Health & Fitness
Home Staging: In this Current Housing Market, It's a Must
Staging Statistics from Metropolitan Home Design.
As an introductory post for , I want to talk a little bit about out specialty: Home Staging.
In retail it is referred to as "merchandising" but in real estate, we call it, "staging" — a way for your home to appeal to prospective buyers. It is not new nor is it a luxury — in today's market, it is a necessity.
Take it from the New York Village Voice, which reported that the average number of days on the market for a staged house was 13.9, versus 30.9 days for an unstaged house.
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Staging is a way to artfully arrange a home not for living comfort, but to highlight the best features of the house itself: architecture, room size, window views and focal point.
Staging must be done not only in one particular style, but with a general vibe that has an appeal to every person that walks through the door.
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In all honesty, staging begins at the walk-way — curb appeal will grab a buyer before they even make it to the front door!
The 2004, the National Post wrote that only 10% of home buyers can actually visualize the potential of a home. A study by the National Association of the Remodeling Industry found that a $700 paint job results in a 200% recovery of the cost upon resale of the home.
With that said, staging costs are also very affordable: a 2003 HomeGain survey of 2,000 real estate agents nationwide found that moderately priced home improvements, ranging from $80 to $2,800, made in preparation for sale actually yielded the highest returns when a house is sold — a staged home sells for more money.
Look out for more staging & design tips to come, and never hesitate to contact us with questions.