Can you post a picture? At first blush, that should be a nice color.
it all depend on if its a flip or a rental, if its a rental it doesn't really matter. but if its a flip you may had made a mistake, when dealing with properties you want to keep everything neutral colors .
@Mandi Martinez , Mistake or no mistake... You will ultimately be OK, so breath :) haha
It is hard to say without seeing it but, generally speaking, on flip properties we want to keep things like fixtures and colors as basic and neutral as possible. The main reason being that the more "custom" or "loud" we go we can actually limit the size of our buyer pool. Think of a custom paint job on a car... picture bright colors or even hand-painted pin stripes or flames... this can often reduce the amount of people that will even stop to look inside or test-drive it. It may be a high quality car but the visual aesthetics may simply not be as appealing to some. There may be 200 people searching for that make, model, and year of car but maybe only 10 of them that think flames are still cool. That being said, if you do end up having fewer showings or offers... paint is cheap! As a wise man once told me, "a coat of paint will hide a great deals of sins." I wish you well and a fast sell
depends a LOT on where you are located. Fast/Strong markets are mostly decided by $/ft2 and overall condition of the place. Weaker markets are more based on emotion, in which case you may grab someone's fancy with blue, or perhaps only Yellow-House buyers are there... in which case you'll be waiting
Instead of fretting over a decision made, move forward with other decisions that need making. Later, if you decide to change paint, you can change paint
Interesting color I like it. We have a few $700k+ homes near us that have their vinyl siding close to that & it beats white & the other bland also-rans.
One of my investor friends painted his HUGE duplex bright 'oops paint' blue because the city insisted he paint it or get cited.
But definitely not as bad as this one that was repainted this year & for some reason has not sold YET!!!.
In my whole county there are 400 deals a year. In Tampa alone 9K+. In my market I would never paint in blue/red/yellow. Only tan and grey colors. In Tampa i think you will manage to get away without repainting the exterior.
Hi Mandi. As a designer who does staging consults for resale and has just gotten into flipping myself I would like to field this one for you because it is much more complicated than just color choice. I disagree with your contractor that "as an investor it's not smart to go with blue". Blanket statements should never be made about real estate, design, or life in general for that matter. It truly depends on your market! There have been some highly unscientific "studies" that show that blue houses sell for less, but these did not analyze individual markets, architectural style or appeal of varying shades of blue. Additionally, architectural and decorative features of the home usually figure heavily into whether or not blue is acceptable and should be considered as well.
To illustrate take a look at these these stunners below:
I don't think anyone would disagree that these are all highly marketable properties and they are all done in various shades of blue. The first is a Coastal home, second Tudor and third Craftsman cottage. Notice that white was chosen as a trim for each of these which sharpens the look and breaks up the color, and there is significant architectural and design detail that makes these homes interesting.
Now, look at these homes:
Not horrible, but an old metal awning and iron railings on the porch and no architectural detail make this blue house less appealing. Notice the color of the house is not the problem here. A new portico and craftsman columns on this porch would really boost the curb appeal, as would some plantings to soften the look of the foundation.
Again, you can see the color is not the problem with this house. An overgrown bush, yard ornaments and odd bicolor door and trim add to the lack of appeal here. The two siding orientations don't help either. I would change the siding where it was hung vertically to something more eye catching like shakes or board and batten, add some beefier white trim around the window and door, paint the front door black and clear out that front yard. Voila! Cute blue cottage.
I think you picked a beautiful blue, but if you are feeling uneasy about it, analyze the other details of the facade to make sure the color isn't falling flat. You don't have to spend a mint! Often it's small changes that make the most difference. I hope this helps and good luck. Let me know if you need any clarification.
@Mandi Martinez , while it may be true that it is often safer to go with neutral color schemes on a flip, you only need ONE buyer that likes the color you chose. Don't worry, the color isn't going to make or break your deal.
Got to see pix to really know.....
Originally posted by @Mandi Martinez :
I’m on my very first flIP and every single decision gives me anxiety because I do not want to make the wrong choice. So far I think I have done well with picking floors and indoor paint, cabinets, etc... BUT I think I may have screwed up with the exterior paint. I picked blue, and after painting it my contractor tells me “as an investor it’s not smart to go with blue”. So now I’m second guessing every decision I have made including the exterior paint. I chose the color because I really wanted the house to catch people’s eye and not just be a boring beige and I would have done grey except there is a lot of grey inside the house and I just thought making the house grey would just be grey overkill. I’m sure this is probably a silly topic to most experienced investors so I apologize, but it’s my first flip and I don’t know a good rule of the thumb for this stuff. Like fans or light fixtures in which rooms and how to make sure everything flows together in scheme (modern, contemporary, industrial, etc) and how to pick the right colors.
P.s the color is sherwin Williams “poolhouse”
- I like the blue.
- Every contractor I've encountered loves to dole out unsolicited investment advice--if they were such great investors they'd be doing that instead of their day job. Most of the advice is terrible anyway. I've learned that part of the business we're in having the confidence to know when to stay the course. Occasionally they'll mention something I hadn't thought of, but for the most part they're just yapping.
This house is your vision. If you like it, stick with it!
Yeah. I don't think you can post a picture from the app...
@Mandi Martinez I'm glad you actually took a breath! haha Totally understand how stressful those first properties can be. Reach out if you ever need some help/advice. I'm no expert, but I love building healthy relationships with other investors. Plus, my wife and I actually have some ties to FL. Also, my mom went through radiation years ago... Thank you for the work that you're doing with patients like her in your "real" job.
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