Pump Up the Value  
Get High Return on your Renovation Dollar
  
Most homes are not living up to their financial potential. With a little jigging your home can be worth much more, and that would make most people much happier.
 
Here are a few quick ways to Pump Up the Value and increase you Return on investment!

1. Update kitchens & bathrooms. Replace old faucets, and add granite counter tops. Install a back splash in the kitchen. It's an investment and you will recoup more than you spend.

2. Lighten & Brighten. This means deep cleaning, clean windows and choose lighter paint colours. Updated and clean lighting fixtures and add high watt bulbs.

3. When opportunity knocks, make a good first impression. Since the front door is the first thing that buyers touch, it's important to have yours in tiptop shape. Buyers will make their decision in the first 15 seconds standing at your door. So clean up the yard and add curb appeal plants, as many as you can afford.

Hire a Home Stager. This alone has proven to get homeowners over 300% back on there investment.

Project                                         Typical Cost         Price Increase            Average Return on Investment

From a 2005 National Association of Realtors® survey

• 77% of people view homes first on the Internet.
• 75% of buyers who searched on the Internet went on to view or drive by the homes.

From a 1999 Proctor & Gamble survey

• When deciding to view a house, 78% of objective elements are generally pre-determined before viewing: they are location and size – both things are outside of a seller’s control.
• Elements that create 72% of the first impression inside the home are within the control of the seller – well-trained staging consultants know how to show these to their best advantage.

From a 2003 Home Gain Survey of 2,000 real estate salespeople

• Moderately priced home improvements, ranging from $800 - $2800, made in preparation for sale, yielded the highest returns when a house was sold.

From a 2004 survey by Joy Valentine – Coldwell Banker Broker on 2772 homes in 8 cities

• Homes that were staged sold in 13.8 days.
• Homes that were not staged sold in 30.9 days.
• The staged homes realized on average a 6.4% increase over the list price.

From Dewey Sadka, Colour Expert

• 40% of paint sold is as a result of incorrect color choice.

From the 2005 and 2006 Maritz Research staging polls        

• 58% of buyers made a decision to buy after seeing 10 properties – effective staging keeps your house on the list of must-see properties. 
• 79% of sellers are willing to spend up to $5,000 to get their house ready for sale – working with the right staging consultant maximizes your return on investment.
• 63% of buyers were willing to pay more money for a house that is move in ready.
• 86% of those surveyed said storage space is important to potential buyers – effective staging maximizes space and spaciousness.
• Top three interior features for selling were freshly painted walls, organized storage space and current flooring – effective staging will address all three.
• 52% of buyers said the kitchen had the most significant impact on their purchasing decision.  
• 79% of buyers indicated they would be willing to pay a premium for a home with an updated kitchen.
• Men (41%) are more likely to place a premium on updated décor than women (30%).

 Yeah, the last one suprised me to!

Now you have the facts. Contact Styling Spaces today for a quote to make your space a better place!

 Statistics show:

• You only have 15 seconds and one chance to make a great first impression.
• The longer your house is on the market, the lower the selling price will be. A well staged home spends 50% less time on the market,and home sells for at least 7% more than a comparable non-staged home.
• Most buyers form an opinion within the first 15 seconds, at the front door!Then spend only 5 minutes looking at a property
• A buyer stays in a vacant house an average of 5 minutes but lingers in a well furnished home an average of 40 minutes.
• Statistics show that 9 out of 10 people cannot visualize how the property could be.
• Staging helps the buyer to emotionally connect with your home. It allows them to mentally move in, not move on.
• Your investment in Staging now is less than your price reduction later.
• Staging helps market your home on line- where 90% of all buyers shop first. Make those pictures count!  
   

Contact Styling Spaces today to recieve your FREE home staging tips.