DID YOU KNOW THE COLOUR OF A ROOM CAN AFFECT A BUYER'S INTEREST?

did you know the COLOUR of a ROOM can affect a buyer's interest?

Dive into our latest insights on how specific hues can make or break buyer interest. Full details below!

When it comes to selling your home, the choice of interior paint colours is more crucial than you might think.

According to research by Zillow, certain colours can significantly impact the sale price of homes. For instance, homes with light blue bathrooms have been shown to sell for $5,400 more than expected, highlighting how favourable this colour is among potential buyers (Zillow MediaRoom).

However, it's not just the bathrooms where colour plays a vital role. Bedrooms painted in dark blue also seem to encourage higher offers, reflecting a trend where deeper, richer colours can potentially increase a home's appeal and selling price (Zillow MediaRoom).

Interestingly, while pale and neutral interior paint colourst end to increase a home's sale price overall, opting for bright and vibrant colours might not be as beneficial. In fact, homes with brightly coloured bathrooms were less appealing to buyers, which could deter their interest in viewing the property (House Digest).

Moreover, Zillow's analysis extends beyond just interior colours. For example, exterior colours also play a significant role, with homes featuring a 'greige' (a mix of grey and beige) exterior paint selling for considerably more than houses painted in other hues (Zillow MediaRoom).

In conclusion, selecting the right paint colour is not only a matter of aesthetic preference but also a strategic decision that can influence the financial outcome of selling your home. By choosing wisely, sellers can create a welcoming ambiance that resonates with buyers and potentially increases the property's market value.

For more detailed insights on how paint colours can influence home values, check out the full report on Zillow here: https://zillow.mediaroom.com/2021-07-15-Homes-With-Light-Blue-Bathrooms,-Dark-Blue-Bedrooms-Could-Sell-for-Up-to-4,698-More-Than-Expected

And on House Digest: https://www.housedigest.com/1416887/ways-paint-color-affect-home-resale-value/

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Posted on Thursday, Aug 01, 2024
Disclaimer: The views, information, or opinions expressed in this blog post are for general information purposes only and should not be relied upon. You should seek professional advice from your accountant, financial institution, etc, specific to your situation