If you’re on the fence about whether or not you should stage your home, here are four reasons you should consider hiring a professional stager or consider tackling a DIY staging project before listing your house.
Generate More Potential Interest
A staged home is a universally appealing palate. Often, homeowners are emotionally attached to the dwellings they’ve curated, and their personal relationship to their belongings can clutter their objective perspective of the space. Hiring a professional stager can help eliminate unnecessary visual clutter, refine the space to a neutral environment, and reimagine the space as the best version of itself.
Staged Homes Sell Faster
Typically, the longer a home stays on the market, the lower its price drops, so when selling, it’s often more lucrative to sell as promptly as possible. On average, a staged home will spend 70% less time on the market than a home that hasn’t been staged. By staging the most important rooms in the house—the living room, kitchen, and master bedroom—your home will be putting its best foot forward and is almost certain to wow potential buyers.
Earn a Higher Return on Investment
Because staged homes typically sell more swiftly than homes that haven’t been staged, you’re also likely to see them sell at a higher price point due to experiencing more competition. According to the National Association of Realtors (NAR), staged homes often see an increase in selling price, and 3.1% of buyer’s agents reported an increase between 1 and 5% compared to the asking price. As well, 21% of seller’s agents reported an increase in home value after staging. This type of increased return can be attributed to the increasing attractiveness that a staged home has to buyers. A buyer is often more likely to place an above-ask offer on a home they can easily imagine their lives in, and staring at an empty home can be unappealing, whereas a staged home feels welcoming.
Make Your Online Listing Pop
According to a 2017 report from the NAR, 99% of potential buyers ages 36 and younger log onto the Internet to search home photos and listings, and with an increase in online browsing for homes due to COVID-19, your home’s online presence is more important than ever. Staging your home can help your listing stand out from the crowd because a well-styled home is attractive and welcoming, two qualities that are intriguing to buyers.
If you’d like to learn more about Downtown Denver real estate, contact Luke O’Bryan for more information.