When a home market is competitive, it means there are few available homes against the demand or potential buyers. Typically, prospective buyers would be competing for homes available in the market. That means hiring Toronto staging companies in such a competitive market may seem like an unnecessary additional expense because you can sell your home in its existing condition easily. But this isn’t always the case.
Even in a competitive market, according to most staging companies Toronto, homeowners should not consider home staging as an additional expense but rather value addition. Here are reasons to stage your home, whether physical or virtual staging, even when the real estate market is competitive.
1. Sell Your Home Quickly
A study of 2000 Americans concerning first impressions published by the New York Post reveals that it takes an average of 27 seconds to make a first impression. Interestingly, 69% of people form a first impression when they make contact, even without a conversation. The staging process creates a strong first impression by allowing the buyer to have an emotional connection and envision themselves living in the house within a few seconds of viewing the home.
In fact, a study by the National Association of Realtors showed that 28% of realtors shared that a staged home sold within fewer days of listing compared to a non-staged home. So, consult with a reliable home staging team if you want a successful sale within a short period.
2. Fetch up to 20% Higher For The Home
In our experience, home staging allows homeowners to fetch top dollar for their homes if they furnish the homes, making it attractive to home buyers. Of course, you’ll need to work with an experienced home staging and interior design company in Canada.
In collaboration with a professional home stager, the value for such a home may sell for 17% to 20% higher compared to a similar house that is un staged within the locality. This is not a possibility but a reality based on a 2021 study by the National Association of Realtors. And one more reason to consult with Toronto staging companies.
3. Maximum Use of Spaces
An empty home may appear smaller when the potential home buyers visit the house and may have a hard time envisioning living there. Also, if you do the staging yourself with little experience, the place may look cramped and too small.
However, when Toronto home staging companies like ALT furnish homes, they avoid oversized furniture or decor that may make the place appear cramped. Instead, they will customize each piece of furniture and decor to make the home cozy with beautiful aesthetics and appear larger.
4. Offer Real Value to Home Buyers
An old wise saying is that you should strive to leave a place better than you found it. You have lived in the said home, and it’s time to leave, make the place better. Staging a home is not just about fetching top dollar for the home but rather ensuring that the next family that moves in will not only be confident about their purchase but will have a well-maintained home that the previous owners proudly preserved.
Should you consult with Toronto Staging Companies?
It’s an open marketing secret that consumers buy on emotions and then try to justify their purchase with logic. A well-furnished home that offers value, ambiance, and confidence is enough logic to justify a purchase of whatever value. Therefore, it’s in your best interest to consult with staging companies Toronto if you intend to sell your property.