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What is Home Staging and is it Worth it?

What is Home Staging and is it Worth it?
3 mins read Aug 09, 2024
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✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in commission, compliance and litigation risks have significantly increased for sellers throughout the nation. Learn how NAR’s settlement affects home sellers.

From Miami to Seattle, sellers are securing additional profits of up to $18,900 by staging their homes. Not just that, staged homes are selling faster than the unstaged competition. 

In 2023, the median sale price will decline, and an average home will spend more days on the market. With home staging, you can sell 9 days faster and for up to 5% more than the asking price.

Here’s our guide on home staging – what it means, why you should do it, how much it costs, and if it’s worth the investment.

🏡 4 Reasons to Stage Your Home

  1. You Will Sell Faster: Staging reduces the days on the market and helps you sell fast. As per a study, staged homes can sell up to 30 times faster than unstaged ones.
  2. You Will Attract Higher Offer Prices: Staging can increase the offer value for your home by 1% to 5% compared to similar unstaged homes.
  3. Home Staging Offers a High ROI: With an average investment of 1% of the sale value, you can expect an ROI of 5% to 15% above the asking price.
  4. Buyers Can Visualise Their Future in Your House: 81% of buyer agents claim that home staging helps buyers visualize their future in a house.

» Best Home Staging Companies: Check out 2023’s top staging companies.

What is Home Staging?

Home staging means preparing your home for sale with or without the help of a professional home stager. Home staging is prepping your home for sale to attract more home buyers.

Professional home staging largely involves cleaning, rearranging, or renting furniture, and other aesthetic tactics to make your home visually appealing.

How Much Does it Cost to Stage a House?

As per Homeadvisor’s data, home sellers spend $755 – $2,844 on home staging. However, it varies largely depending on the location and the number of rooms you want to stage.

Also, home staging prices vary depending on the type of property. For instance, a low-end small house will cost much lesser than a high-end luxury property.

» How Much Does Home Staging Cost: Read to know more

Is Staging a Home Worth it?

Yes, home staging is completely worth it. According to RESA, homes staged sold for $40,000 over the list price in 2021. Also, staged homes sell 9 days faster.

» Best Home Staging Companies: Discover the top staging companies near you

Home Staging Companies Near You

Top Home Staging Tips

Here are the top home staging tips you cannot miss:

  • Make a Remarkable First Impression
  • Paint Your House Neutral
  • Get rid of Unnecessary Furniture
  • Remove Personal Photographs

» Home Staging Tips: Pro tactics to stage your house for sale

Frequently Asked Questions

1. What does home staging mean?

Home staging means preparing your home for sale with or without the help of a professional home stager. Home staging is prepping your home for sale to attract more home buyers.

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