoid that can negatively affect the sales price of your home include terra-cotta and orange tones particularly in living areas. Homes in these color palettes sold for $793 less and dark brown bathrooms sold for $469 less than estimated. According to the experts at Zillow, slate gray and dark gray were the biggest areas of concern particularly when used in dining rooms. Homes painted in these colors sold for $1,112 less than anticipated. Dove grays and lighter grey tones in living rooms however earned $1,104 more than was initially estimated.
Home Value of White Paint
Surprisingly walls painted white in kitchens can have a negative effect on the sale price. White has always been considered a popular choice because it is both versatile and elegant but homes painted white or eggshell sold for less than the expected asking price. Design experts agree that a fresh coat of paint is a cost effective way to improve the appearance of your home providing you select colors that will appeal to the majority. Warm neutrals including yellow and lighter grays are both sophisticated and elegant and will blend in with the other areas within your home.
Interior & Exterior Painting in Amagansett, East Hampton, Southampton, Wainscott, Bridgehampton, Montauk, Sag Harbor, Shelter Island, Watermill, Westhampton & The Hamptons New York
While design experts agree that personal decorating choices including paint palettes play a role when it comes to selling your home for the best possible price, it’s also important to consider that a fresh coat of paint is an affordable investment when it comes time to placing your property on the market. The design and painting experts at L.W. Winslow Painting, Inc recommend choosing colors that will appeal to as many potential buyers as possible. Warm neutrals and light grays will give the impression of a fresh canvas that just needs a new owner’s personal touch to turn the space into something extraordinary. For more information on interior and exterior painting and design, contact the knowledgeable design experts at L.W. Winslow Painting, Inc. today.