Painting your Home to Sell
You want to sell your home fast and for as much money as possible. Curb appeal is your main priority – it's what people see first. If the interior is great, but no one sees it, then it doesn't really matter.
People like yellow kitchens.
According to Zillow, when it came to kitchens, those painted yellow sold for the most. Zillow Digs analyzed photos from nearly 50,000 sold homes from around the country. Of all the colors Zillow analyzed, homes with yellow kitchens yielded the highest sale premium ($1,360 above expected values).
There are some paint colors that could actually deter buyers. Also, a lack of any paint color communicates to potential buyers that the homeowner doesn’t care about the house which could lead a person to wonder what else has been neglected in the house.
A fresh coat of paint is an easy and affordable way to improve a home’s appearance before listing, but stick with colors that have mass appeal to attract as many potential buyers to your listing as possible. Warm neutrals like yellow or light gray are stylish and clean, letting the buyer know that the home has been well maintained.
The exterior can rob your house of needed curb appeal. A buyer can reach a conclusion about a house in about a minute. And the conclusion can be made from an exterior color.
White, tan and gray shades for an exterior home color communicate “shelter” while brown communicates “security.” Sandy hues say “comfort” and “warmth.”
A blue house is appealing and invokes “warmth,” and red can work, as trim. Purple, yellow, pink and orange tend to be bad choices for exterior house colors.
Interior home colors can impact your sales price dramatically at close. Zillow.com, the Seattle-based real estate site analyzed the color schemes in close to 50,000 homes sold over a 10-year period starting in 2006. After accounting for location, price, size and age of the home, Zillow determined that homes with wall colors painted in earthy tones like sage green or dove gray were also present in top-performing listings.
Zillow noted specifically that colors like slate gray or terra cotta sold for sometimes close to $1,100 less than expected. Not having a color in the kitchen also had a negative impact on a home’s sale price. Homes with white or eggshell-colored kitchens also sold below expectations.