With the spring real estate season approaching, I thought I would share a little staging vs non staging advice. Sometimes the hardest part about being a stager is convincing a client that they should follow through with most if not all of my recommendations. I can't blame them entirely since I am asking them to spend even more money on a home they are about to leave. I wish I could show them the future just as Ebeneezer Scrooge saw his future of doom.
Well, as is happenend I can show you almost that very scenario. The condo right above our place was put on the market last September. It was renovated extensively about 7 years ago and is a 4 bdrm/2bath. List price: $475,000. Exactly one week later, another 2nd floor condo one street over was also put on the market. This house had just been gutted and renovated by a builder. Its a 3 bdrm/2 bath. List price: $489,000.
As it turned out, I did not stage the property above us even though my landlord did ask my advice. Advice was given, but unfortunately advice was not taken. One of the items I suggested doing was repainting in more neutral colors as they were strong colors that wouldn't appeal to a broad market. The colors also made the rooms look smaller. The other condo one street over used very "of the moment" neutrals.
I also suggested staging some furniture, particularly in the open living room/dining room/ kitchen area.
Here are pictures of the two condos:
The verdict? The condo one street over sold 2 months later, November 1st. The condo upstairs from us lowered the asking price to $440,000 and finally took it off the market January 1st without any buyers.
There you have it folks. There are many factors involved in getting a house sold, but staging can play a very important part!