Paint­ing a bath­room this colour in­creases your home’s value by …

The Hamilton Spectator - - STYLE - KELSEY CLARK Do­maine

Colour psy­chol­ogy prob­a­bly doesn’t af­fect your life on a day-to­day ba­sis — un­til you’re try­ing to sell your home, that is. The colour of your walls can actually raise or lower the value of your prop­erty, a dol­lar amount that changes an­nu­ally along with the year’s colour trends. Zil­low re­cently ex­am­ined over 32,000 pho­tos of sold homes around the U.S., dis­sect­ing how cer­tain colours im­pact their clos­ing price. Here are the dos and don’ts of paint colours in 2017, as orig­i­nally re­ported by Mar­ketWatch.

DO:

Keep it light. “Paint­ing walls in fresh, nat­u­ral-look­ing colours, par­tic­u­larly in shades of blue and pale grey, not only make a home feel larger, but are also neu­tral enough to help fu­ture buy­ers en­vi­sion them­selves liv­ing in the space,” said Zil­low’s chief econ­o­mist, Svenja Gudell. Homes with blue bath­rooms, specif­i­cally lighter shades of blue or peri­win­kle, brought in roughly $5,440 more than ex­pected. Sim­i­larly, light blue-grey kitchens sold for $1,809 more, while nat­u­ral hues like oat­meal and pale grey con­sis­tently over­per­formed.

DON’T:

While a yel­low kitchen brought in $1,100 more in 2016, the sunny hue is now low­er­ing your home’s value by an es­ti­mated $820. Sim­i­larly, walls with no colour at all (read: stark white) had the most neg­a­tive im­pact on sale prices. “Homes with white bath­rooms, for in­stance, sold for an av­er­age of $4,035 less than sim­i­lar homes,” noted Zil­low. Fi­nally, ter­ra­cotta walls con­tin­ued to slash a home’s value by $2,031 — a $1,000 in­crease from last year.

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