One of the best ways to make sure that your home sells as quickly as possible for the highest possible price is to stage it to look exactly like a potential buyer would want it to.
Staging your home can be difficult for many homeowners because you will have to put aside your own personal preferences in favor of more common homebuyer tastes, but staging can make all the difference when a potential buyer walks in the front door for the first time.
The most common question that many home sellers ask when it comes to staging is, “How much does it cost?”
Like many popular real estate questions, the answer is not as simple as we would like. Staging a home can cost anywhere from $0 to tens of thousands of dollars, depending on how much needs to be done and how much you are willing to spend.
Of course, the goal should be to spend as little as possible while still delivering the best return on your investment.
Your local Carrington Real Estate Services agent can help you figure out where and how much you should invest in staging based on their knowledge of what local buyers are looking for.
If your agent feels like your home needs more help than they can personally render, they might suggest you hire a staging professional to assist.
Regardless of your budget or location, there are a few low-cost staging principles that apply to just about every type of home and real estate market. Even if your budget for staging is tight, here are some simple, low-cost ideas that can help make your home more appealing:
One of the easiest staging tactics you can implement right away is to eliminate as much clutter from the home as possible. Potential buyers want to be able to see themselves enjoying living in their new home, and that will be hard to do if there is clutter everywhere. Pack away as much of your stuff as possible, including taking things off of the countertops and hiding all the kids’ toys.
Most real estate agents will agree that an immaculately clean house will command a much higher price point and sell much faster than a comparable house in the same neighborhood that isn’t as clean. That means you should be going through your house with a fine-tooth comb and making every detail look spotless. Having the carpets cleaned and making sure the baseboards and ceiling fans are dusted is a big help here! You should also make sure that all the bathrooms are spotless.
Another easy staging option is to reduce the amount of furniture in the house. Many homes are prone to have too much furniture crammed into each room, and eliminating some of that furniture will make the rooms feel bigger when potential buyers walk through them. You don’t have to get rid of your favorite love seat though! Just rent a storage unit and keep it there until you are ready to move it into your new home.
Nothing makes a room feel clean like a fresh coat of paint. This is a fairly inexpensive way to give your home an updated feeling. While you might love your blood red dining room, it could be a huge turnoff for a buyer that might have been ready to make an offer, so make sure you stick to light, neutral colors that will be appealing to most potential home buyers and save the wild colors for your new house.
Define a Purpose
Another obvious staging concept that is often overlooked is the need to define a purpose for each room in the house. An extra bedroom can make a great nursery, home office, or workout room, but if you have a desk, a crib, and a treadmill all crammed into the same room the buyers won’t know what to make of it. You want your potential buyers to see the home as they would want it, so pick one use for each room and get rid of anything that doesn’t fit that description.
After working through all of those home staging concepts, you will be on your way to having a much better chance of selling your house.
Depending on your goals, home value, and budget, you can spend anywhere from next to nothing to tens of thousands of dollars on staging your home.
Keep in mind that the goal here is to get the best return on your staging investment.
For more advice on staging your home to maximize its market value, your local Carrington Real Estate services agent can answer any of your questions!