Stage Your Home with These 5 Tips

Staging is a vital tool when selling a property. The majority of buyer’s agents say staging can increase offers by anywhere from 1% to 20%, according to a report from the National Association of Realtors. 

On a home listed at $400,000, that could mean up to $80,000 more.

Do you want to market your property better, or potentially fetch a higher sale price? Keep these staging tips in mind:

  1. Focus on important rooms. If you don’t have time or want to spend enough to stage the whole house, focus your efforts on a few rooms. NAR’s staging report shows that buyers value staging most in the living room, main bedroom and kitchen.
  2. Let some light in. Light (particularly natural light) opens up a space and makes it appear larger, so focus on light-reflecting colors and lightweight drapery. You can also add a few carefully placed mirrors to reflect even more light.
  3. Consider the use of the room. You want buyers to envision themselves in the home, so focus on what each room is used for when staging. Show them what life could be like if they purchase the home: Set the table in the dining room, add a cozy throw blanket to the living room sofa, and turn on the reading lamps by the bedside.
  4. Don’t forget outdoor spaces. Curb appeal is important, too. Spend time arranging your front door and porch, cleaning up the yards and making your home look more welcoming.
  5. Keep it simple. Be wary of staging your home with too-trendy decor. Minimalist, neutral palettes are timeless, and they’ll ensure your home appeals to everyone who steps foot in it.

Want help selling your property? Get in touch so we can work together to make it stand out from the competition.

How to Pay for Your Home Improvements

You’ll probably want to improve your home at some point.

It might be out of necessity if you need a new roof or fence — or you might want more space or additional amenities, like an updated kitchen or a swimming pool.

Whatever the reason for your projects, you’ll likely need some help paying for them.

Are you planning to make some improvements around the house soon? Here are four ways to cover the costs.

  • Home Equity: You can leverage your home equity to cover home improvements. Among your options are a home equity loan, cash-out refinance and home equity line of credit (HELOC). The latter, which functions more like a credit card, is a good option if you’re not sure how much you need or if you need cash over an extended period.
  • Cash Savings: This can be a great way to pay for any home repairs or updates — just make sure you’re not draining your emergency fund. You should always have a healthy amount of savings as a homeowner so that you’re ready for maintenance, repairs and other expenses even if you hit a financial snag.
  • Home Remodeling Loans: Renovation and remodeling loans are designed just for this purpose. You can use them to cover repairs, updates and other improvements, then pay the costs back over time as with any other type of loan.
  • Credit Cards: These should be a last resort, since credit cards typically come with higher interest rates than other financing options, like loans and lines of credit mentioned above. 

Are you considering buying a new property instead of doing updates? Or do you need a referral to a trusted loan expert? Get in touch today for assistance.