9/29/07

Home Staging Statistics

A staged house sells for more money:
U.S. Housing and Urban Development reports that a
staged house sells, on average, 17% higher than an
unstaged house.

Statistics suggest staged houses sell at an average of
6.32% over what they are listed for. Non staged homes
only average 1.6% over the listed price.

A staged house sells faster:

The New York Village Voice reported that the average
number of days on the market for a staged house was
13.9 versus 30.9 days for an unstaged house.

The cost of staging is very reasonable:

2003 HomeGain survey of 2,000 real estate agents
nationwide found that moderately priced home
improvements, ranging from $80 - $2,800, made in
preparation for sale actually yielded the highest returns
when a house is sold.

Did you know:

Only 10% of home buyers can actually visualize the
potential of a home.

A recent study by the National Association of the
Remodeling Industry found that a $700 paint job results in
a 200% recovery of the cost upon resale of the home.
(National Post, Mar. 11/04)