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Is This Your Situation: How Much Will It Cost to Stage My Home?

 

Home staging has been a common practice for many years and has become a powerful sales tool to transform homes into desirable products. While it is not an accredited field, it does require a keen eye and experience to create the right look. If you’ve decided to hire a professional or DIY, here’s how much it will really cost to stage your home.
 
Hiring a Professional
 
Should you decide to hire a professional home stager, the costs can vary from $150 for a consultation to several thousands after the work is performed. Most home stagers charge by the hour and others charge a consultation fee then an additional flat fee. Here’s the general breakdown if you decide to hire a pro:
 
A preliminary consultation is usually required and the professional will make suggestions regarding the removal or relocation of items, what needs to be cleaned or repaired and if anything needs repainting. Should you decide to hire them, additional services usually include:

  • Rearranging furniture
  • Redecorating windows
  • Displaying accessories and collectibles
  • Adding elements that draw the attention to appealing areas such as fireplaces, patios and porches
  • Bringing in a large number of "props" or furniture pieces that help enhance the space. This could mean adding plants, pillows, artwork, lighting fixtures and more.

It’s extremely important to make sure you sit down with your home stager and determine your budget well in advance to ensure that there are no unexpected costs. It is a good idea to meet with and interview 2-3 home stager candidates before deciding on one. These meetings should include the discussion of budget, goals and references.
 
Do it Yourself
 
Should you decide to stage your home yourself, consider meeting with a home stager for a consultation ($150-$250 fee) and implement the changes yourself. You can save thousands of dollars by purchasing any suggested props, furniture pieces, minor repairs or paint.
 
Another way to save some money if you’re staging your own home is to focus on a few rooms, versus the entire house. Consider making changes to the entryway, main living area, the kitchen and the master bedroom, as these are the rooms that potential buyers focus on the most.
 
While the price to hire a professional will most likely be higher than a DIY project, they have the experience to decide what will attract buyers and how to stage your home accordingly. It also offers convenience to you, especially if you do not have extra time to run around picking up items or fixing minor repairs.
 
Whatever you decide to do, the cost to stage your home can vary depending on the space, your budget and more. For help staging your home and determining the overall cost, give me a call today.

 
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The information provided in this email newsletter is for general guidance only, and does not constitute the provision of legal advice, tax and accounting advice, real estate investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional real estate, tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Home value estimate calculators provided herein are general estimations based on publicly available data and should not be used as a substitute for a professional appraisal. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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