Up Your Home's Value By Using These Paint Colors

10.15.18

exterior house painting


Getting ready to put your home on the market can be bittersweet. You are excited about the next step in your life and moving to a new home, but you have come to love your current house. As house painters, we know how hard it can be to spruce up a home that you are getting ready to sell.

 

Regardless of where you are in your emotional journey, you will want to get the best deal for your home. One of the best ways to increase the value of your home is to give it a fresh coat of paint. But, have you considered which colors could lead to you being able to charge a higher price tag for your property?

 

Real estate and rental marketplace, Zillow, analyzed over 135,000 pictures of homes that were sold across the US. Their goal was to determine how the color of the home affected the selling price of the home. Zillow’s 2018 Paint Color Analysis produced some intriguing insights, specifically that painting your front door charcoal gray or black could help homeowners get up to $6,271 more than they originally expected they would get. Other interesting results included that periwinkle bathrooms (which refers to the color spectrum between pastel blue and violet) and tuxedo kitchen cabinets could add as much as a $6,000 premium on a home’s selling price.

 

According to Opendoor.com, painting the interior of your home results in a 107% return on investment. And, painting the exterior of your home commands a 55% return on investment. Chairwoman of the International Association of Home Staging Professionals, Jennie Horris, comments, “It is the least expensive investment for the biggest return.” The National Association of Realtors’ 2017 survey also showed that 68% of realtors recommend painting walls if you are planning to sell your home and 62% of realtors recommend paint touch-ups.

 

Whether you are interested in exterior house painting or need a team of interior house painters to get your home ready for sale, the painting contractors at Ray the Painter in Oklahoma City can help you. Contact us for more information today.