Current:Home > MyPoinbank Exchange|This shade of gray can add $2,500 to the value of your home -MoneyMatrix
Poinbank Exchange|This shade of gray can add $2,500 to the value of your home
Chainkeen View
Date:2025-04-08 08:07:53
If you're looking to sell your home,Poinbank 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! (2564)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- This Next-Generation Nuclear Power Plant Is Pitched for Washington State. Can it ‘Change the World’?
- The origins of the influencer industry
- Inside Clean Energy: How Should We Account for Emerging Technologies in the Push for Net-Zero?
- Intellectuals vs. The Internet
- DeSantis seeks to control Disney with state oversight powers
- 'We're just at a breaking point': Hollywood writers vote to authorize strike
- He 'Proved Mike Wrong.' Now he's claiming his $5 million
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Contact is lost with a Japanese spacecraft attempting to land on the moon
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Despite Layoffs, There Are Still Lots Of Jobs Out There. So Where Are They?
- Kate Spade 24-Hour Flash Deal: Get This $250 Crossbody Bag for Just $59 and a Free Wallet
- Whatever His Motives, Putin’s War in Ukraine Is Fueled by Oil and Gas
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Netflix’s Seven Husbands of Evelyn Hugo Movie Reveals Fiery New Details
- Whatever His Motives, Putin’s War in Ukraine Is Fueled by Oil and Gas
- Election skeptics may follow Tucker Carlson out of Fox News
Recommendation
Nearly half of US teens are online ‘constantly,’ Pew report finds
Why zoos can't buy or sell animals
Sue Johanson, Sunday Night Sex Show Host, Dead at 93
Well, It's Still Pride Is Reason Enough To Buy These 25 Rainbow Things
B.A. Parker is learning the banjo
Maryland Gets $144 Million in Federal Funds to Rehabilitate Aging Water Infrastructure
CNN announces it's parted ways with news anchor Don Lemon
Election skeptics may follow Tucker Carlson out of Fox News