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This Cheery Kitchen Color Could Hurt Your Home Value
The role of color psychology in home value is explored through new research from Zillow, which surveyed 4,200 recent and prospective buyers in the United States. The findings indicate that certain paint colors can significantly impact a home's sale price, either boosting it or detracting from it. The survey revealed a general preference for darker, more dramatic shades of green, blue, and gray over lighter colors like white.
Specific color recommendations are provided for different rooms. For kitchens, painting cabinets olive green is suggested, as buyers indicated a willingness to pay nearly $1,600 more for homes with this feature. An example of a London apartment showcasing refreshing olive green cabinets supports this claim. Conversely, painting a kitchen daisy yellow is identified as a color that could negatively affect home value, potentially leading buyers to offer almost $4,000 less. While acknowledging personal color preferences, the article advises considering darker mustard tones or balancing bright yellow with cool accents, such as blue checkered flooring, if choosing yellow.
In living rooms, charcoal gray continues to be a top choice, with homes featuring this color potentially selling for nearly $2,600 more than expected. The article suggests incorporating modern floor lamps and paper lanterns to enhance the moody aesthetic of a charcoal gray living space. Bedrooms painted navy blue are also shown to increase home value by approximately $1,815, attributed to the cozy and zen ambiance it creates. Designer Maggie Glenndening's use of Sherwin-Williams's "Dark Night" in her Utah home is cited as an example of a successful navy bedroom. In contrast, fire hydrant red in a living room or bedroom could decrease a home's value by nearly $2,000, with the article suggesting rich, dimensional reds like Little Greene’s “Tuscan Red” as an alternative to achieve similar impact without the negative financial consequence.
For bathrooms, a mid-tone brown, reminiscent of Pantone’s Mocha Mousse, is recommended. Earthy brown shades in a powder room are noted for their ability to make adjacent white hallways pop and can boost a home's price. Prospect Refuge Studio's Gucci-themed project, which incorporated such a color, is given as a reference. The article emphasizes that while personal color choices are valid, understanding these trends can be beneficial for homeowners looking to maximize their property's market appeal.
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