The Impact of Staging Your Home

For more than 20 years, the benefits of staging a home have been well documented. Numerous studies show that staging helps sell a home faster and for a higher price. According to the National Association of REALTORS®, 88 percent of home buyers start their search online, forming impressions within three seconds of viewing a listing. When a home is well staged, it photographs well and makes the kind of the first impression that encourages buyers to take the next step.

Studies also indicate that buyers decide if they’re interested within the first 30 seconds of entering a home. Not only does home staging help to remove potential red flags that can turn buyers off, but it also helps them begin to imagine living there. Homes that are professionally staged look more “move-in ready” and that makes them far more appealing to potential buyers.

According to the Village Voice, staged homes sell in one-third less time than non-staged homes. Staged homes can also command higher prices than non-staged homes. Data compiled by the U.S. Department of Housing and Urban Development indicate that staged homes sell for approximately 17 percent more than non-staged homes.

A measurable difference in time and money

In a study conducted by the Real Estate Staging Association in 2007, a group of vacant homes that had remained unsold for an average of 131 days were taken off the market, staged, and relisted. The newly staged properties sold, on average, in just 42 days, – which is approximately 68 percent less time on the market.

The study was repeated in 2011, in a more challenging market, and the numbers were even more dramatic. Vacant homes that were previously on the market for an average of 156 days as unstaged properties, when listed again as staged properties, sold after an average of 42 days—an average of 73 percent less time on the market.

Small investments, big potential returns

Staging is a powerful advantage when selling your home, but that’s not the only reason to do it. Staging uncovers problems that need to be addressed, repairs that need to be made, and upgrades that should be undertaken. For a relatively small investment of time and money, you can reap big returns. Staged properties are more inviting, and that inspires the kind of peace-of-mind that gets buyers to sign on the dotted line. In the age of social media, a well-staged home is a home that stands out, gets shared, and sticks in people’s minds.

What’s more, the investment in staging can bring a higher price. According to the National Association of REALTORS, the average staging investment is between one percent and three percent of the home’s asking price, and typically generates a return of eight to ten percent.

In short, less time on the market and higher selling prices make the small cost of staging your home a wise investment.

Interested in learning more? Contact your real estate agent for information about the value of staging and referrals for professional home stagers.

Posted on September 30, 2019 at 4:52 pm
Windermere Evergreen | Category: Buying & Selling | Tagged , , , ,

Time to De-Clutter? Some Tips for Selling Your Stuff

Posted in Selling by Tara Sharp

If you are looking around your home and thinking to yourself that it’s time to de-clutter, the winter months provide an ideal time to prepare for a garage sale. But if that sounds like too big of an undertaking, there are other options available to you thanks to popular resale sites like eBay and Craigslist. And if even that sounds like too much effort, you might also consider donating lightly used items to charity or sending them off to the dump. Here are some questions to help you decide which method is best for you.

How much stuff do you have?  Are you liquidating your space of large furniture items, a large quantity or quality items, or do you have a small pile of electronics?

If you have yards worth of stuff to get rid of, you definitely want to consider a garage sale. Getting rid of multiple items on Craig’s list can be time consuming, and shipping items sold on eBay can be expensive and eat into your profits. On the other hand, if your items are easily shippable or you have a small enough quantity to take quality photos and post online, then you can save time by using eBay or Craig’s list – and potentially make more money too.

What type of stuff am I getting rid of? Is it worth anything?

 If you have large furniture or unique/valuable pieces it may be worth the time to take some quality photos and try to sell these items on Craigslist first. Generally Craigslist works as “first come, first serve” so be prepared to respond to inquiries quickly. If you have small items that have some value, you may want to consider eBay. You reach a much larger audience through eBay which can result in a greater financial return.

How much time do I have?

