Is Home Staging Worth the Cost? | Trusted American Mortgage

A significant part of selling your home is getting it ready for prospective buyers. While you love the space and all the memories your family has made, interested buyers may not feel the same way when they walk in the door.

The key is to help others feel at home in the space. Too many personal trinkets laying around may inhibit buyers’ ability to picture themselves in the home, and barren walls and a lack of furniture may make the space feel unwelcoming for some. You have to strike the right balance.

What Is Home Staging?

Home staging involves temporarily furnishing and decorating a home to prepare it for sale. The point is to help potential buyers fall in love with the property and picture their family in the home.

Home staging can mean a lot of things—smaller cleaning, painting and decorative changes or larger projects, such as knocking down walls or moving in big pieces of furniture. Depending on your current home, there may be a bigger need for home staging.

Benefits of Home Staging

Can home staging be done by you, the seller? Yes, absolutely.

But there are some benefits to hiring a home staging company. It can take part of the stress away from putting a home on the market. You have enough to deal with already!

Another benefit of home staging is increasing the appeal of the property to prospective buyers. This can also help your home listing stand out online and potentially increase your home’s selling price.

Disadvantages of Home Staging

The biggest drawback of home staging is the cost. It’s no secret this process is an investment! While home staging costs vary greatly by geographic location and overall needs for the home, you can expect to pay several thousand dollars.

Additionally, you will need a place to store your personal items, and if you don’t have a current home to do so, a storage unit will add to the expenses.

Is Home Staging Worth It?

In short, if you’re looking for a quick sale and a higher asking price on your home, then yes, home staging just may be worth it. On average, staging helps houses sell 88% faster and for 20% more compared to non-staged homes.

If it’s within your budget, you may be able to reap the benefits of home staging!

Are you looking to purchase a new home while yours is on the market? Visit us today to learn about our mortgage options!