You’ve worked tirelessly to transform a broken, tired, old house into a home that’s truly noteworthy. You’ve breathed new life into shabby, falling down walls, restructured the porch for years of future entertainment, and installed lighting that gives rooms a welcoming glow. What was once “the scary house on the corner” is now the dream home that every neighbor envies. Unfortunately, sometimes no matter how spectacular of a job you’ve done flipping your house, you’ll likely encounter difficulties when it comes to selling if you fail to stage or even properly stage the house.
Information collected from a variety of professional realtor sources highlight just how important it is to stage your home. The Coldwell Banker Real Estate Corporation found that staged homes sell in half the time of unstaged homes and sell for six-percent above asking price. Similarly, the National Association of Realtors reports that 90-percent of home buyers search for online photos of staged homes first, home-staging also has an ROI of eight to 10-percent. More surprising statistics include:
-Staged homes sold in an average of 42 days
-Homes that were staged prior to listing sold 79 percent faster than those staged after being listed
-Sellers who staged the home prior to listing save an average of $2,122 in mortgage payments
Acknowledging the fact that staging a home is key, knowing how to properly and effectively stage your home is another challenge entirely. Below you’ll find four tips that will help you stage your home in the best way possible.
Keep it neutral
Though your personal style might be vibrant and colorful, keeping colors neutral when staging your home is safe and effective. In addition to creating a welcoming environment, neutral colors also act as a blank slate that allows potential buyers to see themselves, their belongings, and their style in the space.
Light is right
In addition to installing ample permanent lighting throughout your home, it’s also important to incorporate plenty of lamps throughout the staging process. Placing these lamps naturally and strategically in each room will help to make rooms look larger and more welcoming.
Fuel the flow
If you’ve ever been walking through a home tour only to have an oversized couch obstruct your path or an overwhelming, out-of-place piece of decor averting your attention from other, more important parts of the home, then you know just how important it is to ensure your staging efforts create a smooth, easy flow. Before you open your flipped home for tours, walk the flow of the home several times, ensuring nothing gets in the way of your walking path or distracts your attention too much.
Leave no room untouched
Sure, kitchens, bathrooms, and living spaces may sell homes, but that doesn’t mean you should neglect to stage not-so-popular rooms. Remember, in addition to creating a space buyers can see themselves in, one of the most important reasons to stage a home in the first place is to make the home seem bigger and more welcoming. This means decorating each and every room in the house. No, you don’t have to go all out on decor for every square inch of the home, but make sure that each room has at least some element of furniture or decor. Even lighting a candle and adding a few hand-towels into a half-bath or setting up an L-shaped couch and coffee table in the downstairs den will help motivate buyers to buy.
To learn more about how to renovate and sell your homes, attend a Rules of Renovation Workshop, today.
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