Colors That Can Increase Your Home’s Value: A Guide for Homeowners
Charcoal Gray: The New Neutral
According to Zillow’s 2023 paint color analysis, today’s buyers are drawn to darker, moodier homes, with charcoal gray being particularly in demand. This versatile neutral can create a sense of drama and sophistication, and it pairs well with a wide range of colors, from jewel tones to pastels.
Avoid White Kitchens
While white kitchens have long been popular, Zillow’s research suggests that they can actually be detrimental to a home’s sale price. Instead, opt for a darker color, such as deep graphite gray or mid-tone pewter gray, which can boost your home’s value by thousands of dollars.
Other Colors to Avoid
In addition to stark white, there are a few other colors that you should avoid when painting your home if you want to increase its value. These include:
- Bright yellow
- Forest green
- Fiery red (in bedrooms)
Tips for Adding Color Without Painting
If you’re not ready to commit to a full paint job, there are other ways to add color and boost your home’s value. Consider:
- Adding art: Artwork can bring life and interest to any room, especially all-white kitchens.
- Incorporating greenery: Plants can add a touch of color and freshness to any space, making it feel more inviting and homey.
- Using textiles: Colorful rugs, curtains, and throw pillows can add a splash of color and personality to your home without the need for paint.
The Importance of Color Psychology
Color can have a significant impact on the way we feel and behave. When choosing paint colors for your home, consider the following:
- Gray: Gray is often associated with security and retreat, making it a good choice for bedrooms and bathrooms.
- Jewel tones: Jewel tones, such as teal, oxblood, and emerald, can add a touch of luxury and drama to any space.
- Warm tones: Warm tones, such as rosy brown, can create a cozy and inviting atmosphere.
Painting for Value
Painting is a relatively easy and inexpensive way to increase your home’s value. When choosing paint colors, keep the following in mind:
- Appeal to a wide range of buyers: Choose colors that are neutral and versatile, such as charcoal gray or pewter gray.
- Consider the location and style of your home: Certain colors may be more popular in certain areas or for certain types of homes.
- Don’t be afraid to make a statement: While it’s important to appeal to a wide range of buyers, don’t be afraid to add a touch of your own personality to your home.
By following these tips, you can choose the right paint colors to increase your home’s value and make it more appealing to potential buyers.