Lena Rivera
Painting your home grey can increase its value, but it is not a guarantee. Zillow's research found that dark grey interiors correlated with higher offer prices compared to white in every room of the homes sampled, with participants scoring colours based on their perception of the home, the likelihood of touring it, and the price they would pay. Homes with a deep graphite grey kitchen were estimated to sell for $2512 more than similar homes, while a mid-tone pewter grey kitchen was expected to command $2553 more. Dark grey living rooms and bedrooms were forecasted to bring at least $1755 more. However, this may be because homes painted with grey were probably updated within the past decade, and most likely with more extensive modernisations such as updated kitchens and baths, which impresses buyers. Grey is also a safe, neutral colour that appeals to a broad range of tastes and can make a home appear larger and more inviting. On the other hand, grey bathrooms are not preferred, with earth tones such as terracotta brown being more sought-after.
| Characteristics | Values |
|---|---|
| Painting your home grey | Can increase its value |
| Grey paint in the kitchen | Can increase the value by $1,800-$2,553 |
| Dark grey paint in the bedroom or living room | Can increase the value by at least $1,755 |
| Grey and navy blue exterior | Creates a modern, stylish appearance |
| Grey and white exterior | Creates a modern, sophisticated appearance |
| Grey front door | Can decrease the value by $3,365 |
| White bathroom | Can decrease the value by $4,035 |
| White interior | Can make the home appear larger and more inviting |
| Neutral colours | Appeal to a broader range of tastes |
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What You'll Learn
Dark grey wall paint can increase home offers by up to $2512
Painting your home is an easy and cost-effective way to increase its value and make it more appealing to potential buyers. Zillow's research reveals that dark grey wall paint can increase home offers by up to $2512. This is because buyers associate colour with the modernity of a home. A fresh coat of paint indicates that a home is modern and well-maintained, while faded or outdated paint suggests that a home may need repairs.
Zillow's study surveyed over 4,700 recent and prospective homebuyers across the United States, presenting them with images of homes painted with various interior colours. Participants scored the colours based on their perception of the home, the likelihood of touring it, and the price they would pay. Through this method, Zillow discovered that a kitchen painted in a "deep graphite grey" increased offers by up to $2512, while a "mid-tone pewter grey" kitchen increased offers by $2553. Dark grey tones in the bedroom or living room also performed well, with offers of at least $1755 more.
However, it is important to note that while grey walls can increase a home's value, it is not a guarantee. The impact of paint colour on resale value depends on various factors, including the quality of the paint, the overall condition of the home, and the taste of potential buyers. For example, while some buyers may be drawn to the modern and sophisticated appeal of grey, others may find it cold and dreary. As such, it is essential to consider other design elements, such as scale, texture, colour contrast, and warmth, to create a balanced and inviting space.
Additionally, while dark grey walls can increase offers, a cement grey front door can decrease the value of a home. Zillow's research found that a grey front door yielded $3365 less than a door painted a different colour. This highlights the importance of colour contrast and creating a cohesive and attractive exterior.
Overall, when preparing a home for resale, it is beneficial to consider the impact of paint colour on its value. While dark grey walls can increase offers by up to $2512, it is essential to complement the grey with other design elements and create a well-maintained and modern appearance that appeals to a broad range of buyers.
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A cement grey front door can decrease value by $3365
Painting your home in the right colours can increase its value. Zillow's research reveals that a dark grey or navy blue front door can add an average of $1514 to the asking price. Similarly, a blue-grey kitchen can sell for $1800 more than kitchens in other colours. Zillow's analysis also found that dark grey interiors can increase home offers by as much as $2512.
However, a cement grey front door can decrease the value of your home by $3365. This is because colour is a powerful visual signal to buyers about whether a home is modern and well-maintained or tired and in need of work. While grey is a soothing colour with an organic feel, it is important to use it in the right places.
When it comes to the exterior of your home, a well-maintained, modern, and cohesive look can attract more interest and command a higher price. Neutral colours like white, grey, and beige are generally a safe bet as they appeal to a broad range of tastes. Grey has become increasingly popular in recent years, and when paired with white trim, it creates a modern and sophisticated appearance.
On the other hand, dark grey paint in bathrooms is not popular with buyers, who prefer earth tones such as terracotta brown. White bathrooms can also be off-putting, with Zillow's research finding that homes with white bathrooms sold for an average of $4035 less than similar homes.
Overall, while grey can be a stylish and appealing colour for your home, it is important to use it strategically and avoid colours that may decrease its value, such as a cement grey front door.
