It’s a fact – study after study proves that we equate color with emotion. The colors we chose for our homes are a public representation of how we see ourselves. But this can become a dilemma because not every potential buyer views colors the way you do.
Most realtors will recommend a fresh coat of paint for their client’s home. According to a 2009 survey done by HomeGain, a spend between $500 – $750 to paint your home increased your home price by an average of $1,500 to $2,000. That is at least a 250% return on investment!
Basic rule of thumb – Stick to single, neutral colors.
By keeping your colors neutral, buyers will be able to easily visualize their furniture in your home, as they are not influenced by busy, dark colors. Light, neutral colors bode well with online photos, which is the first place people check when looking for homes.
Always make sure that your paint has a fresh appeal, no dings, and no marks. If there are any, they should be repainted or touched up because this gives the feeling of a well maintained home.
The colors you chose have to be livable and appealing, you want a color where the buyer will come in and say that although it may not be their first choice, they can live with it.
Another good tip is to remove all the personal touches you’ve made within your home in an effort to make the place as impersonal as possible when staging your home for sale. The neutral-colored palette without all the clutter will help potential buyers envision how their personal taste can be implemented into the house.
If you have any doubts on the colors you have currently in your home, it may be worthwhile employing the services of a professional stager.
If you are planning to purchase a new home, or have any real estate related questions, let us help you. We have been in the real estate business for over 26 years. Call us on 604 913 1000, contact us and follow us on Facebook!