When real estate agents talk about staging your home, they’re referring to a method of preparing a property for sale on the real estate marketplace. Staging is designed to showcase a home’s best assets, impress buyers, and sell it quickly for the highest possible price. Your question may be, why should I spend money on real estate if I am moving out? The answer is because staging can get you more money. Evidence shows staging is well worth the effort. On average, staged homes sell 88% faster and for 20% more than non-staged homes. The following questions are about the cost of staging a home, so you can decide if paying a professional stager is worth the investment.
Average Cost To Stage A Home
83% of buyer’s agents say staging makes it easier for buyers to visualize a property as their future home. So, it is a cost to be considered. The pricier the staged home, the higher the cost will be. The average cost for most stagers is $300 to $600 for an initial consultation and $500 to $600 per month per staged room. Staging a 2,000 square foot home would cost around $2,000. per month. Most professional home stagers also require a three-month contract. Therefore, if you sell the home in 24 hours that would bring your final bill to $7,200. That may sound expensive to you. But if you own a vacant home and are paying utilities, upkeep of the landscaping, and all the other monthly bills connected to a home and that home sells in a week, it is well worth the cost and maybe the best money you have ever spent.
What Can Increase The Cost of Staging Your Home?
Most home stagers work with your possessions of artwork, furniture, and home accents. But there can be reasons that can increase the cost of staging, for instance:
- Sometimes new accessories such as new towels, fresh flowers, a bowl of fresh fruit are small touches that make a big difference.
- If you have already moved and you are dealing with a vacant house to sell, then you will be looking at rental fees for furniture and all furnishing and décor items.
- If you have a multistory home and pieces of furniture need moved out or rearranged to different parts of the home, you may need to hire additional help to move the furniture.
- Stagers do not want personal items to remain in the home, such as religious, political, family photos, or collections. The stager may recommend decluttering and putting your excess possessions into storage. That will be a monthly rental fee to your staging cost.
- An important cost to consider is the price of painting a room. A fresh coat of paint can cost from $200.00 to $700.00, depending on the size of the room.
How To Save Money And Still Turn Your Home Into A Showcase
One way to save money is by only focusing on the main areas of a home and to not pay a stager to transform the entire home from basement to attic. Consider the main rooms a potential buyer spends the most time in such as the kitchen, living room, dining room, and master bedroom. Also, go outside and enter your home. What is the first thing you see as you enter the front door? First impressions are important. Decorate that entrance. Consider just hiring a stager for a consultation. They will usually do a 90-minute walkthrough for $125.00. For this cost, they will offer home staging tips to maximize the potential for each room. Even ask your agent for staging help. They may recommend that you start by decluttering your home, or suggest you do a specific home improvement. Agents have experience in knowing what buyers want.
Statistics prove that the biggest savings in home staging is selling the home fast at a better price.
Tom Reese has 20+ years experience in helping his clients sell their homes for a price that sells and makes them a profit. Tom has helped his clients buy and sell property in every neighborhood in Northern Kentucky and Cincinnati.
About Tom Reese
Helping my clients attain their dreams has been the foundation of my success. With my strong attention to customer service, I have earned my clients continued support and referrals. Put my enthusiasm and dedication to work for you!
Call Tom anytime at (859) 393-1293