Real estate reveal the paint that lower home Value

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Real Estate

A group of real estate experts has revealed the paint colors that could cause your home to plummet in value—warning prospective sellers about the power of a first impression when it comes to offloading a property.

There’s nothing like a fresh coat of paint to give new life to an old (or not-so old) home. A new color palette can transform a place from blah to beautiful, and it’s especially effective as a quick tool when preparing a home to sell.

But beware! Choosing the wrong paint colors can also have the opposite effect and turn off buyers.

It’s enough to cause a lot of confusion; but if home value is the goal, then there is an array of hues you should steer clear of completely.

The value of painting a house, inside and out
First, when looking for cost-effective ways to give your pad a makeover, paint is the easiest way to quickly update your home with a brand-new look. But what about cost?

Expenses can vary widely, but an exterior job that boosts curb appeal will set you back as much as $6,000, or as little as $1,000.

Factors that determine the cost include the paint quality, home size, and number of stories, which may require scaffolding to finish the job.

Read more: https://nypost.com/2024/11/11/real-estate/real-estate-experts-reveal-the-paint-colors-that-decrease-your-home-valueand-tricks-for-finding-the-perfect-hue/