DPHA Members' Blog - July 12, 2019

Each week DPHA publishes a new post to our Members' Blog. This blog is available to DPHA members only. As a DPHA member you may use this content as your own in any of your marketing efforts, including your website, emails, newsletters and more. Use images of spaces you've designed to accompany content and insert your market territory, showroom name and contact information as applicable.

I Guess That's Why They Call It the Blues

 

Little did Sir Elton John ever consider that his 1983 hit, I Guess That’s Why They Call It the Blues, would have an entirely different meaning in 2019, especially when relating to the color blue and its impact on the value of your home. There are numerous factors that affect home prices, most notably, location, school district, access to public transportation, and the date and extent of remodeling projects, among others. However, a recent Zillow analysis found that a fresh coat of paint in the right color may help sell a home for more money. Zillow discovered that homes with rooms painted in shades of blue or light grey may sell for as much as $5,400 more than those painted white. In its Paint Color Analysis, Zillow looked at more than 32,000 photos of recently sold homes to determine how certain colors affected average sale prices compared to similar homes with white walls.

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