• CMG MORTGAGE, INC. NMLS #1820

Avoid These Paint Colors When Selling Your Home

  • February 28, 2017

A fresh coat of paint on your home’s interior or exterior is a relatively inexpensive way to revitalize your home when it is on the market.  An exterior update can rejuvenate an older home and interior paint jobs can add dimension and diversity to the rooms.  According to the Institute for Color Research, people tend to judge an environment within 90 seconds of initial viewing, based strictly on its color.  Avoid these swatches when you are repainting your home for sale. 

Off-White or Eggshell

While shades of white may seem like a safe bet, statistically they do not work.  Zillow reports that homes with off-white or eggshell kitchens sold for $82 less than the estimated value.  White walls can make small spaces look smaller and create a flat ambience.

Dark Brown

This unappealing shade also lessens the value of the home.  Homes with dark brown bedrooms and bathrooms sold between $230-$460 less than their estimated value. 

Terracotta

Homeowners prefer this shade of flower pot more than traffic cone orange; however, it is just as poorly received.  Homes with terracotta walls in the living room sold for almost $800 less than their estimated value.  In fact, global surveys report that orange is one of the least-liked colors in the world.

Slate Gray

Gray may be trendy right now, but homebuyers prefer the lighter side of the palette.  Homes with slate gray dining rooms and living rooms sold for approximately $1100 less than their estimated value. 

  

Source: Credit.com, Home & Living CheatSheet,  MarketWatch

Carlos Aguilar
Loan Officer
NMLS # 791382
Branch NMLS # 1211319

Carlos Aguilar

PHONE: (949) 864-8131
carlosa@cmgfi.com

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