There’s a quick and easy way to increase the value of your home, and almost everyone can do it… Paint.
That may not seem like a revelation, but we’re not done.
Fresh paint adds instant appeal, and it’s one of the simplest DIY projects. But did you realize that your choice of color could have a significant impact on your resale price? Of course most reasonable people understand that painting the bathroom an unconventional color can have a negative impact. A new study from Zillow, however, has found that even mundane choices can have surprising results.
White is NOT all right.
Despite it’s popularity, it turns out white (or even off-white) is the single worst color you can choose to paint the bathroom.
On average, homes with a white bathroom sold for $4,035 less than comparables. White has long been a favorite of designers with it’s clean feel, but it can also seem sterile or clinical. If you were considering a fresh coat of crisp white before listing, better put down the brush!
The best value is BLUE.
According to the study, a case of the blues is exactly what you need.
Homes with blue bathrooms, often found in hues of powder blue or light periwinkle [pictured],sold for $5,440 more than expected, the highest sales premium of all colors analyzed.
Blue bathrooms have never gone completely out with designers, although they have been overshadowed by white. With the recent trend of white on white on white, they may be leaving buyers snowblind from the sheer absence of color.
According to Zillow expert Svenja Gudell the pale blues and neutrals make the space feel larger, and allow a prospective buyer to imagine the room as their own.
And there’s still room for white. Just not on the walls.
Incorporating light blue in kitchens and bathrooms may pay off especially well as the color complements white countertops and cabinets, a growing trend in both rooms.
So by simply painting your white bathroom periwinkle blue, you could conceivably raise the value of your home by almost $10,000! Seems well worth a gallon of paint and some elbow grease!