Lafayette, Indiana, recently ranked number seven on The Wall Street Journal/Realtor.com's "Emerging Housing Markets Index." This was a review of the 300 metropolitan areas throughout the country.
This is great news for property owners and investors, but it also means increased competition in Lafayette home sales. It means sellers need to leverage all available tools to set their property apart. One of these is home staging.
This article explains how this process works and the many benefits it affords. Keep reading to find out how it might help you sell property in Lafayette.
What Is Home Staging?
Home staging is a broad term that refers to the process of preparing a
property for sale. It involves a combination of many different steps, which often include:
- Decluttering
- Depersonalizing
- Cleaning
- Furniture placement
- Decor and accessories placement
- Lighting adjustments
The first two steps are usually handled by the seller. If they do not plan to remove all personal items before the home goes on the market, the stager may ask them to consolidate them into a garage, basement, or other storage area.
Depersonalizing entails removing any items that might distract potential buyers. For example, stagers may ask sellers to remove a college team flag flying on the front porch. Other items may be appropriate to leave.
Real estate professionals then have the house thoroughly cleaned to ensure it is fresh and inviting. They will arrange furniture in most living spaces, and usually one or two bedrooms (depending on the size of the home).
Finally, stagers will put up tasteful decor and accessories to enhance the home's appeal. They will adjust the lighting to highlight various features or to give rooms a particular feel.
How Is Home Staging Useful?
There are several reasons that a seller would want to stage their home. It can be particularly beneficial for sellers who have already moved out and do not have any furniture in the home. Presenting a cluttered home can be detrimental to selling, but so can a vacant one.
A major benefit of property staging in Lafayette is that it helps present the home in the best possible light. Experienced real estate professionals will know exactly what is enticing to the most prospective buyers.
A survey by the National Association of Realtors reports that 81 percent of buyers' agents say that staging makes it easier for their clients to visualize the future of the home. More than half of them said that home staging affected most buyers' view of the home.
Finally, staging can also help mask any potential deficits in the home. For instance, stagers might leave smaller rooms vacant to make them look more open. They might come up with creative ideas for awkward or underused spaces.
Learn More About Home Staging Benefits for Lafayette Homes
Home staging is a fantastic way to put your home's best foot forward so that it attracts the most buyers. It can help ensure you get the highest possible offers and that the property sells quickly.
PMI Lafayette has been perfecting and changing the property management industry for more than 20 years. We are locally owned and independently operated, and provide professional comprehensive real estate management and brokerage services.
Reach out to us today to schedule a free consultation or to discuss home staging tips in Lafayette.
