Increase home value – research reveals painting the front adds value

increase home value

Tamara Kelly
Originally from June 2, 2020

The sums show the power of colour persuasion and how it can increase home value

As the property market opens up again, if you’re looking to put your house on the market it could be worth your while painting your front door first. It could, in fact, be worth up to £4000! This is one way to increase home value affordably.

low commission home sales in red deer

That’s right, new research reveals the difference a front door colour can make to your home’s value.

To give homeowners an advantage when selling their home Ideal Home looked at potential aspects that could affect the value of a property. The housing experts found one of the key elements to affect the value of a house is the colour of your front door!

If you are planning to buy or sell a home in Central Alberta check in at often. One very important stat to understand as a buyer or seller is M.O.I. – months of inventory.

increase the value of your home affordably

So which colour front door adds the most value to a property?  The research revealed blue is the most valuable front door colour to have, adding an average of £4,000.

Shortly behind blue is white , which adds roughly £3,400 to the value of a house.

Unsurprisingly brown is the least valuable, decreasing property value by an average of £700. Baring colour influence in mind a property expert advises those looking to sell to avoid ‘extreme colours’ and keep things ‘neutral’.

‘Extreme colours for doors are great if you want to inject your personality into your property but aren’t great for selling houses’ points out Alex Willcocks of Burbeck Interiors. ‘I would recommend painting your front door a neutral colour. Or for a more modern property, opt for a more contemporary style as a focal point.’

Read the full article here –