If you're trying to sell your home, you may find these statistics very interesting. According to a study last year by the National Association of REALTORS, staging a home can increase the final selling price anywhere from 1-10 percent. Over 60 percent of seller's agents also believe staging reduces the amount of time your house will spend sitting on the market. Which room is staged most often? The living room, which comes in at 83 percent, followed by the kitchen at 76 percent and the master bedroom at 69 percent. Here are three tips to stage your living room.
Minimize, Clean, And Spruce Up
The goal is to enable prospective buyers to envision themselves relaxing and entertaining in this space. That's not easy to do if your stuff overwhelms the space while the kids' fingerprints and artwork coat the walls.
Hopefully, you will be moving sooner than later, anyway, so start purging and packing now. Remove any personal items, such as a gallery wall of family photographs. If the living room has a closet or built-in storage and bookshelves, clear the clutter to showcase the maximum space. Take an unbiased look at your living room furniture. Remove any extra-large pieces, which will make the room look smaller.
If the carpeting is soiled, have it professionally cleaned. If it can't be completely cleaned, with all stains removed, you're better off removing it and installing new flooring. Most buyers are turned off by the thought of other people's germs and the idea of having to do work before they can even more in. The same mindset applies to the paint. If the walls are painted your favorite funky shade of red or are just dingy and dirty, chances are, this will not appeal to a prospective buyer.
Decide The Main Focal Point
Now that you have a clean slate to work with, decide what the room's best feature is. Is it a fireplace? The view out the French doors leading to the deck? Even though it may not be convenient to where your home theater system is located, situate your seating group around this focal point. This will keep the emphasis on the home itself rather than your things.
Accessorize The Room
While you want your personal items minimalized, you also don't want a stark room that feels sterile. A colorful flower bouquet on the coffee table, a bundle of logs on the hearth, and a coat rack and side table near the entry will all make the space feel comfortable and homey.
If interior design and decorating aren't your thing, your best bet is to hire a professional home staging service. Remember, the money you spend will likely be recouped with a quicker, more lucrative sale.