Part 3 Success when Selling Your Home
Staging for Success
Staging can give your property an added touch with little to no time, effort or money. An understanding of the aspects of a home that are the “selling points” lets you focus on where staging can have the most effect. For example, to maximize the overall size of a smaller room, increase the wattage of the light bulbs used, take out any unneeded or oversized furniture, and clean the inside and outside windows—this will add to the ambiance of the room to appeal to buyers. Let’s look at some others:
One of the places where prospective buyers focus is the master bedroom. By simply painting it in a neutral color scheme not only brightens it but also visually enlarges the space. Accessorizing with a padded headboard, matching nightstands and bedside lamps, gives the room depth which also creates the illusion of a larger space. If your master bedroom encompasses a king-sized mattress and the room isn’t so ‘master’ in size, consider the following staging trick: replace your king with a queen; this adds nine square feet of additional living space to your master bedroom and will allow the room to be shown in its best light. (A tip for staging this: use an air-mattress in the interim to cut-cost, since no one will be able to distinguish that it is not an actual mattress, and it comes at a fraction of the cost!)
In your dining room you should first, and foremost, have a central place of gathering—a table—if you have a dining room table that is set for eight, you may want to consider downsizing, giving the room a larger feel, overall. If you have wallpapering throughout your dining room, now would be a great time for removing and adding a neutral color palette. Updating aged lighting fixtures, those of brass or gold, with bronze or brushed silver, will instantly transform a room. Adding a focal point to the table and surrounding walls by adding a vase of freshly cut flowers, or an art piece will capture the buyer’s attention.
The family room or living room of your home is where the majority of family time is spent—it is typically the room with the nicest views, and showcasing this in a simply way is imperative—you do not want to make the overall atmosphere of the room seem too formal for buyers, as they are attempting to see themselves in your home! Again, if wallpaper is adorning the walls you should contemplate removing and repainting the room to showcase this asset of your home. If you have oversized or printed furniture, think about parting with these (at least for the time being); you can look into a cheap alternative - renting furniture - for the duration of your sale to update a room. This is a relatively inexpensive investment with a great return.
For your bathroom, simply remove any excess toiletries. The addition of a coat a fresh neutral paint, and staining existing cabinetry can add contrast to a small bathroom making the overall look and feel larger—after all, they are buying a home for the space it has to offer! Replacing existing bathmats, shower curtains, and liners add a new sense of character to this commonly used space.
Staging is very unique and tailorable to each and every home and homeowner, and their individual budget. Whether you decide to take on the staging process yourself or leave the work to a staging professional, the process can be as cost-effective or expensive as you care to make it. The staging process has become a very popular way to display a home in its best light in today’s real estate market. On average, staging a home costs around 1% of the overall price of a home (depending on what you decide to update, purchase, or rent) and, on average, staged homes sell in a third of the time. In most instances a staged home pays for itself. It may help your home sell quicker or for a higher price.