Current:Home > ContactEthermac Exchange-This shade of gray can add $2,500 to the value of your home -ProfitSphere Academy
Ethermac Exchange-This shade of gray can add $2,500 to the value of your home
Indexbit View
Date:2025-04-07 17:16:18
If you're looking to sell your home,Ethermac Exchange do yourself a favor and pick up that paintbrush and say adieu to white walls and vibrant hues.
A new study from real estate marketplace Zillow shows that dark gray interiors are in vogue among prospective homebuyers, potentially helping sellers rake in slightly bigger bucks on closing day.
Homes with rooms painted in dark, dusky shades commanded higher bids than those with lighter interiors, the study found. A home with a charcoal gray kitchen, for example, can sell for $2,512 more than similar homes, while dark gray in the living room or bedroom can bring in offers $1,755 higher than pale neutrals. By comparison, a white kitchen can lower a home's sale price by more than $600, Zillow's research found.
Prospective buyers are embracing moody, dramatic tones due, in part, to the influence of home improvement TV shows and social media. But that's not the only reason they're gravitating toward shades of dark gray, Mehnaz Khan, a color psychology specialist and interior designer, said.
Home as refuge
"Gray is the color of retreat," Khan said in a statement. "As we come out of the pandemic and return to our hectic lives, buyers want home to be a refuge. They want to withdraw and escape from the uncertainty of the outside world, and rooms enveloped in dark gray can create that feeling of security."
Zillow's researchers surveyed 4,700 recent and prospective homebuyers across the U.S. to assess their color preferences. Buyers were shown images of homes with interiors and doors painted in one of 10 or 11 colors. The colors were then rated based on buyers' perception of each respective home, how likely they were to tour the homes and how much they'd be willing to pay for them.
Charcoal gray scored the highest in the study, meaning that the color was linked to homes that received the highest bidding offers. But it wasn't the only color buyers were willing to shell out for, according to the report. Bathrooms painted in terra-cotta brown could boost a home's sale price by $1,624.
A relatively low-cost way to spruce up a space, painting is an extremely popular project among homeowners. Interior painting was the most popular home improvement project in 2021, with roughly 32% of households reporting they'd undertaken some form of painting project, according to an Angie's List report.
- In:
- Home Prices
- Real Estate
- Home Sales
- Homeowners
veryGood! (42142)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Nikki Haley's husband featured in campaign ad
- Pritzker signs law lifting moratorium on nuclear reactors
- Mick Jagger's Girlfriend Melanie Hamrick Shares Rare Photos of Rocker With His 7-Year-Old Deveraux
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- What's making us happy: A guide to your weekend viewing and gaming
- Slovak president says she’ll challenge new government’s plan to close top prosecutors office
- Baltimore’s light rail service suspended temporarily for emergency inspections
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
Ranking
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Texas shooting suspect Shane James tried to escape from jail after arrest, official says
- Baltimore’s light rail service suspended temporarily for emergency inspections
- High-speed rail projects get a $6 billion infusion of federal infrastructure money
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
- Taylor Swift’s Eras Tour is the first tour to gross over $1 billion, Pollstar says
- Driver strikes 3 pedestrians at Christmas parade in Bakersfield, California, police say
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Indonesia suspects human trafficking is behind the increasing number of Rohingya refugees
As UN climate talks near crunch time, activists plan ‘day of action’ to press negotiators
Utah attorney general drops reelection bid amid scrutiny about his ties to a sexual assault suspect
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Boaters plead guilty in riverfront brawl; charge dismissed against riverboat co-captain
Drinks are on him: Michigan man wins $160,000 playing lottery game at local bar
What's making us happy: A guide to your weekend viewing and gaming