As a selling homeowner, you may wonder how much does it cost to stage. Often times homeowners look at staging as an expense rather than an investment. Here’s a dollars and cents way to understand the value of your investment, in other words your home staging price sheet. Let’s review the formula that shows a homeowner’s savings by utilizing home staging in their marketing plan.
If your mortgage is : $1,800.00
If your direct expenses are: $1,000.00
Total carrying cost per month: $2,800.00
Seminole and Orange County combined shows that homeowners had their property on the market for an average of 66 days. For current days on market, these statistics may be found on the Orlando Regional Realtor Association website.
$2,800.00 X 5 months = $14,000.00 in expenses.
Had those homeowners staged first, their time on market would have been cut by 120 days on average. (120 divided by 30 = 4 months). $2,800.00 X 4 months= $11,200.00
Staging their homes first would have saved them $11,200.00
YOUR PERSONAL SAVINGS
Click on the Real Estate Staging Association Staging Calculator below to go to the interactive version.