How much does it cost to stage a house and how much will you earn?
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Home staging, where you decorate your home with the aim of enticing buyers to bite, may seem counterintuitive at first glance: why spend money on real estate if you’re moving? Simple answer: because home staging can make you more money for the sale of your home.
If your real estate agent (here’s how to find a real estate agent in your area) suggested staging, it’s because the evidence shows that real estate staging is generally worth it. On average, staged homes sell 88% faster and 20% more than unstaged homes, which is nothing to sneeze at. But how much does home staging really cost?
Here’s what you need to know about the cost of staging a house, so you can decide if paying a professional director is worth the investment for you.
How much does the staging of a house cost?
Class this under “obvious” – but the more expensive the house staging, the higher the potential costs of staging the house. Typically, the average cost for most decorators is $ 300 to $ 600 for an initial design consultation, and $ 500 to $ 600 per month per room staged.
âTherefore, staging a 2,000 square foot home would cost around $ 2,000 to $ 2,400 per month,â says the real estate professional. Crystal leigh hemphill. Most professional home stagers also require a minimum three-month staging contract, âeven if you sell the house in 24 hoursâ. This could bring your final staging bill to $ 7,200.
Home staging might seem expensive, but if you own a vacant home, for example, you’re already paying a lot of bills every month while your unfinished home is empty. While a home stager can help buyers imagine how fabulous your living room is with a little sleek furnishings and tasteful decor, home staging costs can be some of the best you’ve ever spent.
What makes the cost of staging a house more expensive?
Most home stagers work with the knick-knacks and artwork the owner already owns. But sometimes home stagers “need to buy new accessories, fresh towels, flowers and / or fruit, because those little touches make a big difference”, explains Sheila schostok with Your Home Matters Staging and Redesign, which serves Chicago and Southeastern Wisconsin. This is especially true with a vacant house. New purchases by directors will be added to the overall cost of the project.
Furnishing your home could also add cha-ching to home staging costs. Home stagers often use lightweight versions of basic furniture. However, a home staging job that requires heavy lifting in a multi-story house always involves hiring extra help to move furniture, Schostok explains.
And if you advertise a house vacant because you’ve already moved, you’re looking at home staging costs which include the rental fee for each piece of furniture and all of the furnishings and decor in a stager.
Conversely, if you’ve inherited a ton of antiques (or have an addiction to One King’s Lane), the director may recommend that you declutter by putting excess knickknacks in storage, incorporating that monthly rental at your overall staging costs. Staging services may also suggest that sellers declutter and depersonalize the home by removing unusual, religious or political and personal items, so that buyers can more easily imagine themselves living in the home.
A final and significant expense that can help ensure a successful staging is the cost of painting a room. A cool coat in a 12-by-12-foot room will cost a DIYer about $ 200, or $ 400 to $ 700 if left to the pros.
How to save on home staging costs
You don’t have to pay a home stager to transform the decor of your entire home, from the laundry room to the basement to the attic.
âA great way to save money when staging is to focus only on the main areas of a house,â says Schostok.
These are the rooms that potential buyers would spend the most time in: the kitchen, living room, dining room, and master bedroom. You’ll also want to pay attention to what buyers see when they walk through the front door for the first time. That first impression, whether it’s a bare, unfinished home or a welcoming, perfectly appointed home, can make the difference in whether they decide to buy and how much they’re willing to pay for. your house.
Another cost-effective home staging option is to limit yourself to an initial consultation with a home stager, instead of a full-service home staging. When Schostok takes a home staging tour with the owner, offering home staging tips to maximize the potential of each room, “the price is much lower, $ 125 for 90 minutes.”
You might want to ask your real estate agent if they think your home would benefit from home staging. Your agent may also recommend a home staging service or even offer other cost reduction tips besides staging, depending on their experience showing real estate to buyers. For example, your agent may recommend that you start by decluttering your home yourself or spending the money on a specific home improvement task, instead of hiring a professional director, based on their own first impression of your house.
Biggest savings for home sellers who use home staging? Sell ââtheir home faster, at a better price, and without months of ownership costs because their home was properly staged and ready for the buyer.
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Watch: How to Stage Your Home Like a Pro
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