Home staging is the process of cleaning, fixing up, and presenting a house before putting it up for sale. The benefits of home staging are numerous: a well-staged home can result in a faster sale, a higher selling price, and therefore, a happier buyer and seller. What follows are a few tips for the best ways to stage a home and a discussion of some of the most lasting and significant benefits.
Furniture and Lighting
One of the most important aspects of home staging is the arrangement of furniture. While it is tempting to push furniture towards walls and corners in an attempt to make a room seem more spacious, this often has the opposite effect of making a space seem cluttered. Instead, place essential furnishings like tables and couches toward the center of the room for a more pleasing aesthetic. It’s also a good idea to allow as much natural light into each room as possible, supplementing this with a number of lamps and flattering ambient lights as well.
Give Space a Purpose
Additionally, it is important make sure that every space is made to look like it has a purpose. That is, rather than leaving a corner of a room completely unfurnished, add a comfortable chair and a lamp to suggest that it is meant to be used as a “reading area” or something similar. The goal behind this home staging tip is to help buyers imagine what it would be like to live in the house; barely furnished or minimalist homes often appear cold and not lived in, which can turn many buyers away.
Increase in Value and Appeal
Implementing some of the home staging strategies above can greatly increase the value of a home. Unless they are looking for a hefty DIY project, buyers typically do not want to purchase property that requires a lot of work to make it their own. By making a home look as presentable as possible, which means not only paying attention to the lighting and décor, but also conducting basic repairs, applying fresh coats of paint, and making sure the house is clean from top to bottom, sellers can assure buyers that the house is a good investment that is essentially ready to live in “as-is”.
More Money in Less Time
Some sellers might be hesitant to pour money into home staging repairs or remodels, especially if they are uncertain about the state of the market; however, research shows that the sellers who invest in home staging nearly always sell their properties more quickly than those who do not. Moreover, these homes often sell closer to the asking price, so the sellers will typically recoup their home staging investment.
A seller who successfully implements some of the home staging tips above will likely see an increase in potential buyer interest, as well as in the final sale price. By putting a home’s best face forward, sellers can effectively increase the chances that a potential buyer will establish an emotional connection with the home. Sometimes, the buyers may even fall in love with what they see right away, resulting in a quick sale that leaves both parties satisfied.