The colour that you paint your home could add to its value but get it wrong and you could lose out!
It’s not just the colour on the inside, the colour your paint on the outside is also important and believe it or not, so is the colour of your front door! And, remember it’s not just about what you do to your home, your neighbours could also cause you to win or lose out.
According to The HomeOwners Alliance research, if your home is on a street of colourful homes it can be worth an average of 20% more than the plain properties close by. Others even go as far as estimating it could be up 65% more when compared to surrounding brick, white or pebble-dashed homes. That’s not to say that everyone should rush out to paint their homes an eye-catching colour!
Let’s Start with the Door
Sellhouse Fast discovered that it is not just the wall colour that counts – the colour of your front door is equally as important! According to Environmental Psychologist and Wellbeing Consultant, Lee Chambers, your door colour reveals more about you and your personality than you may think.
While blue is more appealing than white and brown is a definite don’t go there! According to this London based study, your door could add £4000 to the value of your property! However, it isn’t just about injecting your personality into your property, it is also about sympathy for the surrounding properties and general area too. Let’s face it, the colour and style of the door should take into the age of the property and style. After all, what you can get away with on a modern or contemporary building in central Milton Keynes wouldn’t have quite the same impact on a quaint cottage in Wicken! Equally, that delightful fuschia pink may work in a seaside resort but it may not stand out for the right reasons on a street in Deanshanger!
Move onto the Outside
The Main Street in Tobermory on the Isle of Mull is filled with colourful houses. It looks gorgeous and it fits with the landscape perfectly. While owners may get annoyed with the number of tourists taking photos, they’ll love the 12% price difference between their homes and other less colourful local streets.
Just like the door and your rooms inside, choose your outside colour carefully. What works in Tobermory may not work on the gorgeous terraced houses in Stony Stratford or Wolverton. And, if you live in a listed building or conservation area you may need a listed building consent to change the external character. Whatever, your choice, colours work differently in bright sun when compared to a dark rainy day. The direction your house faces, north, south, east or west can also affect the way the colour works. Blues and greens are believed to work better on north and east-facing walls, whereas redder or yellowy shades work for south and west walls.
Surveys also remind us that the state of repair of your home is as important for sale as the size of rooms, garden and parking. This is why it is so important to invest in good quality trade paints when it comes to painting your exterior walls. They’ll not only hold their colour better but they’ll also give superior weather protection. Expect most exterior wall paints to last for between 10-15 years before they need a repaint.
Inside also needs careful consideration because 4 out of 10 British people base their purchase value on the colour scheme. The reaction is to reduce the offer price by up to £5000 for poor colour choice or walk away. A good lick of paint before a sale will add value as a newly decorated property is likely to sell more quickly and people will offer more.
Most interior designers recommend neutral and earth tones as a starting point. The definite no, nos in this colour game are the really bright in-your-face neons and electrifying colours. Equally bad choices include blacks, lemon and scarlet. A more tasteful bold colour starting point will also depend on the age and style of the house. A townhouse with high ceilings can get away more easily with bolder, darker colours than a small thatched cottage with small windows.
Painting may start out as fun but for the average homeowner, it soon becomes tedious and boring! After sanding another door, filling yet more holes and picking drips off the carpet, you’ll usually reach the point when you realise there are valid reasons for professional painting and decorating services.
Depending on the size of your house or flat it can take anything from a couple of days to a couple of weeks to complete the inside. The outside will take even longer. Many decorators base their prices on a day rate and an estimate of how many days it would take to complete the agreed number of rooms. These days, estimates suggest you should expect to pay £16o – £240 per day without materials. The average 3 bedroomed home usually takes up to about a week with a maximum price of £3,000 or less with materials. It’s best to talk to your painter directly rather than just based on an internet price because they will take into account other factors too:
- preparing and pre-cleaning the walls
- removing wallpaper and filling holes
- replastering if needed
- checking if ceilings need coating
- preparing the woodwork and removing old paint
- treating stains and damp
For outside work, your price may include the hire of scaffolding and other safety equipment.
To find local painters, decorators and plasterers: