Current:Home > InvestJohnathan Walker:This shade of gray can add $2,500 to the value of your home -TradeCircle
Johnathan Walker:This shade of gray can add $2,500 to the value of your home
Chainkeen Exchange View
Date:2025-04-08 00:50:53
If you're looking to sell your home,Johnathan Walker 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! (211)
Related
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Lawsuit accuses Portland police officer of fatally shooting unarmed Black man in the back
- Economy added robust 275,000 jobs in February, report shows. But a slowdown looms.
- Former president of Honduras convicted in US of aiding drug traffickers
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Man gets 142 years for 2017 stabbing deaths of Fort Wayne couple
- Wolfgang Van Halen slams ex-bandmate David Lee Roth's nepotism comments
- Save up to 71% off the BaubleBar x Disney Collection, Plus 25% off the Entire Site
- Buckingham Palace staff under investigation for 'bar brawl'
- A bill that could lead to a nation-wide TikTok ban is gaining momentum. Here’s what to know
Ranking
- The White House is cracking down on overdraft fees
- How Barry Keoghan Paid Tribute to Sabrina Carpenter at Pre-Oscars 2024 Parties
- Pierce Brosnan says 'Oppenheimer' star Cillian Murphy would be 'magnificent' James Bond
- Man convicted of 2 killings in Delaware and accused of 4 in Philadelphia gets 7 life terms
- Sam Taylor
- Read the Pentagon UFO report newly released by the Department of Defense
- Deal Alert: Get 25% Off Celeb-Loved Kiehl’s Skincare Products in Their Exclusive Friends & Family Sale
- Amy Schumer Is Kinda Pregnant While Filming New Movie With Fake Baby Bump
Recommendation
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Government funding bill advances as Senate works to beat midnight shutdown deadline
How to watch Caitlin Clark, No. 2 Iowa play Michigan in Big Ten Tournament semifinal
California school district changes gender-identity policy after being sued by state
Where will Elmo go? HBO moves away from 'Sesame Street'
Former MVP Joey Votto agrees to minor-league deal with Toronto Blue Jays
Officials say a Kansas girl was beaten so badly, her heart ruptured. Her father now faces prison
The US is springing forward to daylight saving. For Navajo and Hopi tribes, it’s a time of confusion