Monday, December 20, 2021 / by Lynn Boyarski
When you’re getting ready to sell your home, you’re always on the lookout for ways to increase your home’s value and get more money in your pocket. There’s the old standbys, of course, like the kitchen remodel, updating the backyard, redoing the bathrooms.
But there’s one quick fix that can seriously boost your home’s value: paint! A recent study by Zillow found that buyers were willing to offer $5,000 more when a home was painted certain colours.
It seems so simple, but paint can really change the feeling of your entire home. Just imagine repainting a bright red kitchen with a cool grey. It would make the room feel totally different with just one change. And the best part? Painting a room is fast and inexpensive compared to other renovations.
Here’s how you can get the most bang for your buck by painting your home.
- Avoid bright colours. Not only do many buyers dislike bright colours, it can also really date your property. If you can think back to when your paint colours were in style and trendy, it’s probably time to repaint.
- Stick to calming colours in the bathroom and bedroom. Buyers love light blue bathrooms and moody, dark blue bedrooms according to Zillow’s study.
- Keep it neutral, especially in the kitchen and living room. We all know how fickle trends are, but you really can’t go wrong with a fresh neutral. Right now, buyers are loving a modern crisp white or cool grey.
When repainting your space to bring in the most value, keep your palette to cool, timeless colours that lean more towards classic than trendy. These colours will appeal to the most buyers and make it easy for people to picture themselves in the home.
Want our opinion on how to boost your home’s value? Contact us and let’s set up a time to chat!