Is Home Staging Worth the Cost to Sell My Home in Tyler?

Is Home Staging Worth the Cost to Sell My Home in Tyler?Selling your home in Tyler requires some work upfront to attract your ideal buyer. Professional staging is one strategy you can use, but some of our clients question if it is worth the cost to hire a designer and pay to rent furniture and decor. When you're already factoring in other expenses, the cost to stage your home may feel like an unnecessary addition to the budget. 

As you decide what you will do to prepare for selling your home in Tyler, here are some things to keep in mind about home staging. 

Do I need a professional to stage my home?

Home staging is an important part of preparing your home for listing photos, open houses, and showings. This process can include decluttering, rearranging furniture, making minor repairs, and even renting furniture or decor to enhance the appeal of your home. The goal is to create a welcoming, aesthetically pleasing environment that allows potential buyers to envision themselves living in the space.

While you can certainly do this yourself, we often recommend hiring a professional. Home staging is more than just decorating. The focus is not just on what feels comfortable and looks good to you, but how to make the home look spacious, subtly highlight its best features, and allow the home to appeal to a wide range of buyers. 

What are the benefits of home staging?

Home staging offers some major benefits that make it worth the cost for most sellers. 

First Impressions Matter

The first impression is crucial when selling your home. Buyers often make quick judgments about whether a property is right for them within minutes of entering. A well-staged home looks clean, inviting, and well-maintained, which can leave a lasting positive impression that sticks with your buyers as they look at other potential homes.

Highlighting the Home's Potential

Staging helps showcase the potential of your home by highlighting its strengths and downplaying its weaknesses. Professional stagers know how to arrange furniture to make rooms appear larger and more functional, use lighting to enhance ambiance, and select colors and accessories that appeal to a broad audience.

Emotional Connection

Buyers often make decisions based on emotions. A beautifully staged home allows buyers to imagine themselves living in the space, which can create an emotional connection that motivates them to make an offer.

Higher Sale Price

At the end of the day, money talks. Staged homes often sell for more money than non-staged homes. According to the National Association of Realtors (NAR), 83% of buyer’s agents said a staged home made it easier for a buyer to visualize the property as a future home. Additionally, 25% of buyer's agents said that staging increased the dollar value of the home between 1-5% compared to similar homes that were not staged.

Faster Sale

Homes that are staged typically sell faster than those that are not. A quicker sale means less time and money spent on carrying costs such as mortgage payments, utilities, and insurance.

Professional Photography

Staging can significantly enhance the quality of your home’s listing photos. In today’s digital age, most buyers start their home search online, and high-quality photos can make your listing stand out from the competition. Making every effort to boost your home's screen appeal is worth it.

How much does home staging cost?

The cost of home staging can vary widely based on several factors, including the size of your home, the extent of staging needed, and the designer you choose. Most staging professionals offer an initial consultation, where they assess your home and provide recommendations.

The actual staging costs can range from $500 to $2,500 or more, depending on the size of the home and the amount of work required. This fee often includes furniture and decor rental, labor, and design services. Remember, this is just a rough estimate that varies greatly depending on whether the designer can use most of your existing furniture, the size of your home, and the scope of the work required.

If your home is vacant or needs additional furniture to enhance its appeal, you may need to rent furniture. This can cost anywhere from $500 to $2,000 per month, depending on the number and type of pieces required. In some cases, staging may involve making minor repairs or updates, such as painting, fixing leaky faucets, or updating light fixtures. These costs can vary widely but are typically a worthwhile investment.

So, the simple answer is: the price can vary widely from a few hundred to a few thousand. You can set a budget and find a strategy that will work within it. 

Does an empty home or a staged home sell better?

Some sellers wonder if an empty house might be the right choice. After all, the buyers won't be distracted by your clutter, personalized decor, or any furniture layout. However, most buyers aren't great at visualizing how they will live in a home when it is empty. This is the same reason you will see new construction homes sold with a fully furnished model home as the example. Staging a home makes a big difference on how the average buyers sees the potential of the property. 

Is staging my home worth the cost?

Ultimately, the whole purpose of staging your home is investing upfront to attract your ideal buyer and your ideal price. While no selling strategy is a guarantee in a dynamic real estate market, realtors will agree that staging is one of the best things you can do to attract higher offers, and the ROI is almost always worth it. 

Dave Van Nus, a realtor with years of experience in Portland at We Know Portland Real Estate, says, "A home that is staged not only captures the buyer's imagination but also commands a higher price, often selling for significantly more than unstaged or empty properties. In my experience, investing a little upfront is worth the cost."

Ready to learn more about selling your home in Tyler? We can help you determine how much your home is worth, and what you can do for a successful sale. Contact us any time to get started. 

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