Here are some facts that show how staging your home will help you present your home at its best, sell your home faster, and give you the competitive edge you need. Your home is one of your largest assets. Selling your home in any market can be a stressful time. By staging your home, you will increase the # of viewings, and positive feedback, which will lead to more offers and quicker sales.
Click on the links to see the full reports.
Click on the calculator and enter the information to see how much you could save by staging your home, before you market it.
Staging Statistics
Staging your home is one of the best investments that you can make. It will give potential buyers the ability to see themselves as living there. A small investment in your home is much less than a price drop. Statistics show that a home that is staged can sell up to 76% faster than a home that is left to stand on its own. The average time on the market in the Colorado Springs area is 53-129 Days. The condition of your home is one of the key componets to getting your home sold.
Here is a formula to show what the carrying costs are for an unstaged home. You can just plug in your numbers to see what the carrying costs are for you home.
Monthly Mortgage Payment = $1,800.00
Direct Expenses = $300.00
Total Monthly Carrying Costs = $2,100 x 3.5 months = $7,350.00
Cost to initially stage a home is generally between 1-2% of the list price.
$100,000.00 x 1% = $1,000.00 staged with your furnishings
$100,000.00 x 2% = $2,000.00 staged from vacant
The average price reduction is $5000.00.
If your home sells on average 76% faster, that would be 31 Dom versus 129 Dom A potential savings of $3,355.00 for this scenario.
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