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This Kitchen Color Might Be Trending, But It Could Hurt Your Resale Value
Renovating a home before selling it can significantly increase its value, with painting being one of the most cost-effective upgrades. An average interior paint job, costing around $385, can potentially add $5,000 to the sale price. This finding is based on a new analysis by Zillow, which surveyed nearly 1,300 recent or prospective home buyers. The study indicates that buyers are willing to pay more for homes that feature specific colors in key areas such as bathrooms, kitchens, and bedrooms.
For bathrooms, sky blue is identified as a highly desirable color. Homes with sky blue bathrooms can see an increase in sale price of approximately $4,700, as surveyed individuals expressed a willingness to pay 1.6 percent more than expected. This color is favored for its soothing quality and bright appearance, making it suitable for a space where visual clarity is often preferred, such as for applying makeup.
Conversely, mint green in the kitchen is highlighted as a color that could negatively impact a home's resale value. While green shades are generally popular in kitchens, mint green specifically does not resonate as well with buyers as other greens, like sage. Zillow's data suggests that homes featuring mint green kitchens could sell for nearly $2,000 less than anticipated. To avoid this potential devaluation, the article recommends opting for safer, more universally appealing neutral tones such as warm white or cream, citing specific paint colors like Swiss Coffee by Benjamin Moore or Whisper by Dunn-Edwards as examples.
In bedrooms, dark blue is presented as a color that can enhance value. Bedrooms painted in moody, dark blue hues were associated with a sale premium of $1,491. Deep charcoal gray and rich forest green also received positive feedback from respondents, indicating that darker, more dramatic colors can create a desirable zen-like atmosphere in sleeping areas, thereby contributing to a higher perceived value. These color recommendations offer practical advice for homeowners looking to make strategic paint choices to maximize their home's appeal and resale value.
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