Buying a home is one of the largest investments most people make in their lifetime. According to data from Architectural Digest, home staging can increase a property's ROI from between five and 15 percent.
If you own property in the Noblesville, IN real estate market, getting the most from your investment is important.
Read on to learn how the power of staging can transform the process of selling your home in a positive way.
Buyers Can Visualize Their New Home
If you're hosting an open house, buyers will want to look at the property and consider how it will fit their lifestyle. With home staging, they can see how each room is set up, making it easier to visualize themselves living there in the future.
A big, empty room is harder to imagine without any furniture in it. When you stage a home for sale, potential buyers have a much clearer vision of what each space will look like if they were to move in themselves.
Home Staging Brings More Money
The real estate market is in constant flux, and you're never guaranteed to get your asking price. However, staging a home can typically bring you a higher asking price than homes that aren't staged.
A National Association of Realtors (NAR) report in 2023 found that home staging brought sellers an increase in value from as low as one to as high as 20 percent. While the final price isn't guaranteed, your odds of getting more money increase if you choose to stage the home.
Better Marketing
Real estate marketing is a tricky, competitive business, but staging a home can make your ad stand apart from the crowd. Most buyers want to see what a house looks like with someone living in it rather than looking at a large, empty, cavernous space.
Having the home staged in advance makes every photo look beautiful and appealing. Adding furniture, rugs, and decor gives prospective buyers a clear idea of what the home looks like when it's being enjoyed by the owner.
A Faster Sale
How quickly your home sells largely depends on the state of the real estate market. Home staging can help to get your home sold a lot faster, so you can enjoy a quick sale.
While it's never guaranteed that home staging will make your home sell faster, it certainly helps. The more appealing your home is to buyers, the greater the odds are that they'll want to put in an offer as opposed to your neighbor whose home isn't staged.
Make Your Space Great with Staging
As you can see, the power of home staging has a big impact on real estate marketing and sales. If you live in the Noblesville, IN area, consider hiring a home stager to make your space look amazing so it sells faster.
If you're interested in investing in this area or want to learn more about how to market or manage your property, contact the team at PMI Indianapolis today to find out how we can help.