What is home staging?
Staging a home is when you prepare the interior of the home so it is ready for the market and exposure. Transforming the home so it is appealing to a larger group of buyers and not one’s specific taste. There are a few different tips, tricks, and techniques for staging a home. Below we will go through some easy tips on how to home staging. These steps will help you successfully get your home ready to sell.
Staging your home is the process of strategically arranging furnishings and decor to make a house look its best when selling. This involves paring down and refreshing your belongings, or moving all of your stuff out and renting furniture and decor.
Why home staging is important?
When dealing with such a significant financial transaction as selling your house, you don’t want to settle for a lower selling price or a longer marketing period than you have to.
Relative to the amount of time and money involved, home staging may be one of the most lucrative projects you ever undertake. Potential buyers aren’t just looking for a structure to inhabit they’re also looking for a way to fulfill their dreams and improve their lifestyle. Staging can create a more emotional purchase for the buyer, which ultimately can generate more money for the seller.
Home staging is also beneficial because potential buyers don’t want to see work that needs to be done upon moving into the home. For every problem they see, they’ll deduct its cost from their offering price . If they see too many problems, they may pass completely on buying the house.
How to stage a living room?
When people walk through the front door and into your living room, they should feel like they’re already home.
Adding a neatly folded newspaper and a vase of flowers to your coffee table can help with that. But don’t stop there! Here are some other things to help your living room stand out from the rest.
How to stage a bedroom?
Bedrooms are often the most personalized rooms in the home. And why shouldn’t they be? They are your rooms, after all! But when you’re staging a home, you want to leave room for the buyers’ imagination.
Now is not the time to be sentimental. Your goal as a home seller is to appeal to as many potential buyers as possible.
How do you do it?
Luckily, you live in the year 2021 and competition means you no longer have to pay an arm or a leg for virtual tours. Using Asteroom , you can create professional quality virtual tours for your freshly staged listing for a fraction of the cost of Matterport.
How much does home staging cost?
By now, it’s pretty clear that home staging doesn’t have to break the bank. Some of the most important things you can do to get your home show-ready won’t cost you a cent. But if you’re not comfortable staging your home yourself and want to bring in outside help, you don’t have to look far to find a suitable staging company. A good real estate agent should have multiple recommendations.
An initial consultation with a home stager that includes a written plan should cost you around $500 to a thousand dollars.
When it comes to the actual staging process, monthly costs can range from $1,000 to $4,000 for a furnished home. If you’ve already moved out and your home is vacant, monthly costs can vary from approximately $2,000 in Singapore Homes over 2,000 square feet can cost upwards of $9,000 a month.
How Home Staging affects sale price and time on market?
According to the 2019 Profile of Home Staging , a report of 25% of buyers’ agents and 22% of sellers’ agents said that staging a home increases the offer price by between 1% and 5%, compared to other similar homes on the market that aren’t staged.
The report also found that 83% of buyers’ agents say staging makes it easier for buyers to visualize a property as their future home, which can help the home sell faster . According to the report, more than half of sellers’ agents say staging decreases the amount of time a home spends on the market. The COVID-19 pandemic has changed the home buying and selling process, including the way homes are staged. More homeowners are opting for DIY home staging and limiting the number of buyers who come into the home for in-person showings. Yet staging remains an important tool because a well-staged home looks better in photographs and most buyers are looking for homes online.