Home staging is a great way to help your home look its best when preparing to list it for sale. What is home staging? It’s a term that describes making a house or apartment more attractive for prospective buyers, often through minor touch-ups such as painting rooms and decluttering closets. Here are some benefits of staging your home when you plan on selling.
1. A quicker and more profitable sale
You could be moving soon, thinking of moving to a smaller place, or maybe you’re downsizing and want to get top dollar for your current property. Whatever the case, staging your home can draw in potential buyers and help you sell faster. Homes are often sold at a higher profit through staging for the following reasons:
- The price is higher because it’s easier to sell
Sellers are often able to sell their homes faster through staging because buyers are more attracted to staged homes. While buyers may be willing to pay the same price for a home, they will often ask for more money if it is produced properly. There are also higher asking prices when homes are displayed in front of a potential buyer because of the effect of perceived value.
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- The time it takes to sell is shorter
The general rule of thumb is that if a home is staged, it will sell faster than unfurnished or un-staged homes. One of the studies found that staged homes sold 2.6 times faster than similar homes without production.
- The home looks more appealing and sentimental
Staging can make your home look like it was made for you, which gives it that extra touch of convenience and comfort. Putting a family’s life in the home you’re selling is often one of the most challenging aspects of selling a home, but with a well-arranged staging plan, you can make this easier and faster!
- It’s cheaper
Staging your home can be beneficial and cost-effective. If you hire a professional to do it right, and there are many ways to get quality (and inexpensive) services, you could save thousands of dollars in advertising costs.
2. Better first impressions
People consider a lot of things when they are checking out your house, and the first thing that comes to mind is how it looks. It’s a quick way to gather information on potential buyers’ wants, which is a definite asset when trying to sell your house. You might think it takes very little time and money for your home to sparkle, but there are special tricks involved in making it look beautiful and brand new. These tips on staging a home can help you, and your house stands out from the rest.
3. It gives your home a competitive edge
With the surge in the popularity of staged homes, staging has become one of the most popular ways to sell a home. If you want to capitalize on this, you should make sure that your home is ready for sale by staging it and giving it that extra “oomph” it needs to get noticed among other homes for sale in your area.
4. The buyer can see the home as their own
One of the things that people like about staged homes is the fact that it’s easy to imagine yourself living in them. It doesn’t only look attractive to buyers, but it also makes you feel comfortable and get a good vibe about the house you’re selling. If the buyer gets this chance, they won’t be asking for massive changes when they move in, which means you’ll save money on renovations and other purchases needed for them to move in!
5. Perception of a bigger home
People often think a more prominent home will automatically get more money for sale, but this is not always the case. If you want to sell your home faster and at more than your asking price, then you could add some staging to your home. The proof? Staging can help any property look as if it’s bigger than it is.
As you can see, staging your home can benefit you as the homeowner and prospective buyer. The best part is that you don’t have to spend a lot of money on this venture, but just a little extra effort and consideration in making your home look attractive will surely attract more potential buyers.