Home staging—where you decorate your house to entice buyers to bite—may seem counterintuitive at first blush: Why spend money on real estate if you are moving out? Because home staging can get you more money for your home sale.
If your real estate agent (here is how to find a real estate agent in your area) has suggested staging, it is because evidence shows staging real estate is usually well worth the effort. On average, staged homes sell 88% faster and 20% more than nonstaged homes, which is nothing to sneeze at. But just how much does home staging cost? Here is the scoop, so you can decide if paying a professional stager is worth the investment for you.
How much will stage a home cost?
File this one under “obvious”—but the pricier the staged home, the higher the potential home staging costs. As a rule of thumb, the average cost for most stagers is $300 to $600 for an initial design consultation and $500 to $600 per month per staged room.
“Therefore, staging a 2,000-square-foot home would cost around $2,000 to $2,400 a month,” explains interior staging companies. Most professional home stagers also require a three-month minimum staging contract, “even if you sell the home in 24 hours.” That could bring your final staging bill to $7,200.
Home staging might sound expensive, but if you own a vacant home, for example, you are already paying lots of bills every month that your upstaged house sits empty. If a home stager can help buyers envision how fabulous your living room looks with a little classy furniture and tasteful decor, the costs of home staging maybe some of the best money you have ever spent.
What can make staging cost more?
Most home stagers work with the knickknacks and art that the homeowner already owns. But sometimes home stagers “need to purchase new accessories, fresh towels, flowers, and/or fruit, as these small touches make a big difference,” says staging services cost with Your Home Matters Staging and Redesign, which serves Chicago and south-eastern Wisconsin. This is especially true with a vacant house. The stagers’ new purchases will add to the overall cost of the project.
The layout of your home could also add a cha-ching to the home staging costs. Home stagers often use lightweight versions of basic furniture pieces. However, a home staging job that requires heavy lifting in a multistorey house still usually means hiring additional help to move furniture.
And if you are listing a vacant home because you’ve already moved out, you’re looking at home staging costs that include rental fees for every stick of furniture and all furnishing and decor items from a stager.