Garage/yard sales are by far the most time intensive of your options. If you choose to hold a garage sale, you will likely need to dedicate at least three days for prep, clean-up, and the sale itself. All items should be cleaned up, priced, and neatly displayed for sale. Signage should be prominently placed around your neighborhood. You can also place an ad in your local classifieds or on Craigslist to attract a larger crowd.  

Will your home/community accommodate a Garage Sale?

Garage and yard sales are generally held at a single-family residence. If you live in an apartment or condo, you may want to consider alternatives due to limited public space. You may also want to consider your community traffic. If you live on a quiet street, you may not get enough customers to generate sales. 

Can you enhance a sale by joining with neighbors, friends and family?

Some communities hold an annual neighborhood garage sale, encouraging all neighbors to participate on the same day. This increases your ability to market the event and attract a larger audience.

Want more information on hosting a garage sale? Go here.

Posted on November 14, 2018 at 7:34 pm
Windermere Evergreen | Category: Buying & Selling, Colorado Real Estate, Conifer Real Estate, Evergreen Real Estate, Kittredge Real Estate, Lakewood Real Estate, Living, Money, Morrison Real Estate, Pine Real Estate | Tagged , , , , , , ,

How Staging Your Home Well Impacts Its Value

Posted in Selling by John Trupin

 

For more than 20 years, the benefits of staging a home have been well documented. Numerous studies show that staging helps sell a home faster and for a higher price. According to the National Association of REALTORS®, 88 percent of homebuyers start their search online, forming impressions within three seconds of viewing a listing. When a home is well staged, it photographs well and makes the kind of first impression that encourages buyers to take the next step.

Studies also indicate that buyers decide if they’re interested within the first 30 seconds of entering a home. Not only does home staging help to remove potential red flags that can turn buyers off, it helps them begin to imagine living there. Homes that are professionally staged look more “move-in ready” and that makes them far more appealing to potential buyers.

According to the Village Voice, staged homes sell in one-third less time than non-staged homes. Staged homes can also command higher prices than non-staged homes. Data compiled by the U.S. Department of Housing and Urban Development indicate that staged homes sell for approximately 17 percent more than non-staged homes.

A measurable difference in time and money

In a study conducted by the Real Estate Staging Association in 2007, a group of vacant homes that had remained unsold for an average of 131 days were taken off the market, staged, and relisted. The newly staged properties sold, on average, in just 42 days, – which is approximately 68 percent less time on the market.

The study was repeated in 2011, in a more challenging market, and the numbers were even more dramatic. Vacant homes that were previously on the market for an average of 156 days as unstaged properties, when listed again as staged properties, sold after an average of 42 days—an average of 73 percent less time on the market.

Small investments, big potential returns

Staging is a powerful advantage when selling your home, but that’s not the only reason to do it. Staging uncovers problems that need to be addressed, repairs that need to be made, and upgrades that should be undertaken. For a relatively small investment of time and money, you can reap big returns. Staged properties are more inviting, and that inspires the kind of peace-of-mind that gets buyers to sign on the dotted line. In the age of social media, a well-staged home is a home that stands out, gets shared, and sticks in people’s minds.

What’s more, the investment in staging can bring a higher price. According to the National Association of REALTORS, the average staging investment is between one percent and three percent of the home’s asking price, and typically generates a return of eight to ten percent.

In short, less time on the market and higher selling prices make the small cost of staging your home a wise investment.

Interested in learning more? Contact your real estate agent for information about the value of staging and referrals for professional home stagers.

Posted on October 31, 2018 at 7:18 pm
Windermere Evergreen | Category: Buying & Selling, Colorado Real Estate, Conifer Real Estate, Evergreen Real Estate, Kittredge Real Estate, Lakewood Real Estate, Morrison Real Estate, Pine Real Estate | Tagged , , , ,

The Value of Home Staging

When you put your home on the market, you want it to sell quickly and for the best possible price. Staging your property can help you do both. Below, you will find tips that can help you showcase your home’s strong points, minimize its problem areas, and increase its appeal for prospective buyers.

