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One of the hottest trends to sell a home today
is home staging, an interior decorating
technique for making the most of your home's
attributes and making it more attractive for a
potential buyer. Home staging has been known to
boost home sales prices, as well as quicken the
amount of time the home stays on the market. But
the question is: What is the pricing for home
staging-and is it worth it?
Preparing Your Home for Sale
Most sellers realize the importance of cleaning
up their home before putting it on the market.
Things like fixing leaky sinks, mending cracks
in the walls and completing other minor repairs
are also pretty standard. Some people paint;
others replace flooring. Some even freshen up
the landscaping or add some new interior
fixtures. These things are often good to do and,
in many ways, are considered forms of "staging,"
or preparing your home for sale.
There are professionals, however, who will go
above and beyond what most homeowners think of
when they go to sell their house. For a fee,
these individuals and companies will come into
your home and furnish it with items that are
neutral, attractive and sometimes high-end, in
order to make your house as attractive as
possible. Home staging costs often include
moving around, removing or adding furniture and
adding tasteful artwork or other decoration to
make your home really shine.
Staging: Is It Worth It?
The main benefit of hiring a professional to
stage your home is that they will look at your
surroundings with an experienced, tasteful and
objective eye. They won't be attached to
grandmother's antique table, nor will they have
the same affinity you may have for that pink
bathroom. They will be able to come in and tell
you which items should be removed, what should
be added and how best to feature your home.
While home staging may seem like an unnecessary
expense, there probably isn't a single house
that couldn't benefit from a bit of carefully
manipulated staging-even if it's a simple matter
of re-organizing, freshening up and removing
clutter. And often, suggestions and changes from
professionals can amount to significant
increases in the bottom line profit when selling
your home.
Home staging pricing for a simple consultation
run from $200 to $400, yet for extensive staging
work on larger homes, be prepared for pricing to
run up to $6,000. However, statistics show an
average of a 3% minimum increase in final sales
price on homes that had been staged, versus
those who had not. On a $300,000 home, that's a
$9,000 increase-and well worth the home staging
fees.
~ Per Mortgage News Daily 01/09/2006
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