Home staging is becoming known as a must-do for home sellers.
The reason? It works.
According to a report from the National Association of Realtors, 58 percent of sellers’ realtors believe that buyers offer more money for staged homes than for unstaged, and 77 percent thought staging made it easier for buyers to visualize themselves in the home.
Staging can be even more effective if you do what’s being called a “mini-flip” on your home first.
Rather than a full remodel, which has been shown repeatedly to have a low ROI, mini-flips involve deep-cleaning, painting, perhaps putting in new flooring and lighting, and/or refinishing cabinets, depending on what your particular home is most in need of.
So how can you improve your chances of selling your home this fall, and being in your new one by the holidays? Here are a few tips.
Focus on decluttering and deep cleaning first.
Decluttering and deep cleaning have some of the highest ROI of any home project out there, according to data from HomeLight.
Whether you tackle this yourself or hire professionals, a decluttered, spotless home makes it much easier to see what actually needs attention. Maybe those cabinets don’t look as dated as you thought. Maybe the master closet carpet just needed a good steam clean, not a full replacement.
In addition, getting rid of things you no longer need will make it much easier to gather ideas on how to stage your home and which rooms might benefit from it the most. Without the visual (and mental) clutter, you’ll be ready to start making your home look the best it possibly can.
Paint, paint, paint.
If your walls are dingy, or faded, a new coat of paint will make them look fresh and new. If you have a room that’s painted an unusual or vibrant shade, repainting it in a neutral color like an ivory or gray will make it appeal to a much wider range of potential buyers, while also creating an air of calm and peace.
Don’t make any staging decisions until after you’ve painted, as your colors and selections may look very different in a repainted room than they would in the original.
As the weather gets colder, embrace “hygge.”
This Danish term for warm, cozy living became popular in the design world a few years ago, and since then many designers and home stagers have called upon principles of hygge to stage homes that are inviting and welcoming.
Ways to incorporate hygge when you stage your home include:
- Creating a cozy sitting area by moving your comfiest armchair next to a window, and adding a few plush throw pillows.
- Add warm rugs in key areas, like in front of your fireplace and on cold bathroom floors.
- Open up the home to natural light with long, sheer curtains.
Add in just a few thoughtful details, like artwork, tasteful seasonal flower arrangements, and accent decor.
It’s important when staging your home to stick to the essentials—you don’t want to visually overwhelm potential buyers.
However, you also don’t want the home to look bare. There should be art on the walls (even DIY art can help stage your home if it’s done well), a light flower arrangement or two, and some tasteful accent decor. Fall-themed pillows in rich oranges, reds, or browns, candles, and seasonal wreaths are just a few options.
Mini-flipping and staging your home before selling can offer you huge returns both by speeding up your home sale and earning you a higher selling price. And if you’re in the staging business yourself, be sure to connect with your local real estate agents about working with mini-flippers!