Published November 4, 2019
Staging Your Home
Here are 5 reason on why staging your home is very important
Staging a house for sale can be a time-consuming process. According to some experts, it may cost you anywhere from $200 – $2,000, depending on how much work is needed. But is it really worth the time and expense? Does it really make a difference? In a word … yes! Here are 14 reasons why you should stage your house before you try to sell it.
1. You’ll Increase the Likelihood of a Sale
When selling your home, the goal is to sell it fast and for the highest possible price. You can increase your chances for success if you stage your house before listing it. That’s the whole point of home staging in the first place — to present your home in the best possible light. If you do this, buyers will be more likely to make an offer. As we continue through this article, you will see how a well-staged home can increase the likelihood of a sale.
2. It Gives the Impression of a Well-Maintained Home
When buyers are walking through your home for the first time, they are making observations on various levels. Obviously, they want to feel comfortable inside the home. They also want to make sure that it meets all of their needs from a structural standpoint (size, layout, number or rooms, etc.). But they’ll also be looking for clues that indicate the true condition of the home.
If you stage your house effectively, it will give buyers the impression of a well-maintained home. After all, basic repairs are the first step in any home-staging plan. You start by fixing what’s broken. This is the bare minimum. After that, you move on to the cosmetic touches like painting and decorating. The result is that the house seems like it’s in tip-top shape. This puts buyers’ minds at ease, which is exactly what you want.
3. You Get a Head Start on Packing
You have to pack up all of your belongings eventually, before you can move. So why not start now? In order to stage your house, you must remove any and all clutter from the premises. You also need to pack away your personal belongings so buyers can imagine themselves living in the house. By staging the home, you’re making your job easier when it comes time to move. You won’t have as much stuff to box up at the last minute.
4. It Helps You Justify the Asking Price
Home buyers today are savvy about property values. We all know that home prices have dropped in the wake of the housing crisis. So you can be sure that potential buyers will scrutinize your asking price like never before. If you stage your house before you try to sell it, you’ll have an easier time justifying the price.
Granted, you still need to determine the fair market value for your home. Home buyers and their real estate agents will use recent sales data to justify your asking price. But they’ll also be influenced by their emotions. If they walk through the house and see a number of things that need to be repaired or replaced, they may balk at your asking price — even if the data is in your favor. If the house appears move-in ready, they will be more likely to accept the price you have set.
5. Staging Makes the House Seem Larger
The art of home staging has a lot to do with space. You want to remove clutter and arrange furniture in a way that maximizes usable space within the house. This gives the impression that the home is larger than it actually is. Have you ever walked through a home with minimal furniture and been amazed at how much space it had? But when you fill up that same house with over-sized furniture, knickknacks and other forms of clutter, it suddenly feels cramped.
As you stage your house, you should pay close attention to the “flow” of each room. People should never bump into a dresser when walking into the bedroom. They should never have to sidestep around an over-sized dining room table. Doors should be able to swing open completely, without hitting furniture or other obstacles. It’s hard to live in such a home, even if you’re used to it.
When you’re done staging, you may be surprised at how large your house seems all of a sudden. This is a common reaction among homeowners. And it’s a positive reaction among potential buyers. You never want buyers to feel like the home is cramped or crowded.
