Do I drop my price or invest in home staging?
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If you have been trying to sell your home for a while, you may feel a little stuck. Maybe you are not sure of what you should do next to get your sale going. Perhaps your estate agent is pressuring you to drop the price?
Here at EweMove we believe that a price reduction should be the last resort when all other avenues are exhausted first. There are ways to give your house sale the kiss of life, without dropping the price and home staging is one of these ways.
Home staging can help your home stand out above all your competition. A staged home is more appealing to buyers;therefore, a staged home will usually sell quicker and for more money than one that is not staged.
Rightmove reports that staged homes sell for 8% more than non-staged homes. On a £250,000 property that means you could get an extra £20,000. www.rightmove.co.uk/news/what-is-home-staging.
So, what is home staging?
Home staging is the art of styling and preparing your home in a way that appeals to buyers. It is not updating the house itself, this would be classed as refurbishment or renovation work. However it may be worth getting quotes for any work that you feel may need doing, so that you can balance those costs aginst a price drop. Home staging works with the best bits of your home and uses certain ‘props’ to accentuate these features.
It involves casting an objective eye over your property and adding little touches here and there so that your home appeals to more potential buyers. It allows the buyers to really see what they are buying and the lifestyle your home can offer. It visually sells a lifestyle to them. It will make your home stand out for all the right reasons. Staging optimizes your home and shows it off to its full potential. This can shine through in the photographs and really draw viewers in.
You can stage your home yourself. However, some may not have the time or inclination for this and so if you invest a bit of money, you can employ the services of a professional home stager.
Professional home staging
If you do not fancy giving home staging a go yourself, firstly, speak to your estate agent. Your agent may know of someone locally that can help.
If not try the Home Staging Network (www.homestagingnetwork.co.uk). They have a useful directory where you could find a local home stager.
Cost depends on the level of service and prices do vary. Usually an initial consultation will cost between £100-300, and prices are around £75 an hour thereafter. Some home stagerswill use their own accessories and you may have to pay extra to use these, whereas some will give you a shopping list or ask you for the money to cover the cost of the accessories.
All in all, it is unlikely that it will cost more than £2000 but it could add so much more to your end sale price than this. You can apply for quotes through the Home Staging Network website if you want to know more.
Continue reading: https://southcoast.lpages.co/do-i-drop-my-price-or-invest-in-home-staging
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