Selling your house can be stressful. You don't have to spend a lot to make your home stand out. Some people do it themselves. But many others choose to hire a professional to help them make their home stand apart and sell fast and for top dollars.
While staging a house may seem like an unnecessary expense, the final result can prove to be worthwhile. According to the National Association of Realtors(NAR), professionally staged properties spend 33- 50 percent less time on market than comparable listings that have not been professionally staged.
It can also give your house an extra boost in the market that will increase its value. For a $300,000. property, an additional $15,000 can be earned by increasing your selling price by 5%. In some cases, staging could even result in a higher asking price.
How much does it cost to stage a home?
A home stage can cost anywhere from several hundred dollars to several thousands. The exact cost will depend on which services are required and how complex the home is.
Consultation and design fees typically range from $150 to $500. These fees are paid to a homestager for an initial consultation. They will assess your goals and develop a staging plan.
Next, they will bring in furniture to complete your decor and fill in empty spaces. This could include a sofa, mirror, or other furniture that will enhance the room's design.
Schostok says that it is common for stagers to hire additional help to lift and move items around if the home is multi-story. Additionally, moving your belongings out of your home to storage can take several weeks. This could add an additional layer of expense.
You will need to rent furniture for a time if you hire a stager. Some furniture rental companies have minimum terms of three months. Make sure to ask before you sign anything.
What rooms should you stage?
You should plan to stage every room in your home. These include the living area, dining room, kitchen, bedrooms, and bathroom. It is also a smart idea to highlight small or unutilized rooms like the attic.
Is it really worth it?
The answer to that question will depend on how much your house costs and other factors. For example, if you're in an extremely tight rental market or your house isn't generating much interest, then it might not be worth the investment to have it staged.
Doing it yourself will save you money and is a great way to test out the process before you spend any money on it. This can be a time-consuming and overwhelming process so hiring a stager is a smart idea.
FAQ
What are the three most important factors when buying a house?
When buying any type or home, the three most important factors are price, location, and size. Location refers to where you want to live. The price refers to the amount you are willing to pay for the property. Size refers the area you need.
What should I look out for in a mortgage broker
A mortgage broker is someone who helps people who are not eligible for traditional loans. They search through lenders to find the right deal for their clients. There are some brokers that charge a fee to provide this service. Some brokers offer services for free.
How do I know if my house is worth selling?
You may have an asking price too low because your home was not priced correctly. You may not get enough interest in the home if your asking price is lower than the market value. Our free Home Value Report will provide you with information about current market conditions.
Statistics
- This means that all of your housing-related expenses each month do not exceed 43% of your monthly income. (fortunebuilders.com)
- When it came to buying a home in 2015, experts predicted that mortgage rates would surpass five percent, yet interest rates remained below four percent. (fortunebuilders.com)
- Based on your credit scores and other financial details, your lender offers you a 3.5% interest rate on loan. (investopedia.com)
- It's possible to get approved for an FHA loan with a credit score as low as 580 and a down payment of 3.5% or a credit score as low as 500 and a 10% down payment.5 Specialty mortgage loans are loans that don't fit into the conventional or FHA loan categories. (investopedia.com)
- Over the past year, mortgage rates have hovered between 3.9 and 4.5 percent—a less significant increase. (fortunebuilders.com)
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How To
How to Locate Houses for Rent
Finding houses to rent is one of the most common tasks for people who want to move into new places. But finding the right house can take some time. When you are looking for a home, many factors will affect your decision-making process. These include location, size, number of rooms, amenities, price range, etc.
You should start looking at properties early to make sure that you get the best price. Ask your family and friends for recommendations. This way, you'll have plenty of options to choose from.