For homeowners and investors alike, staging a home to sell can be a very worthwhile investment of your time and money. Staged homes usually spend less time on the market than their unstaged counterparts. Also, a National Association of Realtors survey found that staging your home can raise the selling price by 1 to 10 percent. Now that you know the potential benefits, here are tips to help you stage your home or residential investment property.
Deep Cleaning Is a Must
The goal of home staging is to create a space that buyers can imagine themselves living in. The home needs to be spotless and clutter-free. Family photos, personal keepsakes, and monogrammed home accessories remind buyers they’re in someone else’s home. Homeowners should depersonalize their homes by removing such items.
Remember to clean places that are normally out of sight to visitors like the inside of appliances. Since crowded closets will make it look like the home’s storage space is inadequate, homeowners should consider storing items they don’t need regularly off-site.
Make Necessary Repairs and Upgrades
Buyers generally aren’t impressed with homes that haven’t been maintained and look dated. While investors tend to make repairs a priority, homeowners should at least complete minor repairs like leaky faucets, noisy toilets, missing cabinet hardware, and so on.
Decor that looks like it’s stuck in a prior decade isn’t visually appealing to most buyers. Fortunately, simple upgrades like these can make the property look fresh:
- Paint walls in neutral colors to appeal to the majority of buyers.
- Replace heavy window treatments with sheer curtains to increase natural light and make rooms look larger.
- Installing a mirror makes a small room look larger.
- Buyers typically are familiar with the latest in interior design. The use of natural materials in decor is one of today’s hottest trends. You don’t have to splurge on marble countertops, but you can incorporate an affordable solution like a CDA Wood barn door.
Other Things You Need to Know
- Focus your efforts on the living room, master bedroom, kitchen, bathrooms, and yard because buyers tend to give special attention to them.
- Make the home smell lovely before an open house or showing. Lighting lavender scented candles can be helpful.
- Position living room furniture to create conversation areas.
- Pull weeds, trim hedges, and keep the lawn mowed.