Staged homes sell 73% faster

With current mortgage rates low and rent prices increasing, the calculus for renters has changed across the country. In many cities, being a first-time homeowner is more affordable than renting.

This is fantastic news for home sellers: when the housing market revs up, you may expect to get a premium for your property. There's another approach to increasing the value of your house, though.

Sellers may utilize a technique known as "home staging" to improve the appeal of their property and enhance their return.

Furthermore, according to the Real Estate Staging Association, homes that are staged before going on the market sell 73 percent faster, on average.

What is home staging?

Because of its prevalence, the phrase "home staging" is well-known to house hunters. Furthermore, because most buyers now begin their home searches online, having your property professionally staged appropriately may be important toward that first step of attracting an interested buyer.

A non-staged property may appear worse in photos than a staged one. A walk-through is more likely to occur at staged homes.

How much does home staging cost?

Professional house stagers charge their clients in two ways. Some operate on a consultancy basis and bill by the hour, while others get paid a fixed rate for their time. All costs associated with "materials" used during the home staging process, such as temporary furnishings and artwork, will be incurred by everyone.

Estimates are provided free-of-charge.

Don't dismiss this lightly. Staging your home is an investment in the sale of your property, and it's not unusual for a few hundred dollars to pay off many thousands of dollars.

Furthermore, if staging helps your property look better online, it will be well worth the expense. You can't sell your home if no one comes to see it. This is true for any price range you choose.

Some home staging ideas yield big returns

Staging a property for sale is about showcasing it in its best light, both figuratively and literally.

Even simple, inexpensive staging can result in big bumps to your sale price.

Painting: New paint can mask home odors while insanely brightening a room

Carpeting: New carpet — even low-grade carpet — can make a room look clean and inviting

De-cluttering: Removing "junk" from rooms, closets, and cupboards provides a burst of freshness while also providing the appearance of more room.

Summary

Keep in mind that a home buyer will notice the "little things" in your house and, if they're neglected, will wonder what else is broken.

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