The housing market has been hot. Throughout the country, a housing shortage mixed with high buyer demand has sparked a frenzy. Home buyers had been jumping on homes as soon as they were listed. But no matter if your housing market is still seeing quick sales or some softening, home staging remains important to get the best price.
What Home Staging Does to Your Selling Price
Staging is the art of preparing a home to appeal to the greatest number of potential buyers in your market. The right arrangements can move you into a higher price-point and help buyers fall in love the moment they walk through the door. Staging can transform blank walls and floors into a warm and welcoming home that buyers can relate to. The right staging can inspire buyers to realize just how valuable your home really is, and see the potential of their life in that home unfolding with every room they explore.
Home buyers who have toured a staged home are more likely to bid and accept negotiations well-above the market value. In a 2021 survey by the Real Estate Staging Association(link is external) of 4,600 properties, homes that were staged sold on average $40,000 over list price. They also sold an average of nine days faster than unstaged homes—even in a hot housing market.
RESA found that investing 1.3% in staging results in an average of 7.1% over-list returns.