Staging is an effective tool available to sellers for marketing their home to the maximum number of potential buyers. It is a small investment compared to a potential price reduction if the house sits on the market for an extended period of time.
It is estimated that only 10% of home buyers can visualize the potential of a home. That means 90% are not going to be able to look past dirt, clutter, and imperfections. According to the National Association of Realtors (NAR), the average staging investment is between 1 and 3% of the home's asking price, which generates a return of 8 to 10%. That is an excellent investment. In a 2009 Home Gain Survey of over 2,000 Realtors, it was discovered that home staging typically provides a 586% return on investment.
Remember, you only have one chance to make a great first impression. The charts below (CMHS) detail the items that influence a buyer's decision and the items that are in the seller's control.