Contemporary furniture can make an incredible impression on a potential buyer of your home. When you stage your home so that you can get a higher offer on it, using contemporary design is always a good choice. A properly staged home can increase the offer on your house by many thousands of dollars and it can get that property sold in a matter of days or weeks.
Everyone is always looking for a new way to increase the bids on their home when selling. Home staging is one of the latest ways to do just that, although this isn’t a new practice. Professional stagers have been around for a couple of decades in larger cities. How this works is that the staging professional will come into your home and evaluate your place for a consultation fee. They will give you a list of things that need to be done to your home to make it look like it is a home in an architectural magazine. You will usually have a choice to do the work yourself or to pay a fee to have the stager to do the work for you.
It is almost impossible for the home owner to see that their home, well, looks lived in. You have your own unique style and your personal belongings are all over the home. You are proud of your Macaw parrot and he has a huge cage right in front of your bay window. You keep a clean home and you just decorated five years ago in your favorite blue and yellow hues. Well, home buyers can’t stand all of that.
It really does take a professional to break the news to you that the color scheme must change to something trendy, contemporary and a little bit subdued. Your wardrobe fashion will change almost yearly and home design will change quickly as well. It is impossible to look at your home, that you see every single day, and see that it does not look like it is ready to be photographed for Better Homes and Gardens. You spent a fortune on those Russian nesting dolls, but they have to go.
Once the professional is done with your home, you won’t recognize it. Your home will be transformed into a beautiful, tastefully decorated home using the clean and sleek look of contemporary furniture designs and fine art. The colors will be trendy, but they will be mostly subtle with a little pop of color here and there. It will be so perfect that you’ll be afraid to touch anything for fear of messing it up. Did you just walk into a photograph?
The biggest benefit of staging a home for resale is that it will sell your home in a matter of weeks when it is done properly. A home with that good old fashioned, lived-in look can sit on the market for many months or years, even with the best of real estate agents. There is only so much an agent can do. If they show your home and the buyer sees pets, chipped and outdated paint colors, clutter and too much furniture per square foot then they will judge the home average or poor. Stripped out and turned into a home that is ready for a photo session they perceive as an incredibly well cared for home that is a spectacular value.
Another huge reason to do staging is the return on your investment. A study found that home owners averaged a 200%-500% return on their investment in home staging. So, if you invest $10,000 on improving just the appearance of your home, you can expect to receive a bare minimum of $20,000 more for your home, but probably even more than that.
Of course there is a downside of staging that not even the most gorgeous in modern or contemporary furniture and design can overcome, and that is the home owner. If you knew how to stage a home for resale, remove the personality of the room to make it picture perfect then it would already look that way. There is a good chance that if you do not hire a successful professional to handle this revamping of your home then you could waste a whole lot of cash.
The other thing to be aware of is that no matter how beautiful the home, if your neighbor’s home just sold for $1,000,000 and it is somewhat similar to yours, then that is all the money you are going to receive no matter how beautiful you make your home. It is just the way that real estate works. Your first stop should be an evaluation from a competent real estate broker to find out the value of your home on paper. Staging is what you do to reach that number and reach it quickly. It isn’t going to get you a lot more money than your home is worth in an appraisal. If you don’t stage, then you will likely receive offers that are less than the appraisal.