Staging a home is another term for the practise of styling one’s property. If you want to attract buyers and receive the greatest price for your house, you’ll need your property to look attractive. Until recently home staging in Melbourne was considered a ‘nice-to-have’, but more often than not now it is considered a must. In a competitive market, sellers must do what they can to stand out.
So, if you’re considering investing in home staging in Melbourne, read on. Here, you’ll find answers to your questions about staging and whether it’s worth paying a professional to handle the work. If you’re thinking about home staging in Melbourne, this article will help you decide whether it’s worth it or not.
What is home staging?
A property’s full potential is showcased to potential purchasers through the process of home staging or property styling.
For this, a home stager or property stylist will draw attention to the best qualities of the home while minimising its flaws.
Styled properties help potential buyers “fall in love” with your home by enhancing its visual appeal. They want to make a good impression on potential buyers and increase the value of your property, which could lead to a better selling price.
Can you stage your home on your own?
Yes, you may stage your own home without the help of a professional but if you’re short on time, you may want to consider getting the help of a professional experience in home staging in Melbourne.
How much does house staging cost?
How much it will cost you to stage your home or investment property for sale depends on a number of factors, such as where it is located and how big it is.
Around $3,000 is believed to be the average cost of property styling. It’s projected to cost between $8,000 and $12,000 on the high end. However, it is important to keep in mind that these are only the published average rates online and should not be taken as the whole costs. However, don’t rule out professional staging as a possibility for only the most expensive residences or one that is prohibitively costly. Depending on your needs, you may be able to choose from a variety of staging alternatives.
A full set of furnishings may not even be necessary. You can rent furniture for a single room or your entire house. Is it enough to have a few pieces of art or a whole slew of decor to bring out the best in your house? That’s an option, as well!
If you don’t sell, you’ll have to measure the investment against the initial price cut you might have to make if you do. Staged events are always less expensive and can be tailored to your specific demands.
A real estate agent can help you figure out how much staging you’ll need before you hire a professional for home staging in Melbourne.
Is it a good investment?
Despite the fact that property staging fees can be high, there is solid evidence that staging is often a good investment. Some experts believe that staging a home before it goes on the market can increase the sale price by 5% to 10%. Staging can also decrease the amount of time a property spends on the market. The time a property spends on the market may make or break an investment, according to any property investor.
Generally speaking, if a property is on the market for a short period of time, it indicates a high demand market or that the property was underpriced and sold for a good price. As a general rule, properties that are on the market for an extended period of time are seen as risky, expensive, or otherwise undesirable to potential purchasers.