Home staging has become one of the key ways to sell your home, and that is because home staging works. A properly staged house has a much higher chance of selling quicker and for more money. A 2021 survey done by NAR found that homeowners can see a 5-15% return on investment when their home is staged before listing it. So, if you’re wondering why people are starting to really appreciate home staging in Edmonton, we’ve got answers for you.
The online market is competitive.
The first step in looking for a home is looking on REALTOR.ca; this is where you will find all of the available listings at that time. A seller’s market means that there are more buyers than sellers. When your home is staged, it will spend less time on the market. Buyers are eager to view a property if the pictures they see are bright, clean, well-staged, and welcoming. A staged home will, by itself, encourage buyers to call their agent to book an in-person viewing.
Staging improves your home’s value.
The fact is that vacant properties tend to look dull. It is challenging for potential buyers to visualize themselves in your home if there is nothing in it to see. Buyers can get a good feel for their life in your home by setting up those empty rooms with furniture that makes sense. The effort and resources that go into staging a vacant home will improve the value of your property. When buyers can picture their families living happily in your home, they are more inclined to make a speedy offer.
The appeal of a move-in-ready house is strong.
Some buyers are looking for homes to fix and flip. But most of the time, home buyers are looking for a move-in-ready home. Moving is always a bit of a headache, so it is a significant bonus when someone finds a move-in-ready home. When your property is already cleaned, depersonalized, and staged, you have a leg up against all the other listings that are not ready for move-in. For buyers, there is nothing better than walking into a home they love that is ready for them to make their own.
Feeling versus reason.
Most people list things they want or do not want in a house. These lists help formulate decisions that potential buyers will make when viewing a few different properties. If the property feels like home, this “list” that a buyer has suddenly doesn’t carry so much significance. It becomes easier to overlook the very things they were so against in the first place. The fact is that people act on emotions. And this is even more true when it comes to buying a home. When someone is looking at your well-staged home, you give that person the chance to connect emotionally to your house. Home staging works because buyers know that it is move-in ready. You can expect faster offers if your home looks ready for its new owner.
The data speaks for itself.
The NAR reported that only 4% of buyers mentioned that staging did not affect their viewing experience, whereas 47% of real estate professionals noted the positive impact of home staging on their client’s buying process. The same survey also found that home staging could sell your home 6-10% faster. Most sellers are looking for a quick sale. Not only that, but they are looking for the highest offer. If you stage your Edmonton home, you set up your listing as a powerful opponent against the other listings in your market at the time.