Home Staging Statistics
Tags: TAGS: HOME STAGING, SELLING STRATEGY, VALUE
The Impact on Buyers
Home staging works because it considers the wants and needs of buyers and taps into their emotions when searching for a home.
-Realtors who work with buyers say most buyers are willing to offer more money for a staged home compared to one that is similar but not staged.
-81% of buyers say home staging makes it easier to visualize the property as their future home.
-45% of buyers say it will positively impact the value of the home if it is decorated to the buyer’s tastes.
-Among REALTORS® who typically represent the buyer, 49% report most buyers are affected by home staging.
Staged Homes Sell Faster
To sell your home faster, it must stand out from the competition and create a strong first impression.
-A survey by Coldwell Banker Real Estate Corp. found that staged homes spend half the time on the market than non-staged homes.
-The National Association of Realtors (NAR) survey found that the longer homes stay on the market, the further their price drops.
-Once staged, homes spend an average of 73% less time on the market.
Home Staging Increases the Perceived Value
Home staging is all about showing your home in its best possible light.
-Buyers are willing to spend 1% to 5% more of the dollar value on a staged home than a non-staged home.
-A survey by Coldwell Banker Real Estate Corp. found that staged homes sell for more than 6% above the asking price.
As they say, the proof is in the pudding – or in this case, the numbers!
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