Is staging your home worth it?

To stage or not to stage is the question many vendors asks themselves when selling their property. If the property is empty no doubt your agent is trying to convince you to pay sometimes upwards of $5000 on rental furniture that no one will use. Is this worth it or is it better to save your money? Let’s ask the experts.

Staging a home means preparing a property for sale by temporarily furnishing and decorating and sometimes, renovating various rooms to make it more attractive. It’s possible to stage a home yourself. However, you can also work with home staging companies that take care of it for you.

When potential buyers come to view your home, you want them to see themselves living there to feel at home and not as if they’re in someone else’s house. Too many personal items around the house can be distracting, but completely bare rooms can also come off as cold and impersonal. Home staging can be the solution. Ask the team at Xynergy Realty for the best home staging companies in Melbourne.

So is this worth it?

The answer is a resolute “yes”, according to industry experts, with some claiming it can add tens of thousands to the value of a property.

“It wasn’t so long ago that we would just go in and work with people’s own furniture, declutter, things like that. And if the property was empty we just left it empty because that’s what everyone was doing.  Now it is almost accepted practices that you have it professionally styled,” Angie Gao from Xynergy Realty says . “If you want a million dollars for your home, it has to look a million dollars. If you are trying to sell your property in a market with other properties in the area staged then your will always look like the least appealing option

Staging can get your home sold faster, too. According to HomeAdvisor, homes that have been staged spend between 33% and 50% less time on the market. That not only means getting the proceeds of a home sale faster but also spending less money on added expenses such as a rental or storage unit while you wait for the sale to happen.

If you are currently living in the property is there anything you can do?

• Remove all personal items, so potential buyers can see themselves living in the space.

• Declutter. More often than not buyers want light and space, so clear away anything that blocks out light.

• Do a seasonal clear-out. In summer get rid of winter items from your wardrobes, and vice-versa in summer. This helps people to see that a space is functional. If you’ve jammed things in and it looks tight and cluttered, it creates a negative impression.

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