Seller Tips: Is Staging Your Home Worth the Price?
Many realtors will suggest a major de-clutter of personalized items prior to listing your house on the market. These items are sentimental to the homeowner but can be a turnoff to future buyers. Recent trends are leaning towards buyers spending the additional money to professionally stage the house after the de-cluttering process is complete. Market research shows that staged homes sell more than 85% faster and for an average of 20% more than non-staged homes. So just how much should staging your home cost and is that cost worth the increase in selling price?
Many professional staggers charge an initial design consultation fee between $300-$600 with an average of $500-$600 per month per room staged; most companies require a three-month minimum contract even if you sell your home before that time. So let’s do the math: a 2,000 square foot house with four rooms staged, at $500 a room, for three months, including a consultation fee is approximately $6,300. As a seller, you have to decide if the prospective increase in the selling price of your home is worth the cost of staging. Most seasoned realtors will agree, “yes!”.
A few final reminders:
- You don’t have to stage the whole house. Spend your money wisely to stage the rooms that are known sellers: kitchen, bathrooms, master bedroom, etc.
- Keep it simple and de-cluttered. Help prospective buyers picture themselves living in your home amongst your stagged items sans your personal belongings.
- Do as much DIY (Do It Yourself) staging as possible. A gallon of paint at a home improvement store is a fraction of the price that a professional company will charge you and a fresh coat of paint can transform a room instantly. Be sure to stick with neutral color palettes to appeal to all prospective buyers.
For more selling tips, contact one of our seasoned agents at (561)469-8706. We specialize in the Wellington and Palm Beach real estate markets. Our expertise in the selling process is second to none.