Did you know that a fresh coat of paint can increase your home’s selling price? Painting the outside of your home can lead to a 55 percent return on investment (ROI) while painting your home’s exterior can result in a 107 percent ROI, based on a HomeGain 2012 Top DIY Home Improvements for Seller survey.
Here’s a home seller’s guide on which paint colors you should use to maximize your returns on your property investment.
Amp your home’s curb appeal
Your house’s exterior will be the first thing that prospective buyers see, so you need to make sure that it looks great.
Stay away from bright colors, since these are often a personal choice. Brightly-colored houses may turn off some agents or house buyers. For your home’s exterior, It’s best to stick to a neutral color like white, light grey, or beige. These colors go with almost anything and are sure to boost your house’s curb appeal.
Follow the 60-30-10 percentage rule
Use no more than three colors when repainting your home’s exterior. Follow the 60-30-10 percentage rule: 60 percent is your house’s body, which is usually made of brick or stucco. The next 30 percent is made up of the garage doors and trim. If you’re eager for a pop of color, you can use it on the final 10 percent, which comprises the front door and shutters.
You can paint your window trim, front door, or garage yourself, but it’s best to leave painting your home’s body to a professional as this will be the most visible for sellers. It’s also quite a task to paint a whole house. If you do want to go the DIY route, make sure to use paint that is specifically designed for home exteriors .
Think cool and neutral
Neutral colors aren’t just a good option for your house’s exterior. They will also suit the inside of your home.
Think warm, neutral colors like beige, tan, and gray. This will let buyers easily imagine themselves living in your house, since these colors go with just about anything. Many housing experts advise that you steer clear of white, because it’s too stark. You can also consider cool colors like blue for a bathroom. According to Zillow, light blue bathrooms and taupe-colored livings are fairly common in houses that have sold above their asking price.
Prioritize the right rooms
Don’t worry if you’ve got a small or huge room inside your house. The correct paint can make a small room seem bigger and a large room look more welcoming. Paint a small room with a light or pastel color to make it appear larger. Make sure to paint the walls and trim the same color. If you’re looking to make a large room more inviting, opt for a darker or warmer color.
If you only have the budget to paint a few rooms, prioritize your kitchen, bathrooms, foyer, and entryways. You can buy a sample can and paint a small piece of the wall or a piece of cardboard to see if this color suits the space.
Know which paint type to use
Before you start painting, consider the type of paint that you use for different rooms. Paint has different types of sheens and finishes that affect how a color complements, contrasts, or establishes the tone of a room. Other considerations to take into account are how easily it can be cleaned and how well it holds up to humidity.
For broad walls, use paints with a flat or eggshell sheen, as they will cover up unevenness better than paint with a satin sheen. If you want paint that’s durable and stain-resistant, opt for paint with a satin or semi-gloss coat. Use this type of paint on trim and doors, which often collect dust and handprints.
You can also use semi-gloss or eggshell paint in the bathrooms, where there’s a lot of moisture. Invest in mid-tier or high quality paint, which will go on more smoothly than cheaper paint.
This first time home seller guide on painting your home is just the tip of the iceberg on what can be done for success in house selling. There’s a lot more to know.
If you’re looking for help in selling your homeColdwell Banker Traditions can help you sell your house fast in Williamsburg, VA. We’ve been keeping our word to our clients since 1885. Reach out to us by calling 757.229.9595 or sending an email to info(at)cbtraditions(dotted)com.