How to Increase Your Home Value (2024)

It’s easy to underestimate the power of color when it comes to home décor. But the right front door color can have a dramatic effect on your home’s value, both in terms of curb appeal and overall charm. Zillow research shows that homes with slate blue or charcoal gray doors sell for as much as $6,000 more than expected—and yellow, light blue, and red doors aren't far behind.

The best part is that you don't need to spend big bucks on renovations or repairs to reap these rewards; all you need is a can of paint! In this article, we'll discuss why certain colors are popular choices among homeowners looking to add real value to their property – from increasing curb appeal and creating a welcoming atmosphere to adding character and modernizing an older building. So whether you're planning on selling soon or just want your house to look its best for years ahead, read on for our expert tips about how choosing the right front door color could be one of the most cost-effective investments you ever make.

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Introducing Zillow’s Color Research

Zillow's research has revealed that the color of your front door can have a dramatic effect on the value of your home. A well-chosen front door color can add real value to a house in multiple ways, including increasing curb appeal, adding character, and creating a welcoming atmosphere. Zillow’s Front Door Color Research provides homeowners with insight into popular colors that are known to bring more value to homes and explains why they are such attractive choices.

The Benefits of Choosing the Right Color

Having the right color can make a huge difference in the overall look and feel of your home. Zillow’s research shows that specific colors have an impact on the perceived value of a home. The right choice can instantly increase a prospective home buyer's interest, adding value to your property as well as creating a warm and inviting atmosphere for prospective buyers.

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Slate Blue Or Black Doors Are The Big Winners

When a home was decorated with a front door painted in slate blue, it not only captivated buyers - it enticed them to offer $1,537 more on average! This chalky light blue-gray hue earned the highest overall score from prospective and recent purchasers. A slate blue front door makes an impression! The striking black front door has been proven to cause a dramatic rise in the offer price for any home; buyers are reported to have an average increase of up to $6,449 and are willing to pay more than usual when this bold entryway is present.

Be Careful With These Front Door Colors

Buyers often found certain front door paint colors unattractive and even said they would pay less for them; a pale pink front door, in particular, was described as "kind of shabby looking" with an average estimated price reduction of $6,516. Cement gray front doors ultimately came in last place concerning buyers' preferences. So if you're planning to sell your home soon or sometime further down the road - don't forget that one simple coat of paint and choosing the right door paint color, can affect the home's ultimate sale price and make all the difference!

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Conclusion

Zillow’s research has shown that doors painted with the right front door color can have a dramatic effect on your home value. Different colors bring different levels of vibe, character, and atmosphere to homes - from increasing the perceived value to creating an inviting welcome for visitors. Slate blue or black is a great choice if you're looking for maximum impact, while pale pink and cement gray doors should be avoided as they could potentially reduce the offer price. Ultimately, when it comes time to sell your house, selecting an appropriate front door color is one of the most cost-effective investments you can make to add real value and charm to your property. So remember: pick wisely!

How to Increase Your Home Value (2024)

FAQs

What increases the home value the most? ›

Maintaining a property and making home improvements help increase the resale value of your home. Minor remodeling to major renovations in the kitchen and bathroom are particularly beneficial. Replacing outdated features through strategic projects significantly boosts its worth and resale value.

What adds $100,000 to your house? ›

Consider adding a family room, an additional bedroom, or even a home theatre to make the most of the space. Update your landscaping: A well-manicured lawn and beautiful landscaping can add curb appeal and value to your home. Consider planting some flowers, shrubs, and trees to enhance the look of your property.

What actually increases property value? ›

Factors that can increase your home or property value

Nearby amenities, local laws, street art, and more can also increase your home's value — without impacting your homeowners insurance. While remodeling is one quick way to add value to your home, it can cost you when you update your home insurance policy.

What holds value in a house? ›

A home's value is affected by local real estate trends, the housing market, the home's condition, age, location and property size.

Do solar panels increase home value? ›

Do solar panels increase the appraisal value of a house? Yes, solar panels increase the appraisal value of a house by 4.1% on average, according to a study conducted by Zillow. These values vary based on your location and the strength of your local solar market.

Does a new roof increase home value? ›

Value Report found that the average American homeowner spends $22,636 on a new asphalt shingle roof of midrange quality. That new roof will increase the home's value by $15,427, on average. That works out to 68 percent of the investment.

Do ceiling fans increase home value? ›

They keep air moving, make for cooler, more pleasant home environments, and are highly desirable to prospective buyers. Minor upgrades like ceiling fans contribute to your home's overall marketability and selling price. Equip your home with ceiling fans throughout the main living areas to capitalize on their value.

What exactly does an appraiser look for? ›

The appraiser will be looking at your home's features, age and condition, then compare it to other similar homes in the area and what they sell for. Because your home's value is based on the value of similar homes in the area, the local market will have a big impact on your appraisal.

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