W earing the right color can make your eyes or buy-and-hold property the right color can add value. Yes, color is powerful enough to affect your pocketbook! But, it’s choosing the right color in the right place that is key to higher profits for investors. You want to make sure the value of your property goes in the right direction! Did you know that the right paint color can increase your property's value by thousands of dollars? While it might seem safe and easy to stick with neutrals and light colors on the walls of your investment properties, if you’re looking to sell, most potential homebuyers still want color. In fact, a paint color analysis from Zillow in 2018 found that homes with white walls dropped in price by $4,000. brighter, seeing a certain color can affect your mood, and painting your next flip, rehab project, Another area of the home for potential value-add is two- toned kitchen cabinets. If the lower cabinets are a bold color such as black or navy, you can see a price increase of ap - proximately $1,500. Also, Zillow’s analysis found homes with front doors that are a shade of black can increase a home's value by more than $6,000. Think Realty Supplier, Sherwin-Williams, has been committed to supporting homeowners and real estate
professionals with paint, flooring, and design expertise for more than 150 years. The company provides customers with resources to confidently choose colors, like their annual Colormix® Forecast and Color of the Year. As we say goodbye to 2020, we don’t necessarily need to stop using the 2020 Color of the Year, Naval, a bold navy blue that has quickly become a “new neutral” according to Sue Wadden, Director of Color Marketing at Sherwin-Williams. But, it is time to say hello to a new hue and begin incorpo - rating it in rehabs and remodeling projects.
THE 2021 COLOR OFTHEYEAR — URBANE BRONZE Each year, the Sherwin-Williams Global Forecast Team works to identify and re - search key trends that influence how people interact with color. “The use of color in interior design is changing—it’s not just about what a space looks like anymore, but the feelings a space can evoke. This year is causing us to pause and be mindful of how we are
2021 Color: Urbane Bronze
14 | think realty magazine :: december 2020
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