The exterior of your home plays a major role in the interest of potential buyers. The exterior is usually the first part potential buyers notice, and the color of your exterior can play a big part in whether or not your house sells.
Now you may be asking the questions, how does the exterior color or siding of your home impact its resale value? What types of colors offer the best resale value and make buyers more likely to buy your home? What colors should you not choose for your home?
The Importance of Curb Appeal
If you are planning on putting your home in the market these next couple of weeks or months, don’t forget about the importance of your home’s curb appeal. This includes everything from the landscaping to the front door to the siding, which all contributes to the first impression for home buyers.
As soon as potential buyers drive up to your home, they will get either a positive, negative, or neutral reaction. If they have a negative first impression, it could take a lot to change that impression. For many home buyers, the look of the exterior of a potential home is high on their list.
When the exterior of your home is well maintained, updated, and looking clean, then it is likely that potential buyers will receive a positive first impression. When giving a positive first impression, this means they are more likely to buy, making them feel welcomed as soon as they step into your home making that feeling stay with them the entire time.
Ensuring your home has proper landscaping also makes your home competitive with others in the market. Many home buyers will look at potential homes online before they decide to see them in person. Seeing a beautiful photo of your home online will attract more potential buyers, putting your home as number one on their list.
How Exterior Color Impacts Home Value
The color of your home’s exterior plays a big part in its curb appeal. With an impactful, beautiful curb appeal, you can list your home at a higher asking price. Now the question, how does the color add or take away from your home’s value?
When you are looking for the right color for your home’s exterior, you have to take a few factors into consideration:
- The atmosphere of the neighborhood: if you live in an eccentric neighborhood, you could paint your home a more unique color. However, if you are surrounded by more conservative or traditional homes, it would be more acceptable to paint your home a color that is more neutral and does not stand out as much.
- Architectural style: the color you choose your siding and trim to be, should match the style of your home. For example, a more colonial, traditional home would look great with a more neutral color, such as a soft white, grey, or even dark blue. However, if you have a home on the lake, your house may look great with a pop of color, like green or red.
- Homeowner’s Association requirements: if your neighborhood has a homeowner’s association, they might have restrictions on how your home looks. Be sure to follow those requirements if you are changing the color of your home’s exterior.
Of course, as a homeowner, you can choose whichever color you desire, these are just tips that would be best for your home. Especially when selling your home to someone else, it is good to always stay somewhat traditional because the potential buyers could not always have the same taste.
Best and Worst Siding Colors for Resale Value
While you can choose to paint your home any color, some are better than others when it comes to selling and resale value. You may love your home with yellow siding and orange trim, but potential buyers may not feel the same way.
Here are some of the siding colors that offer the best resale value for your home:
- Shades of blue: the best shades of blue are on both ends of the color. Deep blues add a gorgeous tone to your home and lighter blues look great on some styles of homes.
- Grays: you can never go wrong with any shade of grey for your home. Grey looks great with almost any architectural style and can be used with a wide variety of other colors, too.
- Light neutrals: an off-white or wheat color is a better pick than pure-white for your home’s exterior. Light neutrals are a great choice because these colors go great with other darker neutrals, updating and enhancing the detail of your home’s exterior.
- Light browns: some darker browns can give a boring and dull look to your home, but a light brow, such as a beige, or taupe adds a welcoming, soft feel to your home.
The siding colors to stay away from may seem obvious, but if you choose these for your home it will make your home look out of place, driving potential buyers away. Here are a few shades to avoid when picking a color for your home’s exterior:
- Bright Blue
- Mustard yellow
When looking to sell your home, always remember to keep it traditional and something that everyone would love. You want your home to be something that you love but you also and want it to be something that attracts a wide variety of potential buyers.
If you are considering updating the siding of your home before you put your home on the market or you are just looking to add new siding for yourself, Sunset Ridge Exteriors has a wide selection of wonderful, reliable colors to choose from. Contact us today to see how we can help you add to your home’s exterior, influencing its overall value in a positive way.