Money

These interior paint colors could boost your home’s sale price by $2,600, Zillow says

Are you looking to sell your home for the highest price possible? Well, according to a new report from real estate marketplace Zillow, paying attention to room paint colors can make a significant difference. In fact, the right paint colors can boost a home’s sale price by almost $2,600.

The report found that olive green is currently the hottest color for kitchens, with house hunters willing to pay up to $1,600 more for a kitchen with cabinets in this earthy tone. Sue Wadden, Sherwin-Williams director of color marketing, noted that olive green is a timeless and grounding color that evokes a sense of calm and sophistication. Sherwin-Williams offers paint shades like “Ripe Olive,” “Secret Garden,” and “Succulent” that fall into this color family.

In the bedroom, classic navy walls are the most desired by buyers, who are willing to pay an estimated $1,815 more for a home that features navy blue in this room. Wadden explained that navy blue adds depth and elegance to a space, working well in both traditional and modern settings.

To maximize the sale price of your home, it’s important to set aside personal aesthetic preferences, particularly in the bedroom. Staging your home by removing personal belongings and enlisting the help of a professional can help potential buyers envision the space’s potential, ultimately leading to a quicker sale.

Zillow’s research also found that buyers prefer living rooms in dark gray over lighter colors. A dark neutral color can boost a buyer’s offer by around $2,600. On the other hand, bright and playful colors like lemon yellow or scarlet red may draw attention but could potentially turn off buyers, leading to a decrease in the sale price.

In conclusion, when it comes to selling your home, paying attention to room paint colors can make a significant impact on the sale price. By choosing the right colors for key rooms like the kitchen and bedroom, you can attract more buyers and potentially increase your home’s value. So, if you’re looking to get top dollar for your property, consider incorporating these color trends into your home staging efforts.

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