Does HOME STAGING Really Increase Sale Prices?

When preparing to sell your home, one important step to consider is staging. This process involves making your property as appealing as possible to potential buyers, and the benefits can be substantial. In this article, we’ll explore how staging can increase your home’s sale price, attract more buyers, and ultimately maximize your profit.

What is Home Staging?

Home staging is the process of preparing a property for sale by making it more attractive to potential buyers. This is achieved by bringing in furnishings and accessories to make the space more welcoming and allowing buyers to visualize themselves living in the home. According to a 2023 study by the National Association of Realtors (NAR), 81% of buyer’s agents stated that staging made it easier for buyers to see a property as their future home.

The Benefits of Staging

1. Faster Sales: Staged homes typically sell faster than non-staged homes. By highlighting a home’s potential and helping buyers imagine living there, staging can make a property more appealing.
2. Higher Sale Price: Staged homes often sell for a higher price. Realtor.com reports that a staged home can sell for up to 20% more than a non-staged home. With the average home price approaching $1,400,000, this could mean an additional $280,000 in proceeds.
3. Increased Buyer Interest: Staging can help attract more potential buyers, leading to more offers and competitive bidding, which often results in higher offers.

What Does Staging Involve?

Home staging can include various tasks, such as:

• Decluttering
• Rearranging furniture
• Updating furniture and decor
• Adding photographs and paintings
• Making minor renovations

DIY Staging vs. Professional Staging

While homeowners can stage their own homes using tips from videos and articles, professional stagers bring expertise in design, market trends, and buyer psychology. The cost of professional home staging can vary widely, but sellers can generally expect to pay between 1–3% of the home’s selling price. In some regions, such as Orange County, CA, staging costs can be closer to 1% for every room. Working with a reputable staging company can ensure a high-quality result for a reasonable price.

Real-Life Success Stories

Staging can feel overwhelming, but it often pays off. I have personally seen homes that were on the market for six months without any offers receive multiple offers within a week after being staged. While staging is not effective for every home, it is beneficial for most. I can assess if your home would benefit from staging after a tour.

Final Thoughts

In conclusion, staging your home before selling can significantly impact the speed and final sale price of your property. By making a small investment in staging, you can enhance your home’s appeal, attract more buyers, and achieve a higher sale price.

Have you ever staged a home before? Share your experiences by commenting below! And remember, there’s much more to learn about selling your home. Click here to watch our video on curb appeal and making your home attractive even before buyers step inside.

Summary

• Staging makes homes sell faster and for higher prices.
• It involves decluttering, rearranging, updating, and accessorizing.
• Professional staging costs 1-3% of the selling price but can yield up to a 20% increase in sale price.
• Success stories show the effectiveness of staging, leading to quicker sales and more offers.

Feel free to reach out if you need more tips or have any questions!