So wouldn’t you want to know which popular kitchen color would MAKE you about more than $1400 when you sell your home and which could COST YOU that same amount? Given that if you are an investor, you’re probably going to be painting a few kitchens along the way, those numbers could quickly add up. I’ll tell you which color will cost you and which color can tack a hefty chunk of change onto your price tag in just a minute, but first I want to take a minute to mention an EXCITING piece of news: the FAA has finally taken some conclusive action on drone regulations, which means all of you investors, agents, and other professionals who had to stop using drones for listing pictures and videos because the FAA was threatening to come after people clearly abusing their personal drones for real-estate-related benefit can now start using them again – with certain restrictions, of course. This is our government after all!
Anyway, you can get all the details on the new regulations on our website at www.rei.today in the news and networking section. Check it out, then charge up those batteries and start filming! That’s www.rei.today.
Now, back to the kitchen color decision that will really shock you. According to Zillow and their gazillion online listings full of information about kitchen colors (yes, I’m serious, not kidding, and this is why I love them even when I don’t love their zestimates), homes with yellow kitchens sell, on average, for $1,442 more than homes with white kitchens, all other things being equal! That’s right: if your home has a yellow kitchen, then you’ll quite possibly make more than $1,400 more than your neighbor with the same home and a white kitchen when you sell your property. That’s pretty exciting!
But before you break out the egg-yolk yellow, let’s get clear about what Zillow really means when they say yellow. If you’re not in the mood for an abusively brilliant ray of sunshine on your wall first thing in the morning, don’t worry. In fact, Zillow noted that what they termed “yellow” actually appeared on the wall as quote “creamy or wheat-colored yellow” rather than the primary color you might have been thinking of. White was also not only traditional white, but also off-white and eggshell, and it was the least popular kitchen color, actually detracting an average of $82 from ANY HOME regardless of the kitchen color comparison.
With numbers like that for the kitchen, imagine what painting the BATHROOM the wrong color could do! Well, you don’t have to imagine for long, because I’m going to tell you right here that the wrong choice in the dining room could cost you more than $2,000 and the bathroom alone could cost you nearly $800. You can get the full rundown of the best and worst color decisions, by room, in the REI Today Vault at www.rei.today/vault, and if you’re not yet a member, don’t worry! Just text REITODAY no spaces no periods to 33444 and I’ll provide you with fast, immediate access to the color-decision report as well as a lot of other timely, insightful, PRACTICAL information that will help make your investing safer, faster, and more profitable.
And folks, remember, when you join the Vault you join our community, which means you have the opportunity to network with me, my guests, and your fellow listeners across the country. So go ahead right now and text REITODAY no spaces no periods to 33444 or visit us online at www.rei.today/vault.
REI Nation, thanks for listening in and please always remember this:
Your best investment is your own education.
Carole Ellis is the host of Real Estate Investing Today, a popular 9-minute daily podcast focused on educating real estate investors about the important topics that will make their investing SAFER, FASTER, and MORE PROFITABLE. She's also the editor of the Bryan Ellis Investing Letter. She has more than a decade's worth of experience in and reporting on the real estate industry and, additionally, has written dozens of courses on the topic. Carole lives in Kennesaw with her husband, Bryan, and four children. She believes wholeheartedly that your best investment is always your OWN education.