For more than 20 years, the benefits of staging a home have been well documented. Numerous studies show that staging helps sell a home faster and for a higher price. According to the National Association of REALTORS®, 88 percent of homebuyers start their search online, forming impressions within three seconds of viewing a listing. When a home is well staged, it photographs well and makes the kind of first impression that encourages buyers to take the next step.

Studies also indicate that buyers decide if they’re interested within the first 30 seconds of entering a home. Not only does home staging help to remove potential red flags that can turn buyers off, it helps them begin to imagine living there. Homes that are professionally staged look more “move-in ready” and that makes them far more appealing to potential buyers.

According to the Village Voice, staged homes sell in one-third less time than non-staged homes. Staged homes can also command higher prices than non-staged homes. Data compiled by the U.S. Department of Housing and Urban Developmentindicate that staged homes sell for approximately 17 percent more than non-staged homes.

A measurable difference in time and money

In a study conducted by the Real Estate Staging Association in 2007, a group of vacant homes that had remained unsold for an average of 131 days were taken off the market, staged, and relisted. The newly staged properties sold, on average, in just 42 days, – which is approximately 68 percent less time on the market.

The study was repeated in 2011, in a more challenging market, and the numbers were even more dramatic. Vacant homes that were previously on the market for an average of 156 days as unstaged properties, when listed again as staged properties, sold after an average of 42 days—an average of 73 percent less time on the market.

Small investments, big potential returns

Staging is a powerful advantage when selling your home, but that’s not the only reason to do it. Staging uncovers problems that need to be addressed, repairs that need to be made, and upgrades that should be undertaken. For a relatively small investment of time and money, you can reap big returns. Staged properties are more inviting, and that inspires the kind of peace-of-mind that gets buyers to sign on the dotted line.

What’s more, the investment in staging can bring a higher price. According to the National Association of REALTORS, the average staging investment is between one percent and three percent of the home’s asking price, and typically generates a return of eight to ten percent.

In short, less time on the market and higher selling prices make the small cost of staging your home a wise investment.

Interested in learning more? Contact your real estate agent for information about the value of staging and referrals for professional home stagers.

For more information on Windermere Evergreen please contact us here.

Posted on December 30, 2017 at 11:52 am
Windermere Evergreen | Category: Buying & Selling | Tagged , , , , , , ,

Stage Your Home to Impress Holiday Guests

A few tricks used by professional home stagers can make your home holiday-guest-ready, even if you’re preparing for a visit from your in-laws, not potential buyers.

While friends and family might be more forgiving than a home-shopper would be, you’ll still want to create a clean and uncluttered atmosphere for making holiday memories. A major difference is, for friends and family, you don’t need to depersonalize. Tastefully placed photographs and kids’ hand-made masterpieces can help make a house a home, after all.

But you do want to make your place look and smell clean, and you might even want to evoke a sense of holiday magic and warmth. Michele Graham, a Long & Foster regional administrator and accredited home stager who works with agents in the greater Philadelphia area, offered these tips:

Cleanliness first. Make bathrooms sparkle and shine, since these are rooms every guest will probably see. Add fresh cut greens on top of the window treatments, and set out festive holiday hand towels or napkins. Keep small caddies of cleaning supplies in the bathroom and kitchen, or at least on each level of the home, to make clean-ups faster. In the kitchen, run a piece of fresh lemon through the garbage disposal and wipe off the splash guard, which can collect grime.

Clip an automobile air freshener to your shower curtain in a hidden spot to keep the bathrooms smelling good. You can use dryer sheets to do a quick dust job or polish up chrome faucets. Baby oil will make stainless steel appliances shine.

Add sparkle. Put something shiny in every room, whether it’s mirrors, mercury glass, silver or gold candlesticks, picture frames, or a string of white lights. The light will bounce off eye-catching shiny and metallic surfaces.

