The Benefits of Staging Your Home
Home prices are up more than five percent since last year, and the demand for homes continues to grow. To sellers and flippers, this is great news because you can request high prices when the market is high. However, with the competition of more and more sellers commanding high prices, homes as is don't generate the ROI you might expect.
Allow your home to speak to potential buyers:
That's where staging comes in. A seller can invest a little bit of money into their sale and earn themselves a huge, huge return. According to the Real Estate Staging Association, homes which are staged before going on the market sell 73% faster, on average, than their non-staged counterparts.
Replacing your home’s kitchen or bathrooms can add to the property’s value, but making renovations can cost tens of thousands of dollars. There’s also no guarantee your improvements will attract buyers. Staging on the other hand, uses minimal dollars to pack a powerful punch.
The goal of home staging:
Home staging can improve the flow of your home, to eliminate clutter, and to make your home appear bigger and brighter. Essentially, your bumping up the perceived value of your home without putting a dent in your wallet.And, because most buyers now begin their home searches online, having your home professional staged appropriately can be crucial toward that first step of attracting an interested buyer. A non-staged home can present worse in photographs, closing the door on a potential buyer before they even leave their home.
Hiring a profession stager is the way to go
A professional stager will ensure your home shines in the key areas buyers look for. For example, buyers typically like to see bright rooms, so lighting is an essential part of staging a home. Lighting can make a home look bright and warm. In fact, many homes are improperly lit. To remedy the problem, increase the wattage in your lamps and fixtures, and don't depend on just one or two fixtures per room. Having three types of lighting in each room can go a long-- Ambient (general or overhead), task (pendant, under-cabinet or reading) and accent (table and wall).
Not sure where to start? If you don't want to work with a professional, inexpensive staging can result in big bumps to your sale price.
Painting: New paint can mask home odors while insanely brightening a room
Lighting: A statement light in the living or modern pendant lights of a kitchen island can instantly make a home feel high end
Remember, well-staged homes sell faster and at higher prices than non-staged homes. Do yourself a favor and set yourself up to receive top dollar. Need a hand with upgrades? Give us a call