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Home Staging and Accessories for the Partially Vacant Home |
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Beautiful Home.....to Stage There are a lot of beautiful homes on the market today. Unfortunately for you the seller or agent....that beautiful home you are listing has another beautiful home just down the street to compete with. Most likely there may even be a couple. So now what will you do? As agents and sellers feel the cut of the more competitve market they need to start thinking how to appeal to that market. Even just getting traffic to stop at the door is often difficult. Lets consider your costs and some options. |
Home Staging VS Saving Some Money People may pay anywhere from as low as $1200 initially for a starter home on up to $5000 or more in higher end homes for staging. This often leads to sticker shock for some. However... when breaking down the averages of a WELL staged property that is in average repair, and competively priced for its market and location, staging will win in almost every case. |
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Take into account your holding costs which may include a mortgage, utilities, marketing, and your average market time. Don't forget that according to the National Association of Realtors (NAR) vacant homes take 78% longer to sell. Take a market like Minneapolis that has about a 7-8 month market time plus closing. Now do the math. First consider that the 78% faster is for a non vacant home, a WELL staged property helps this considerably. As holding costs climb don't forget to add the price reduction that most properties face after a couple months. Often spurred by the lack of appeal on MLS listings and not enough showings. Suddenly home staging becomes a very wise investment in SAVING money |
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Now that you have staged. The last extremely important thing is your pictures. It PAYS to have professional photos. Even more than the "high tech" tours. Good photos can be optimized to present the very best aspects of the property to arrest the buyers attention. This has great influence on the traffic you get to your door.
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