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Grey and white exteriors create a modern, sophisticated look
Grey and white exterior colour schemes create a modern, sophisticated look for your home. Grey is a versatile colour with many shades that can complement the architecture of your home. A grey exterior can modernise any home and, according to Zillow, a light grey exterior with beige and white trim is an attractive colour to new homebuyers.
A grey and white exterior can be a classic and timeless look, as seen with Dutch Colonial-style homes that traditionally use light grey siding with white trim. White trim can also be used to highlight architectural details such as portico columns, window trim and balcony railings. A grey and white exterior can also be a bold statement, with darker shades of grey creating a dramatic and graphic look.
A grey exterior with white trim is a popular combination, but you can also flip the script and use dark grey paint to define the intricate architectural details of a white home. A grey exterior can be paired with a bright and colourful front door to create a cheerful focal point. A grey facade with a bright yellow front door is an eye-catching combination.
Modern grey exterior colour schemes often use texture to create intrigue, with different siding styles such as shake, lap and board and batten. A dark grey colour intensifies the texture, creating an invigorating appearance. White trim, gutters and soffits can be used to break up the architecture and create contrast.
Grey and white exteriors can be paired with other colours to create a sophisticated look. A grey exterior can be complemented by a tonal palette of dark and silvery greys on siding and shingles, a timeless choice that works well in a rural setting. For a more daring aesthetic, Benjamin Moore's Chelsea Gray, a sophisticated medium grey, can be paired with Seapearl, a subtle off-white, for contrast.
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Grey and navy is a stylish, modern combination
Painting your home's exterior and interior in certain colours can increase its value. Zillow's research revealed that the most attractive colour to new homebuyers is somewhere between light grey and beige, or "greige". Dark grey tones in the bedroom or living room can also increase the value of your home. However, dark grey paint in bathrooms is not preferred by prospective buyers.
If you're looking to increase your home's value, grey and navy is a stylish, modern combination that can help you do that. This colour combination can create a modern and stylish appearance that stands out without being too bold. For instance, a navy blue wall with light to medium grey accents can make your home stand out in a competitive real estate market.
In addition to the exterior, you can also use this colour combination in your living room. A navy blue sofa with dark grey walls and a rug that brings the colours together can create a colourful and interesting contemporary interior space. Gold accent accessories and furnishings can also be added to the grey and blue living space to make it chic and stylish.
If you're looking to wear this colour combination, grey and navy is a perfect partnership that goes hand in hand with elegant tailoring and classic lines. Combining neutrals doesn't have to be mind-boggling, and since grey and navy are both neutral shades, they work well together.
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Grey kitchens can sell for $1800 more than other colours
Painting your home in the right colours can have a significant impact on its value and appeal to buyers. Zillow, an online real estate giant, has conducted paint colour analyses to determine which exterior and interior paint colours add the most value to a home during resale.
Zillow's research revealed that homes with blue-grey painted kitchens sold for over $1,800 more than kitchens in other colours. The study included 3,076 participants across Canada who had bought a home within the past two years or planned to buy one within the next two years. Each participant was shown four homes with images of the interior, with each room randomly assigned one of ten colours.
In addition to blue-grey kitchens, Zillow's research also indicated that kitchens with upper and lower cabinets of different colours, known as "tuxedo cabinets", are also popular. Buyers were willing to pay more for homes with these colour schemes.
When it comes to the exterior of a home, paint colour can also make a difference in its resale value. According to Zillow, a light grey to beige or "greige" exterior is the most attractive colour to new homebuyers. It gives a soothing and organic feel to the house. Adding a contrast with darker colours on shutters, front doors, and trim can also create a stylish and appealing look, increasing the home's value.
Overall, it is essential to be strategic with paint colours when putting a home on the market. Colour plays a significant role in a buyer's impression of a home, and the right colours can boost its value.
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Frequently asked questions
Not necessarily. In fact, Zillow's research found that dark gray wall paint can increase home offers by as much as $2512. However, gray paint in the bathroom was found to be unappealing to prospective buyers.
Neutral colours like white, beige, and light blue are popular choices that can make your home appear larger and more inviting.
Exterior paint can enhance your home's curb appeal and attract more potential buyers. A well-maintained, modern, and cohesive exterior can command a higher price in the real estate market.
Yes, it's important to consider design elements such as the scale of furniture, rugs, and accessories, as well as the use of texture and contrast. Seeking advice from an interior designer or colour consultant can help maximise your home's value.
