Where to Spend and Where to Save When Selling Your Home pt.1
10 Jan 19
Home staging is all about enhancing a house to appeal to the most number of potential buyers. Just as you wouldn’t expect to get a good price for a car with no service history or scratched bodywork, so a house needs to look well cared for and attractive to sell for the price you’re hoping for.
Here are some common tricks and tips for home staging that you can use when selling your property. Be open minded and remember, how we live in our homes and how we present them for sale are often very different things.
Know the basics
You’ll want to create a welcoming first impression, so an hour or so before the viewing, throw open the windows to really freshen up the place, but don’t use chemical air fresheners, which could trigger asthma attacks. Remember to close the windows again during the winter and to light the fire, turn on the heating and switch on a few lamps to create a cosy atmosphere. Keep pets and all their paraphernalia outside or in the utility room during viewings, and sprinkle around drops of essential oil, such as lemon, bergamot or geranium, for a spot of aromatherapy. Leave your estate agent to conduct the viewings and let the house sell itself.
Understand why you should stage your home
Have you ever viewed a show home on a new development and felt so at home you wanted to move in right away, or felt inspired to go home and make some changes in your own house? Property developers and interior designers work closely with estate agents to create the right look and feel for target buyers. Don’t forget that your house could be competing with a new build down the road (which may have stamp duty and part exchange incentives), so your house needs to have some major selling points, too.
And in the US, where home staging is a longer established industry, houses that have been staged typically sell in half the time and for 8-10% more than unstaged ones, according to the Real Estate Staging Association.
Consider the kitchen
Save It’s rarely worth the time and expense of buying a new kitchen when you’re selling your home. Your buyer is likely to have very different requirements and taste, and the kitchen will often be updated or replaced by the new owners anyway. Kitchens do sell houses, however, so make it look as good as possible without ripping it out and starting again.
Spend Consider replacing worktops and splashbacks, or even just re-grouting your tiles. Add decorative touches, such as fresh flowers, fruit in a bowl and coordinating small appliances, and keep the worktops as clear as possible to maximise the sense of space. Adding decorative touches and removing purely functional items in this way implies plenty of space and storage – and who doesn’t want that?
Give each room a purpose
Spend If you’re currently using a bedroom as a study, walk-in wardrobe, playroom or boxroom, it’s really important to present it as a bedroom when you put your house on the market, since the number of bedrooms is such a valuable selling point. Consider buying an inexpensive bed and making it up – you can always sell it later on if it isn’t needed in your new home.
Save Start packing what you won’t need for the next few months and store the boxes in your loft or garage. Decluttering like this will help sell your house, and save your time when it comes to the big move!
Spruce up your front garden
The front garden is a critical part of your home’s presentation. Take a good look at what your buyers may see as they arrive. You may not notice the cracks in the render or the plants growing out of the downpipe, but your buyers will, so get it addressed before you go on the market. Start a list of everything that could be done to update or improve your home, from weeds and cracked paving to dirty windows and slipped roof tiles. Buyers will either be put off, or make a low offer if they feel your home isn’t well cared for.
Save Investing in laying a new driveway or path is generally not necessary…
Spend…but gravel is an inexpensive and popular landscaping option, so use it if your path needs an upgrade.
Get some kerb appeal
Save A bit of elbow grease may be all that’s needed to improve that important first impression of your home. Is the front door cobweb free and gleaming? Does the doorbell work? Add a smart and inexpensive house sign with a clear name or number. It’s really off-putting for buyers to struggle to find your home.
Spend Do invest in a pair of pots either side of your front door, containing a healthy evergreen shrub, or a hanging basket or two in spring and summer. Add some outdoor lights for winter viewings – some fairy lights in a tree or solar lights to line the path.
Create an uncluttered welcome
Your hallway sets the tone for your whole house, so it needs to be beautiful, inviting and, most importantly, uncluttered.
Save Don’t make viewers squeeze past over-laden coat racks, piles of shoes and buggies. Stow everything away out of sight to show that your house has ample storage.
Spend No need to splurge here at all. Simply dress a console table with a vase of flowers and ideally place a large mirror over it. Your buyers will soon start to imagine themselves living a serene, uncluttered life in your home and be excited to see how the rest of the house looks.