Posts from June 14th, 2017
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14
What A Difference A Little Paint Can Make
A $50 gallon of blue paint can result in a huge return on investment for homeowners, 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 highest sales premium of all colors analyzed.
When it comes to a home's exterior, neutral tones, such as 'greige,' sold for $3,496 more than comparable homes in a different color.
Furthermore, homes with front doors painted in shades of dark navy blue to slate gray sold for an extra $1,514.
On the other hand, buyers seem to be put off by style-specific features such as terracotta walls, which resulted in a $2,031 dip in sales prices. But even more than that, prospective owners seem to hate white walls: Homes that had no color whatsoever sold for an average of $4,035 less. Ouch!
"Color can be a powerful tool for attracting buyers to a home, especially in listing photos and...
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