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These 4 colors can be the kiss of death when selling your home

Discussion in 'Real Estate & Other Investments' started by Scorpio, Oct 27, 2016.



  1. Scorpio

    Scorpio Скорпион Founding Member Board Elder Site Mgr Site Supporter ++

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    These 4 colors can be the kiss of death when selling your home

    By Megan Elliott
    Published: Sept 30, 2016 5:01 p.m. ET


    [​IMG] Shutterstock
    A fresh coat of paint is a fairly inexpensive way to refresh the look of your home; the average exterior paint job costs about $2,600, while interior paint costs $1,660, according to Home Advisor. But choose the wrong shade and you could wind up regretting it later. Paint your home with a weird color either inside or out and buyers might turn up their noses, even though repainting is a relatively easy fix.

    Fears of hurting a home’s selling price are likely one reason why many homeowners play it safe when it comes to paint colors, especially for a house’s exterior (restrictive HOA rules, which affect 20% of Americans, might be another). Favorite exterior color combinations include white and gray, beige and taupe, and slate and black, according to the 2013 National Home Color Survey.

    Neutrals also win inside the home. Hot interior paint colors for 2016 include grays and shades of white, along with natural-looking greens. The love for neutral or natural shades extends to buyers. When Zillow Digs analyzed photos of 50,000 recently sold homes, they found those with rooms painted in certain colors tended to command higher selling prices than expected. Homes with creamy yellow or wheat-colored kitchens, light green or khaki bedrooms, dove or light gray living rooms, and mauve or lavender dining rooms sold for $1,100 to $1,300 more than properties decorated with less popular colors.


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    “A fresh coat of paint is an easy and affordable way to improve a home’s appearance before listing,” Svenja Gudell, Zillow chief economist, said. “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.”

    Light grays and yellows may have been popular with buyers, but they had a much cooler reaction to other colors. Some of the interior paint colors they disliked might surprise you. Before you grab the paintbrush, check out this list of the four worst colors to paint your home.

    1. Off-white or eggshell

    Shades of white might seem like a safe bet when you’re at the home improvement store, but they aren’t guaranteed to be a big hit with buyers. Homes with off-white or eggshell kitchens sold for $82 less than Zillow estimated they would. Instead, people loved kitchens with a coat of wheat yellow paint on the walls, which boosted a home’s selling price by $1,360.

    You don’t have to give up gallery-white walls entirely, though. Painting a room white isn’t always a bad choice, especially if the space has great natural light, according to designer Emily Henderson. But if a space is small or dark (like some kitchens), white walls can make a room look “dead” and “flat.”

    2. Dark brown

    Dark brown walls didn’t resonate with buyers in Zillow’s study. Bedrooms painted dark brown sold for $236 less than expected, while using the same shade in a bathroom lowered the selling price by $469. The color is so disliked by some people that the Australian government considered using it on cigarette packaging to make smoking less appealing, according to the Sydney Morning Herald. (They went with a brownish olive green instead.)

    3. Terracotta

    It’s not quite as jarring as traffic cone orange, but even a more muted terracotta shade could depress your home’s selling price. Homes with living rooms painted the same shade as an inexpensive flower pot sold for $793 less than Zillow’s estimated price. Light gray was the preferred color in that room.

    The negative reaction to orange walls isn’t too surprising, considering surveys have found it’s one of the least-liked colors in the world. (Blue is the most popular color by far, followed by red and green.)

    4. Slate gray

    Gray is trendy color right now, but all grays aren’t created equal. While dove or light gray was a hit in living rooms, helping to boost a home’s selling price by $1,104, dark gray was a dud. Paint your home’s dining room a slate color and you could lose $1,112 when it comes time to sell. Instead, buyers favored shades of mauve, eggplant, and lavender in the dining room.

    (This article originally appeared on Credit.com.)

    http://www.marketwatch.com/story/th...-selling-your-home-2016-08-23?link=MW_popular
     
    ErrosionOfAccord likes this.
  2. mayhem

    mayhem A Different Perspective Silver Miner Site Supporter

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    Got a red door?
     
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  3. stonedywankanobe

    stonedywankanobe Gold Member Gold Chaser

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    Colors aside a good painter who cares about what he is doing is most important.
    1600 might buy material for an inside job but most homeowners really suck at painting from stuff I've seen.
    Perfect color scheme poorly executed = shit.
     
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  4. mayhem

    mayhem A Different Perspective Silver Miner Site Supporter

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    Indeed stony. When I was still in the remodeling and insurance damage repair most of my work was over on Palm Beach Island. I had met a painter who I had do my house twenty years ago. He only worked alone, but he did increditable work, and made it look so easy. A true Craftsman.

    He still is my best friend, and he only works about 7 to 8 months a year. Takes off on Nov first and enjoy's the winter here.
     
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  5. Merlin

    Merlin Gold Member Gold Chaser Site Supporter ++

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    My David was a professional home painter who charged his customers in Winnetka and Kenilworth $35 an hour for his services 40 years ago. Too much, you say? Perhaps, but his preparation work made cracks and defects in old plaster ceilings and walls disappear. He was by far the best at his craft of any man I ever met. And he could hang expensive custom wall coverings too. And he created faux wood finishes that were really beautiful. The efforts of a good painter who cares about what he is doing is of paramount importance.
     
  6. stonedywankanobe

    stonedywankanobe Gold Member Gold Chaser

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    Yes Mr. I've painted maybe 8 houses and will say you are quite correct Merlin. When you are meticulous during the prep work it carries over when it's time to paint and together they culminate in a result you can be proud of. Get careless and slop dog at either point and it looks like garbage.

    Never done the faux stuff guess I was a one trick pony but I really enjoyed it.

    As a carpenter mostly I always figured painters were making easy money, Bull stuff! Ain't nothing but work and most of it is just getting things ready for paint.

    Generally we got 3 bucks a foot when painting if we supplied materials. Using premium coatings the paint and other supplies always ran about a buck a foot and I was as slow as Christmas so if pop's and me cleared a grand a week each we were doing good.
     
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  7. toddkrejci

    toddkrejci New Member

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    It always surprises me that people cant see past a color of paint. As you pointed out, it is not an expensive fix.
     
    Howdy, Glasgow, Scorpio and 1 other person like this.
  8. Scorpio

    Scorpio Скорпион Founding Member Board Elder Site Mgr Site Supporter ++

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    The other term you would hear that is a true compliment is 'he is a good mechanic'

    the term being applied to brick layers, block layers, painters, electricians, HVAC's, etc. If you were deemed to be a 'good mechanic', that put you at a different level from your peers.
     
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  9. nickndfl

    nickndfl Midas Member Midas Member Site Supporter ++

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    Painted the old house for sale in Sherwin Williams' Beach House. Blackwell.jpg
     

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