When selling your home, it’s crucial to make a great first impression to stand out among other options for potential buyers. Home staging can help by showcasing your property’s best features and attracting buyers.
Home staging is a valuable technique that not only helps your property stand out in online searches but also makes it more appealing during in-person showings. Additionally, it can lead to quicker and more competitive offers. Based on recent data from the Real Estate Staging Association (RESA), you have the possibility to sell your home for $40,000 over the list price if you stage your home before putting it on the market.
Home staging is more than just making your property look attractive. It can also help emphasize your home’s best features while minimizing its flaws. For example, you can draw attention away from an awkward wall in your living room and toward your property’s strengths, like a stunning view or beautiful fireplace. By strategically arranging furniture and decor, you can highlight what makes your property great and downplay any less desirable aspects, such as outdated fixtures, small bedrooms, or awkward walls. These small changes can increase your property’s value, showcase its potential, and attract potential buyers.
According to a survey by the International Association of Home Staging Professionals, 23% of seller’s agents reported a 1% to 5% price increase on offers for staged homes compared to similar homes on the market that hadn’t been staged. RESA found that investing 1.3% in staging results in an average of 7.1% over-list returns. Data shows that:
If you’re looking to sell your home and are considering home staging, you have two options—hiring a professional stager or doing it yourself. Here at the Ginger Baxter Group, we work with several staging professionals. But, for all you DIY people out there, here are a few home staging tips from the experts at the Home Staging Institute that you can incorporate yourself. And you don’t have to be a HGTV pro to do them!
We’ve included a few of their top tips below, but the link above contains all their home staging information for 2023.
When a home is staged with a warm and welcoming atmosphere, potential buyers are more likely to feel at ease and imagine themselves living there. This emotional connection can be a powerful tool in encouraging buyers to make an offer on the property, making staging a worthwhile investment.