Home Staging Facts & Myths
Home Staging Facts
From the 2005 and 2006 Maritz Research staging polls
- 58% of buyers made a decision to buy after seeing 10 properties – effective staging keeps your house on the list of must-see properties.
- 79% of sellers are willing to spend up to $5,000 to get their house ready for sale – working with the right staging consultant maximizes your return on investment.
- 63% of buyers were willing to pay more money for a house that is move in ready.
- 86% of those surveyed said storage space is important to potential buyers – effective staging maximizes space and spaciousness.
- Top three interior features for selling were freshly painted walls, organized storage space and current flooring – effective staging will address all three.
- 52% of buyers said the kitchen had the most significant impact on their purchasing decision.
From a 2003 Home Gain Survey of 2,000 real estate salespeople
- Moderately priced home improvements, ranging from $80 - $2800, made in preparation for sale, yielded the highest returns when a house was sold.
From a 2004 survey by Joy Valentine – Coldwell Banker Broker on 2772 homes in 8 cities
- Homes that were staged sold in 13.8 days.
- Homes that were not staged sold in 30.9 days.
- Vacant homes sell 80% faster when showcased with furniture- empty properties can be difficult to visualize as their own.
- The staged homes realized on average a 6.4% increase over the list price.
Home Staging Myths
Staging is NOT:
- Decorating
- Just following a checklist
- Turning on lights and adding flowers
- Removing everything from the house
- “Fluffing”
- Just cleaning and packing personal items
Staging IS:
- Creating broad appeal
- Using “buyers” eyes
- Rearranging, Refreshing, Reducing
- Adding colour and appeal
- Selling the space and not the stuff
- Honouring the homeowner and their belongings
- A key marketing tool