The decision of whether to spend marketing dollars on “staging” your home when you’re ready to sell depends on your individual circumstances and available budget.
Naturally, you’re looking to maximize your home’s appeal and achieve a higher sale price. So, asking a company to style your home and rent additional furniture for the sales campaign can make a lot of sense.
In my experience, a staged home will give you a return on your investment, achieving a higher sale price and shortening the sales campaign.
Not every home needs to be staged, though. Some properties look fantastic anyway, especially if the owners have spent time depersonalizing and decluttering.
Consult a real estate agent to determine whether staging is the right choice for your property and the market conditions. I’d be happy to help you.
Let’s break down the costs and benefits of staging your home:
Cost Variables: Staging costs can vary significantly. Factors, such as the size of your home and whether you need to rent furniture play a role. Expect to pay up to $600 for an initial design consultation. The cost of staging a room might be $600 per month. So, your average US home might cost around $2,500 a month to stage. Most professional home stagers seek a three-month contract, even if your home sells quickly (and I’ll try to ensure it does!).
Factors That Influence Cost: The amount of rented furniture you require is the biggest cost factor.You might need to buy short-term storage space to make way for the rented furniture. Make sure you declutter and depersonalize your home, too.
The Benefits: By showcasing your home in this way, you should attract more potential buyers and achieve a quicker and more profitable sale.