What are some tips for staging your home on a budget?
Staging works. There’s no denying the data.
Seventy-seven percent of buyers said staging a home made it easier for them to visualize the property as a future home, according to the National Association of Realtors.
A 2018 Home Staging Resource study showed that most staged homes sold for an average of 25 percent more than unstaged homes.
But the cost of staging can be prohibitive. It ranges on average from hundreds to thousands of dollars. However, there are simple inexpensive changes you can do yourself that will make a big difference.
Here are a few tips:
Declutter: Modern, sleek lines are currently in vogue. Clean off your shelves and only keep out a few items to display. That goes for the kitchen and bathroom countertops as well. Put away small appliances. If the space is limited, invest in a storage unit. The less “stuff” in your house, the larger it will appear to potential buyers.
Clean: Clean out all storage areas, including closets, under sinks, basements, attics and garages. Put away all children’s toys and pet beds/toys. Your home should be pristine when showing to potential buyers.
Rearrange furniture: Remove almost half your furniture. Put extra pieces in storage. Your home will appear larger.
Curb appeal: Make sure your front doorway is clean and the walkway swept. Plant flowers. Mow the lawn and trim overgrown trees and bushes.
Paint: This is probably the most cost-efficient staging tool without hiring a professional. Walls and trim will be fresh and clean looking. As for paint colors, think light and bright — shades of white and cream.
Time: Start at least several months before you list your home because staging is time-consuming.
Homeowners seeking to hire a professional stager might want to get referrals from their real estate agent. Costs can vary widely, and some stagers work hourly while others per job.
In the end, staging your home can offer a huge benefit, either with a higher sale price or less time on the market, and it can be done within a budget.