Investors would love to show a property at its best light possible, and most are willing to pay thousands of dollars to make it possible. However, you might wonder if staging your property is truly worth it. Out of the real estate comps pulled from a neighborhood only a few may have been sold as a result of staging. InvestorCompsOnline provides you with comps information on any property you may be researching and we offer training that may make your decision to stage or not a little easier.
Staged properties often appraise at a higher value. By neutralizing the property, potential buyers can picture themselves living in the house. Some would say that if a buyer likes the home enough, he or she would buy it regardless of what it costs.
There is no question as to whether staging works, naturally, a cleaner, more polished home speaks well for itself and obviously has more advantage than those properties that are not staged. However, the question is how much should you pay for it.
Here’s something to think about….You can do the staging by yourself or you can hire a professional to do it for you. If you choose the latter, it could cost you up to $5000 for consultation alone and anywhere from $3,000 to $5,000 for a fully staged property (depending on the size).
The purpose of staging is to improve the overall aesthetics and style of your property to appeal to potential buyers. A balance should be struck between the artistically pleasant and the loudly overdone staging. Your home staging should create an appearance of a homey and balanced look and not a showroom effect.
Staging can boost the selling potential of any property. However, you should also be able to weigh your options and find out if the amount you spend and the effort put into it is worth your investment.
You may be able to save on the staging cost if you do a little do it yourself improvement to your property first before asking a professional stager to help you out.