This Easy and Cheap Trick Boosts Your Home Value by $1,300+

Photo (cc) by NancyHugoCKD.com

If you’re selling your home, take note: Your kitchen paint color can have a big impact on your home’s final sale price.

Homes with a kitchen painted in yellow – specifically creamy or wheat yellows – can command up to a $1,360 premium. That’s according to a new study from Zillow Digs, which analyzed more than 50,000 sold homes across the United States to determine how room and color combinations can impact homes’ sale price.

In addition to wheat yellow, homes painted with warm, earth tones like sage green and dove gray also sold for more money than expected. Meanwhile, dark paint colors like slate gray and terracotta actually brought down a home’s sale price by as much as $1,100. The study also suggests that white kitchens can have a negative impact on a home’s sale price.

In the bedroom, light green to khaki paint colors commanded the highest sales price while mauve, lavender or eggplant in the dining room also boosted a home’s value.

“A fresh coat of paint is an easy and affordable way to improve a home’s appearance before listing,” says Svenja Gudell, Zillow chief economist. “However, to get the biggest bang for your buck, stick with colors that have mass appeal so you attract as many potential buyers to your listing as possible. Warm neutrals like yellow or light gray are stylish and clean, signaling that the home is well cared for, or that previous owners had an eye for design that may translate to other areas within the house.”

Slapping a fresh coat of paint on your kitchen or another room in your house is isn’t difficult and it’s usually fairly cheap. According to HomeAdvisor, hiring someone to paint a room in your house can range from $380 to $790, not including trim, ceiling and the cost of the paint, but you can do the job yourself for around $200.

Check out “6 Tips to Increase Your Home’s Value” and “4 Home ‘Improvement’ Projects That Can Hurt Your Property Value.”

What are your favorite home colors? Share your comments below or on our Facebook page.

How to find cheaper car insurance in minutes

Getting a better deal on car insurance doesn't have to be hard. You can have The Zebra, an insurance comparison site compare quotes in just a few minutes and find you the best rates. Consumers save an average of $368 per year, according to the site, so if you're ready to secure your new rate, get started now.

Read Next
11 Secret Uses for Everyday Items That Will Save You Money
11 Secret Uses for Everyday Items That Will Save You Money

These are simple solutions for life’s irritations.

Never Buy These 19 Things at a Grocery Store
Never Buy These 19 Things at a Grocery Store

These household necessities are overpriced at the grocery store. Here’s where to get them cheaper.

10 Tools You Need for Financial Stability
10 Tools You Need for Financial Stability

Have these tools and accounts in place so you can weather whatever comes your way.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.

Trending Stories