Why stage your home? Is it worth the money to invest in staging?
Sellers can be nervous that the stager is going to tell them to make expensive improvements to the home, but the reality is that only improvements that will have a BIG IMPACT on buyers and a good return on investment will be recommended. A home staging survey of over 3,500 homes sold showed an average 1000 percent return on investment when the seller spent a mere 1 percent of the value of their home.
OK, so maybe spending an extra $20 to wash your car before selling it is not worth the $200 more you got in price BUT the $4,000 you spent on staging your $400,000 home is probably worth the $40,000 on average return you will see over your neighbor who did nothing…especially if the $40,000 is tax free!
Check out the whole article here.