High ROI Home Updates #5: Update that Interior Paint

Home Updates that Give You Exponential ROI

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A fresh coat of paint is one of the easiest ways you can update your home and receive a positive return on your investment; the best part is that very little training is needed! You can enjoy a 2-3X ROI for repainting your home.

The first step is picking your paint colors. To do this, assess the interior style of your home. Is your home, contemporary, traditional, transitional, or something else? The identifying traits of each style are below.

Contemporary:

• Colors: white, grey, dark brown, dark red, navy blue

• Flooring: dark wood or white tile

• Countertops: quartz or solid surface

• Kitchen Lights: pendant lights

• Light fixtures: flashy and sleek

• Finishes: satin nickel or chrome

• Furniture: sleek, simple with profiles and shapes

Traditional:

• Colors: light brown, blonde, and other earth tones

• Flooring: light wood floors or tile with an earth tone color palette

• Countertops: granite

• Kitchen Lights: canned lights in kitchen

• Light fixtures: unembellished light fixtures

• Finishes: oiled-rubbed bronze or satin nickel

• Furniture: traditional in comfort and design

Once you determine your home’s current style, decide if you want to change it or not. Currently, contemporary style homes sell better than traditional homes, however don’t use this generality to “over-improve” your home. If you’re trying to decide how to update your property (beyond paint on the walls), don’t hesitate to give us a call. Spending too much on certain aesthetics may end up costing you money by failing to give you the return on investment you’re looking for.

If you decide to go for a contemporary color tone, here are some of our favorite selections from Sherwin Williams, some of which Bryan recently selected for his own home.