Why Stage Your Home in a Seller’s Market
A lot of planning goes into selling a home, even when it’s a seller’s market. You may think you can reduce costs by not having to stage the home. But why is home staging still necessary in a seller’s market? There are a few reasons we recommend staging your home to get the best price in this market.
Buyers Can Picture Themselves Living There
Some home layouts, like open floor plans, make it hard for the average buyer to visualize how the space would function for their family. Staging the home appropriately helps buyers see the full potential the area can have and the best way to place items for a natural flow.
Empty rooms can feel smaller than they actually are. Too much clutter and too many personal items can make it hard for buyers to see past your belongings. Staging removes the personal factor and instead invites the buyer to envision themselves as the homeowner.
Staging Expenses are Tax Deductible
According to the IRS, they consider home staging services to be an advertising expense, allowing homeowners to deduct the cost of staging from the home sale proceeds. This deduction is only for primary and secondary home sales. It is not valid if the seller takes the home off the market after staging.
Creates Home Selling Photographs
Today, most buyers begin their home buying journey by first searching online for eye-catching homes that meet their shopping criteria. A home staging company like Interior Drama Home Staging understands the going trends. They can stage the home appropriately so the real estate photographer can work their magic.
Greater ROI
Making the most return on your investment is a glorious thing, and professional home staging can increase the sale price by up to 25%. You might be wondering if the cost of home staging is worth it. Consider that you’ll almost always recoup your investment and then some with a higher sale price - and you don’t have to do the work!
Home staging is not the same as interior design. With home staging, the personal touch is removed and replaced with a neutral environment so more buyers can see the home as theirs. This is excellent news because the cost of staging a home for sale is typically less expensive than interior design.
Buyers See the Home as Move-in Ready
With interest rates still near historic lows, buyers are more competitive than ever. It’s common these days to hear about bidding wars and purchases going over market price.
While this is great for the sellers, it puts the buyers in a more awkward position. For some, it means buying at the top of their purchasing power, which leaves little room for improvements or repairs.
Our experienced home staging team will work with you to identify the most cost-effective updates and repairs needed to make the home move-in ready. When buyers see they can move right in and feel at home, they are more prepared to make a better offer.
Working with a Home Staging Company
At Interior Home Drama Staging, we work directly with you and your realtor to determine the best way to stage your home for sale. We have years of experience and stay up to date on market trends to improve your return on investment. Contact us today so we can help you get your house sold!