Bring in some green. Liven up your mantle or table with evergreen branches, holly boughs with berries, dogwood, and other décor provided by nature. You might find the perfect accents right in your own backyard.

Layer and add depth. A few silver and gold accessories add formality, while plaids and burlap are more casual. Embrace the palette of the season, with its gray sky, snow and evergreens. Even after the holidays, you can use white and silver accents around the house. You can add a pop of color using throw blankets and pillows.

Festive curb appeal. Greet your guests upon their arrival with window boxes filled with fresh-cut greens or even fake ones. Holly branches, pine cones and shiny round Christmas ornaments catch the eye.

Graham said you don’t have to spend a lot of money to get your home ready for the holidays. Most of the items she recommends can be found at dollar stores and thrift shops.

And one of the best ways to brighten your space is free. “Keep your window treatments open to let in as much natural light as possible,” Graham said. “It will add a wonderful glow to accent your décor.”

For more information on Windermere Evergreen please contact us here.

Posted on December 23, 2017 at 9:07 am
Windermere Evergreen | Category: Living | Tagged , , , , , , , ,

Home Staging Tips

DIY Home Staging Tips:

With a little time, effort and imagination, you can stage your home to showcase its best features, sell it faster and get top dollar.

Clean up, pare down, and toss out: By simply getting rid of excess furniture and clutter, you can make any room look larger and more inviting.

Make it professional, not personal: Remove family photos, mementos and other personal items from the space. This not only eliminates clutter, it helps potential homebuyers envision their lives in the space.

Repurpose rooms: Do you have a “junk” room? You can transform a liability into an asset by turning an underused space into a reading nook, a craft room, a yoga studio or a home gym. Just clean it up, add a coat of paint, some furniture and the right accessories.

Lighten up: Light, airy rooms look bigger and more welcoming. You can create a pleasing effect by using the right wattage bulbs and multiple light sources. The right window treatments can also have a big impact. Choose fabrics that are light and gauzy, rather than dark and heavy.

Try a little color: Paint is the cheapest, easiest way to update your home. Stick with warm, natural hues, but try darker colors for accent walls and to highlight special features. You can give old furniture new life with a coat of shiny black paint—and freshen up the front door with a bold, cheerful color.

Add some decorative touches: Art, accessories, plants and flowers breathe life into a home. Make rooms more inviting with accessories that are carefully grouped, especially in threes. Pay attention to scale, texture and color. Bring the outdoors in with plants and flowers.

Picture-Perfect Staging:

When it comes to looking for a home most people start on the internet. The photos in your property listing can make a powerful first impression. According to a recent Wall Street Journal article, professional photos can increase home views up to 61%. Make sure your home is “ready for its close-up” by following these simple guidelines before the photographer shows up.

For exterior photography:

·         Make sure no cars are parked in front of your house or in your driveway.

·         Sidewalks and streets should be cropped out

·         There should be up-close and angled shots, as well as long shorts that emphasize space.

·         Clear away or trim vegetation blocking the front door or path to the door.

·         Make sure lawns are mowed, hedges clipped, etc.

·         Remove evidence of pets.

·         Put away children’s toys.

·         If you are selling a condo or townhome, such amenities as tennis courts, a gym, a garden patio or clubhouse should be photographed.

For interior photography:

·         Make sure your house is spotless, windows are clean and rooms are decluttered.

·         Repair all visible damage, e.g., bad water stains, gouges, chipped paing.

·         Drapes and blinds should be open and lights on.

·         Remove trash cans, close toilet seats.

·         Use floral arrangements in kitchens and dining rooms.

·         Make sure that interesting details and attractive features—e.g., wood floors, a carved mantel, marble countertops and ornamental tile backslashes, etc. – are photographed.

For more information on Windermere Evergreen please contact us here.

Posted on December 21, 2017 at 11:43 am
Windermere Evergreen | Category: Buying & Selling | Tagged , , , , , ,