Hi Justin. Take a look at who the target market is for that home, and make it look like their ideal as much as possible. That's your best option, but it also means each one would be a little unique, and I understand that for investors, that might not make the most financial sense.
I represent a lot of buyers purchasing homes from starter-homes to luxury estates and there are some consistencies I've found with buyers who are house hunting.
There are some general guidelines that are helpful in most markets when getting a home ready for sale.
1. You want to keep features consistent as much as possible. Unless it's a luxury home, go ahead and use wall colors, flooring, etc. in few options and make your resale home look more like what you'd expect from cookie-cutter new construction. That's going to appeal to buyers, even if it sounds boring to you. So, rooms same color, flooring (no more than 2 materials), ceilings same color, cabinets in kitchen and bath the same (if reasonable), etc.
2. Gray is the new Beige! The hottest color trends, that are still traditional and appeal to the mainstream market, are to paint in light grays. White trim and doors still good. And for kitchen cabinets, that holds true as well. White cabinets are hottest right now, so if you have the option, go with white, to help your home look upmarket.
3. Once it's all painted, add some light touches of color and life with some silk plants and nice window coverings. Then it's ready to be listed for sale or for rent, without the necessity of extensive staging.
if it's a flip, you might want to mix it up a bit. take a look at the HGTV shows or the flipper websites and see what they do and just copy the color scheme.
for a rental, we just paint one color, but the flips are different.
Hi Justin. Take a look at who the target market is for that home, and make it look like their ideal as much as possible. That's your best option, but it also means each one would be a little unique, and I understand that for investors, that might not make the most financial sense.
I represent a lot of buyers purchasing homes from starter-homes to luxury estates and there are some consistencies I've found with buyers who are house hunting.
There are some general guidelines that are helpful in most markets when getting a home ready for sale.
1. You want to keep features consistent as much as possible. Unless it's a luxury home, go ahead and use wall colors, flooring, etc. in few options and make your resale home look more like what you'd expect from cookie-cutter new construction. That's going to appeal to buyers, even if it sounds boring to you. So, rooms same color, flooring (no more than 2 materials), ceilings same color, cabinets in kitchen and bath the same (if reasonable), etc.
2. Gray is the new Beige! The hottest color trends, that are still traditional and appeal to the mainstream market, are to paint in light grays. White trim and doors still good. And for kitchen cabinets, that holds true as well. White cabinets are hottest right now, so if you have the option, go with white, to help your home look upmarket.
3. Once it's all painted, add some light touches of color and life with some silk plants and nice window coverings. Then it's ready to be listed for sale or for rent, without the necessity of extensive staging.
Go to some of the local new home models, and look at their color scheme. These developers tend to put lots of thought into marketing and the details of what sells.
I initially thought I would go with different colors on different flips. Turns out it's much easier/safer to stick to known good colors. SW-Realist Beige, accent with Spalding Gray, off white trim, and ceiling bright white. It's basic but I have hear a lot of compliments on these colors!
I just returned from an investors summit with several guests from HGTV. 2 different groups said they use Revere Pewter by Benjamin Moore for their standard color.
Stay with Neutral colors all of which were mentioned above. If you are doing multiple rehabs stick with the same colors this will limit "leftover" paint.