Small home improvement projects can increase your home's value, as long as they're the right projects. If you're looking to put your house on the market, it's even more important to be mindful of what upgrades or changes you make to your house. Even the color you choose can have an impact in a potential buyer's mind, giving a boost to the sale price of your home or turning off house hunters.
Real estate website Zillow released their 2018 Paint Color Analyses with some good tips for choosing the best colors for value throughout your house. One of the surprising things they discovered was that if you paint a front door a particular color, it can have a huge impact on a home's value. For example, they found that houses with black front doors -- with shades from charcoal to jet -- brought in $6,271 more than expected for a sale price.
"While cool, neutral wall colors like tan and light blue are still popular, we're seeing a notable shift in home design where pops of color--particularly in darker hues of blue and gray to even black--are becoming increasingly popular," Zillow home design expert Kerrie Kelly said in a release. "Contrasting colors, especially in kitchens and home exteriors, add interest and dimension to a room that plays very well in listing photos and videos."
Those contrasting colors are showing up in kitchens especially, where "tuxedo" kitchens cabinets are hot right now and can bring in $1,547 above the expected price. These kitchens feature a light wall color with white or light upper cabinets and dark navy or black lower cabinets or kitchen island cabinets. If your kitchen cabinets are in good condition, painting them with a paint designed specifically for cabinets is an easy and inexpensive way to update your whole kitchen's look. (Tip from someone who just painted cabinets: The cabinet paint takes a few coats and you must take the cabinet doors off to get the paint on correctly, but it's worth it.)
Cool and neutral interior colors are still popular, while previously fashionable colors like brown and red are no longer fashionable and can even decrease your sale price by $1,684 to $2,310.
Blue bathrooms are a hit and can bring in $2,786 more above your expected price, especially if it's a periwinkle blue or a blue with a gray tint.
And curb appeal is critical, too. If the exterior paint on your house is yellow, it might lower the sale price of the house by $3,408. Color fashions do change, but if you're getting ready to sell, staying neutral is a good plan.
A few weekend projects can give your house a whole new look and add value. Take some time to touch up walls, doors, and cabinets so that they are in good shape with a fresh coat of paint before you put your home on the market.