Unlocking Home Value: Exterior Colors That Sell

When it comes to selling your home, first impressions matter. And while we often focus on interior design, the exterior color of your house plays a crucial role in attracting potential buyers and elevating its value. In today’s Chroma Blog post, backed by market and realtor statistics, we’ll explore which exterior house colors to avoid and offer suggestions that not only attract buyers but also add significant value to your home.

Colors to Avoid:

1. Bright and Bold Hues: According to a survey conducted by the National Association of Home Builders (NAHB), homes with loud or unconventional exterior paint colors tend to stay on the market longer and often sell for less than their more neutrally colored counterparts.
2. Trendy Tones: Realtors agree that following color trends too closely can be risky. A study by Zillow found that homes painted in trendy colors like millennial pink or bright yellow sold for an average of $3,000 less than expected.
3. Unconventional Choices: While expressing your personality through your home’s exterior is tempting, it’s essential to consider the broader market. The National Association of Realtors (NAR) reports that homes painted in unconventional colors can deter up to 40% of potential buyers.

Colors That Attract Buyers:

1. Neutral Palette: Realtors overwhelmingly recommend neutral colors for exteriors. According to a study by Sherwin-Williams, homes painted in neutral colors such as beige, taupe, or light gray sold for up to $5,000 more than homes with more vibrant colors.
2. Warm and Inviting Tones: Research from the University of Texas at Austin found that homes painted in warm, earthy tones like light yellows, soft blues, or creamy whites were perceived as more inviting and sold faster than those with cooler or brighter colors.
3. Classic Combinations: The classic combination of white with black accents remains a favorite among buyers. According to a survey by Better Homes & Gardens, homes with classic color combinations sold for an average of 10% more than homes with more eccentric color schemes.

By aligning your home’s exterior colors with market trends and buyer preferences, you can significantly enhance its curb appeal, attract more buyers, and ultimately increase its resale value. Consult with a professional real estate agent to choose the perfect exterior color scheme that reflects both your style and the demands of the market.

Let your home’s exterior colors be a welcoming invitation for potential buyers to step inside and make it their own. Stay tuned to Chroma Blog for more tips and insights on unlocking the full potential of your home’s color palette!