- Improving curb appeal can increase the value of a property.
- Home staging prepares a home for sale to make it appealing to potential buyers.
- Decorating with furniture, decorations, and artwork can help make a house feel warm and inviting and make the space appear larger.
- Adding art pieces or decorations that reflect your style can help create an inviting atmosphere in primary areas like living rooms, kitchens, and bathrooms.
- Installing updated spotlights or floodlights can draw attention to architectural features in your home.
Real estate investing is one of the most profitable investments available today. According to a study by the National Association of Realtors, real estate investments returned an average of 9%, outperforming stocks and other traditional investments. This number jumps to 13% when factoring in leverage.
The numbers are even more impressive when looking at long-term returns for real estate investments. From 1978 to 2017, real estate’s average return was 11%, exceeding that of both stocks and bonds over the same time frame. This is partly because real estate tends to appreciate faster than inflation, meaning it retains its value over time. Also, real estate investors can access various tax advantages, making it a beautiful investment vehicle.
However, you might not be happy with the final price, making it ideal to stage your property before selling. In its simplest form, home staging prepares a home for sale to make it as appealing as possible to potential buyers. Staging can add value to a home and help increase the final sales price.
Here are a few tips to consider when staging a property:
Curb Appeal Improvements
When it comes to increasing the value of a property, one of the most critical steps is improving the curb appeal. Curb appeal is buyers’ first impression when they arrive at the home. It’s essential to ensure the outside of your property looks well-kept and inviting, as this can be a deciding factor for many potential buyers.
Here are a few tasks that can help boost curb appeal and ultimately increase the value of your property:
Landscaping
One way to instantly improve your property’s curb appeal is by sprucing up your landscaping. This includes trimming trees and shrubs, cutting grass, adding flowers or plants as necessary, and tidying up flowerbeds or garden areas. These steps will give your property an instant facelift and make it more attractive to buyers.
Painting
Another great way to improve a property’s curb appeal is with a fresh coat of paint on the exterior walls, shutters, window frames, and other exterior areas. A new paint job can bring out a home’s beauty and make it stand out from surrounding homes on the market.
Clean Up
Remember that even small details like cleaning up leaves, power washing driveways or walkways, sweeping porches or decks, and removing debris from yards all add to a property’s curb appeal. Taking care of these small tasks can make a big difference in how appealing buyers find your home during their initial viewing.
Lighting
Finally, you may want to consider updating outdoor lighting as well. Installing updated spotlights or floodlights can draw attention to architectural features in your home, such as unique columns or door frames that may not usually be seen in the daylight hours. Adding lights can also create an inviting atmosphere for visitors arriving at night-time viewings.
Decoration Boost
Decorations can be a great way to boost the value of real estate. Home staging typically involves decorating and adding furniture and other accessories to make a home look more appealing to potential buyers. Furniture, decorations, and artwork can help make a house feel warm and inviting and make the space appear larger. This can be a great way to increase the perceived value of a property and attract more potential buyers.
When decorating for maximum impact, focusing on critical areas such as living rooms, kitchens, and bathrooms is essential. Potential buyers often see these areas first, so they should make a powerful impression. Adding art pieces or decorations that reflect your style can help create an inviting atmosphere in these primary areas.
When it comes to accessories, smaller items such as lamps, rugs, or pillows can all add visual interest without taking up too much space in the room. Similarly, plants are another great way to add color and life into any room – not only do they look good, but plants also have been known lower stress levels which could potentially be beneficial during negotiations with buyers!
Coir doormats can also bring a clean and polished look to your home’s entryway, making it more inviting and pleasant for visitors. It can be a sign to buyers that the house is well-maintained.
Furniture Investments
In addition to decorations, furniture can help bring out the best in a property. Using furniture to create an attractive and comfortable living space is a great way to make a house look more inviting and increase its value. Investing in quality pieces that fit your home’s overall style can be worth it if you’re looking for top dollar on your sale.
The right furniture also helps buyers imagine themselves living in the space. Try placing sofas or chairs near windows or other focal points to give potential buyers an idea of how they could use the room when they move in. Adding plants and art pieces around the room can also help complete the look and feel of any room.
Final Thoughts
Staging a home before selling is one of the best ways to boost its value and draw attention from potential buyers. Improving curb appeal, adding decorations, and investing in quality furniture are all great ways to make your property stand out. With just a few simple steps, you can increase the sale price of your real estate investment and maximize ROI.
