With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional.Real estate
Homes With This Color Sell For 5400 More
Homes with this color sell for $5,400 more
If you're thinking of re-painting or re-modeling your bathroom, it might be a good idea to keep in mind re-sale value when making your decisions. Whether you're thinking of selling soon or not, it's good to be aware of what colors might impact the value of your home. According to Zillow's 2017 paint color analysis study, certain colors added thousands of dollars to the value of the home while other colors actually reduced value by thousands.
So here are the findings:
Powder blue or Periwinkle bathrooms sold on average of $5,400 more. For the exterior of the house, Griege homes sold for $3,496 more than homes with a different color. For the front doors, homes with dark navy blue or slate gray sold for an extra $1,514.
Here are some traits that detracted from value.
Being too style-specific, or too personalized. Terracotta walls showed a $2,301 drop in value. Surprisingly no color at all, with white walls sold for $4,035 less! Check out the diagram below for some more tips, and keep this in mind when doing your next remodel.
Raul Acuña - Raul has been in the Real Estate Industry since 2005. Raul began working at an REO brokerage before opening his own REO company in 2010. Raul has a business degree from Cal Poly Pomona, ....