Staging a Home For Sale: From $100 to $5,000

08/12/07

Over the past two Sundays, we have looked at the results of staging a home for sale on a budget of $100.00, then for a cost of $500.00. This week let us see what kinds of things can be accomplished if one is willing to spend $5,000.00 on the process. A video from NBC's Today Show to this effect follows.

Regular readers here know that the current interest in staging is fueled by the very soft housing market. Staging is seen as a way to differentiate one's home from the many that are listed, to make your home stand out from the crowd.

Commonly mentioned statistics on home staging include:
--Reduces time on market by as much as 100 days.
--Results in a higher selling price of 7% on average.
--Return on Investment, (ROI), averages 100%, that is a 2 dollar increase in a home's value for every dollar spent on staging.

In our view, staging can overlap a good deal with home improvements or renovations. At this location, one will find a posting which contains links to most, if not all of our resources on staging, renovation, and the all important ROI, (Return on Investment).

The video below contains some decent insights about homes that are dark, the proper utilization of space, leasing furniture, and the typical judgments made by buyers within the first 12 seconds of seeing a home.

PLEASE NOTE: Videos do disappear from the web from time to time. If this video should become unavailable, then please find more Barbara Corcoran staging videos, at this location.

ENJOY ! 5 minutes 30 seconds: From The Today Show



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