Why Home Staging Inspires the Best Prices in Any Housing Market
In any real estate market, the price of a property is determined by supply and demand, but home staging has become such an essential part of the process that it’s almost impossible to separate the two. A well-staged house will not only attract more buyers who are ready to close on the spot but also inspire sellers to list their homes at a higher price point than they might otherwise. In this article, we’ll explore how staging works and why it can boost your current or future asking price even in a buyer’s market.
You can sell your house faster with less stress.
The goal of home staging is to create a space that’s welcoming and comfortable for potential buyers, so they can imagine themselves living there. This is especially important in a buyer’s market when you have less control over what happens to your house once it goes on the market.
Planning to sell a house can be insanely stressful and confusing. As a buyer, you have to consider furniture, decluttering, depersonalizing, and neutralizing your home. On top of figuring out the logistics of moving and keeping up with daily life, it can quickly become overwhelming. When you’re planning to sell a home, the stress of preparing it for sale can be intense. After all, the right furniture arrangements, window treatments, and wall art can increase the sale price—but how do you choose? One of the crazy truths of the real estate industry is that furniture layout and color schemes do make a difference. But you don’t have to guess what that difference will be. A professional home stager can do that for you!
Your home will get more foot traffic.
Home staging can help your home get more foot traffic. When it comes to selling your house, the more people who see it and fall in love with it, the better! Home staging increases visibility on the internet and makes your home attractive to potential buyers. With out-of-town buyers now making up a large percentage of buyers (upwards of 40%), having an agent show them around is not always possible. But a home well staged and photographed can take care of this issue. Working with a home stager takes away that stress because they know exactly what needs to happen inside each room, so you don’t have to worry about what color paint goes where or if there are enough pictures hanging on walls…the list goes on!
Buyers will have an emotional attachment to the house
As you can see, staging your house for sale is not just about making it look nice. It’s about creating an emotional connection between the buyer and your property. By doing this, you create a space that feels like home – which means buyers are more likely to view themselves living there (and paying more than asking).
Staging highlights the highs of the house and masks the lows, and can help turn any house into something special–even if its location isn’t ideal for some buyers’ needs.
It’s a low cost and risk in the grand scheme
Home staging is a low-cost, low-risk way to increase the value of your home. It’s also one of the most effective ways to sell a home in any market. An empty house is easier to stage than one that has been lived in for years and packed with possessions, but even if you have lots of stuff, professional stagers can help you make it look like a show home.
Staging has been shown time and again as one of the biggest factors influencing how much money homes sell for–and how quickly they sell! According to RESA research done on over 500 staged versus non-staged homes across multiple markets: “Investing 1% of the sale price in staging results in an average over-list return of 7%. Staging offers tremendous ROI.”
Home staging can be a valuable tool for sellers of all types. Whether you’re looking to sell your home quickly or get a higher price, staging can help you accomplish your goals. If you have any questions about how home staging might benefit your situation, contact us today!