Have you every wondered whether staging a home is really worth it? Coming in at an average cost of $1,096, staging isn’t cheap. However, think of staging as an investment because staged home sell quicker and for more money.
What is Staging?
When a potential buyer walks into your home, you want them to be able to imagine themselves living in the space. Staging involves hiring a professional to decorate your home in a way that will show it off in the best light. Furniture put in by a stager will be placed in a way that creates an illusion of the most space in smaller rooms. It will show the buyer how they could set up an oddly shaped room where they may not be sure of what they best layout is. Even large rooms when left empty or poorly setup can turn buyers off as it doesn’t feel homey and may seem like a daunting task to fill up.
Staging also doesn’t necessarily have to involve completely refurnishing a home, depending on what you have and are willing to leave throughout the selling process. Decluttering and painting rooms are a great way to freshen up a home without breaking the bank and are often recommended by professionals.
According to the 2019 Profile of Home Staging, the most important room to stage is the living room, followed closely behind by master bedroom and then the kitchen. The least important rooms to stage are the guest and children’s bedrooms. Keep this in mind when considering staging a home as it may only be worth it for you to stage the first three key rooms.
Advantages of Staging
One of the biggest advantages of a staged home is that they sell 73% faster. Staging will also likely increase the value of your home, with a potential return of $400 for every $100 spent. Staged homes overall sell for up to 17% more! Staging is about making your home appeal to the widest range of buyers and clearly, it pays off.