Make The Most of Your Renovation with HSR: Home Staging
This investor knows how to get the most bang for the buck in his renovations! HSR recommended new kitchen cabinets, paint colors, carpet and fully staged the property. This client “Staged Right” and followed 100% of our recommendations. The color palette flows smoothly from room to room, drawing potential buyers in. Results: This home is under contract after the FIRST showing! Sellers, don’t put your home on the market without staging. Your home’s first impression can make the difference!
|Time on Market||37 days||182 days|
|Carrying Costs $880/ mo. mortgage, utilities, taxes||$ 1,760 (based on 60 days)||$ 5,280 (based on 182 days)|
|Cost of Staging||$ 1,500||—|
|Average Sale Price||$ 110,000 asking price||$ 100,000 after two $5K price reductions at 2 mo / 4 mo|
|Net Sale Price – carrying / staging cost||$ 106,740||$ 94,720|
Value of Staging
$ 12,020 !!
*Specific example based on available information. Results differ based on individual properties.