Selling a home can be stressful, daunting, and emotional. There are so many memories that have been created in your home, and it has certainly meant more to you than the simple brick and mortar that it’s made out of. One of the best ways to ensure that you can sell your home at a price that truly matches the value you put on it is to get it staged.
What is house staging?
Simply put, house staging is presenting your home in a way that can make it easier for potential buyers to envision themselves living in it. This can include simple solutions such as doing some good ol’ deep cleaning, to more comprehensive solutions such as repainting or putting in some new rental furniture. Staging also involves depersonalising the space as much as possible by removing family portraits, sentimental trinkets, or old beloved household items that would not appeal to the average buyer.
Ultimately, you want potential buyers to be able to see the house as their own potential future home, and not your house that they are invading. Although this may come as a challenge to you, the reward will certainly be greater.
Benefits of house staging?
One of the major benefits of house staging is the quick turnaround time for sales after putting it on the market. According to the Real Estate Staging Association, staged homes sell over 70% times faster than un-staged homes on average. In addition to this, staged homes are often sold at higher prices when compared to their un-staged counterparts, ranging from about 1-5% increase in overall selling price, all things equal. Naturally, whatever investment was put into staging the house often pays itself back, making staging an inconceivable advantage.
How much does it cost?
Staging costs vary depending on a variety of factors. There are a number of DIY staging projects that you could undertake, such as decluttering or rearranging furniture. However, there are always great benefits to outsourcing your staging to professionals. Outsource painting services to ensure high-quality work without the headache, or even consider hiring some professionals to fire up an extensive deep clean that will leave every inch of your home shiny and spotless! Professional home stagers often have the interior design and/or real estate experience that can bring your listing to a new level. Home stagers not only have a creative and thoughtful eye but often also have knowledge about what buyers are looking for and what types of renovations really stand out to them.
Generally, there are three main areas that staging should be focused on – it needn’t be every room in the entire house! These are (in order of most importance): the living room, master bedroom, and kitchen. These three areas seem to be the main focal point for most potential buyers, so you are still likely to get a desirable outcome even if not every single room in the house is spectacular. Professional staging fees can range depending on the extent of professional services needed. The initial consultation fees generally start at around $150, and furnishing fees are generally between $1,000 to $1,500 per room, depending on how much furniture is required, with a $500 to $600 monthly furniture rental fee. A rule of thumb is generally that 1-3% of the home’s value should be spent on staging.
If you are looking to hire a real estate agent to help you with your sale, there is a fair chance that they may even be willing to cover professional staging costs on your behalf! This is because most agents are willing to invest to get a quicker sale at a higher price. After all, that ultimately means more commission for them – it’s a win-win situation overall. However, the payment arrangements differ from realtor to realtor, so it’s important to find this information out when evaluating which real estate agent to hire if it is important to you that they cover those costs.
Conclusion
However daunting the costs of home staging are, the reward most certainly will outweigh the risks, giving you a greater outcome for your sale and ensuring that you can reach success in the most effective way possible. At JG Contracting, we want to support you through every stage of your home’s journey, whether you need to refinish your wood flooring before selling or whether you want to give upgrades to a new house that you are moving into. We do not only concern ourselves with quality craftsmanship, but also with meaningful relationships, and we hope that we will be the first contractors in mind when you go through life’s adventures. Contact us today to book a consultation
📞 Call us at: 437-259-9632
✉️ Email us at: jgcontractingyyz@gmail.com
🌐 Website: https://jgcontractingyyz.com
