Color of house’s walls can af­fect it at clos­ing

Northwest Arkansas Democrat-Gazette - - STYLE - KELSEY CLARK

Color psy­chol­ogy prob­a­bly doesn’t af­fect your life on a day-to-day ba­sis — un­til you’re try­ing to sell your house, that is. The color of your walls can ac­tu­ally raise or lower the value of your prop­erty, a dol­lar amount that changes an­nu­ally along with the year’s color trends. Zil­low re­cently ex­am­ined more than 32,000 pho­tos of houses that sold, dis­sect­ing how cer­tain col­ors af­fect their clos­ing price. While some of the don’ts from 2016 still stand, 2017 has ush­ered in brand­new swatches of prof­itable paint col­ors. Here are the dos and don’ts of paint col­ors in 2017, as orig­i­nally re­ported by Mar­ketWatch.

DO: Keep it light. “Paint­ing walls in fresh, nat­u­ral-look­ing col­ors, par­tic­u­larly in shades of blue and pale gray, 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. Houses with blue bath­rooms, specif­i­cally lighter shades of blue or periwinkle, brought in roughly $5,440 more than ex­pected. Sim­i­larly, light bluegray kitchens sold for $1,809 more, while nat­u­ral hues like oat­meal and pale gray con­sis­tently over­per­formed.

DON’T: While a yel­low kitchen brought in $1,100 more in 2016, the sunny hue is now low­er­ing your house’s value by an es­ti­mated $820. Sim­i­larly, walls with no color 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 ones,” Zil­low said. Fi­nally, terra-cotta walls con­tin­ued to slash a house’s value by $2,031 — a $1,000 in­crease from last year.

TNS

Paint­ing a bath­room a light shade of blue could bring a higher price at sale time.

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