Can My Home’s Exterior Color Affect My Home’s Value?
Painting your home is one of the best return on investment (ROI), home upgrades you can make when preparing your home for sale. Even if you’re just repainting to protect your property with no plans of selling any time soon, repainting still remains the cheapest and most transformative process of home maintenance you do to your house.
However, like fashion, not all paint colors are in season. The wrong paint color for your home can have a negative effect on your home’s value. On the flip side, painting your home with the right paint can significantly increase your home’s value during resale and enable you to sell your home faster.
In this article, we take a look at the effect on the colors you choose to paint your exterior and how this affects your home’s value. Read on to find out which colors you should avoid and which ones you should embrace.
Go for the Safest Colors
While you cannot possibly meet the needs and preference of each of your potential buyers when it comes to exterior color selection, picking colors that are widely accepted by the majority is a safer bet. With that is mind, here are some of the safest colors to consider:
White –White is perhaps one of the most popular home exterior colors that often times goes unnoticed. It’s however, one of the most preferred by most homebuyers according to Zillow’s 2017 Paint Color Analysis report. White generally brightens up your property, makes your house bigger and allows the next homeowner to enhance the color theme by adding different shades to the trim and accents.
Neutral –While white is a popular and safe exterior color, some homeowners might find your fully white home to be featureless and uninteresting. Using neutral colors on your exterior is a clever way of introducing color while still staying within the safe zone that appeals to most buyers. Some of the most popular neutral colors you can use include beige, cream, tan, and varying shades of gray.
You can use any of these colors to add interest to your exterior and highlight some of the best features. Combining gray on the siding, white on trim and tan on accents, for instance, can make the exterior more appealing to a majority of home buyers. You can accent your front door with a pop of dark color, such as black or deep brown for an elegant and sophisticated look.
Dark Colors –When planning to sell your home, dark colors are generally not encouraged since most of them might fall out of favor with many potential buyers. Dark colors might only be appropriate if you live in a more established, older home or are surrounded by homes that predominantly embrace dark color themes. Some of the popular dark colors you can give a try include dark hues of gray, blue and tan.
Home Exterior Colors to Avoid
The popularity of colors depends on many factors including personal preferences, color trends, season, geographical location, and prevailing market preferences. However, there are still unpopular colors that might reduce the value of your home to a greater extent when painted on your exterior. Some of the colors to avoid include shades of pink, brick red, straw yellow, dark greens, and any exceedingly dark and bold pellets.
The Bottom Line
Before repainting your home for reselling, Consider consulting a professional, such as a painter, Paint Company. If you need help repainting your home in Moorestown, Mt Laurel, Cherry Hill, Haddonfield, Voorhees, Evesham, Medford, or Tabernacle, we can assist.
Our trained and experienced painting crew will be more than happy to help you choose the best colors that will increase the value of your home and enable you to sell it faster. Request a free quote or give us a call 609.953.0944 today to get started.