If you are considering putting your home on the market, realize that it will take some preparation to get your home up to show quality. Experience is proving that when a home is staged, it can bring in up to many thousands of dollars more than the asking price. Also, staging helps in all types of markets.
When there are a glut of homes for sale in an area, what they call a buyer’s market, the home that’s staged is more noticeable to buyers, and the price for it can’t be low-balled the same as a house that doesn’t look as good.
Alternatively, in what they call a seller’s market, when there are few homes for sale and real estate is in high demand, staged homes again stand out, often attracting numerous offers. In this way, the price can get driven up as buyers compete with each other for the home. Either way, the homeowner who took the time to stage comes out the winner.
What Does Home Staging Mean?
Home staging can mean different things. Everything from just de-cluttering a home, or a rearrangement of furniture, up to making minor repairs, or even completely emptying the house and renting new furniture, are all considered efforts to stage a home. It appears that the more effort, and money, one puts into staging the home, the more they are repaid for their efforts when the home sells. Not only that, staged homes tend to sell much more quickly than as-is homes.
While many people these days are choosing to hire a professional home stager, and whether or not you can afford that is up to you. Professionals certainly have good ideas, and the experience to know what works and what doesn’t. However, there’s no reason you can’t do the prep work yourself, with a bit of research and applied effort.
There area few key elements to home staging that tend to be universal. First and foremost, getting rid of excess furniture and knick knacks seems to be key. A cluttered house becomes invisible to a viewer, blanketed under the accumulation of the life of another. If necessary, rent storage for all your extra stuff. If you have a storage room, empty it, or set it up to look like an office or weight room, to highlight features you don’t use, but someone else might love. Sometimes all that’s needed is an objective rearranging of your things to create more space and order.
Another key area is repairs. Don’t launch into major renovations, but do fix up really obvious minor flaws, especially around the front door. First impressions are key. Keep in mind that people viewing your home will likely open cupboards and closets. Repair squeaks and sticks so they don’t notice a problem. Since doorways have a tendency to get worn, consider new paint.
If you’re planning to sell your home, you might want to do a little research online to help with your staging ideas, or even look into hiring a professional in your area. No doubt you’ll be glad you did.