For most of us, our home is the biggest investment we will ever make. When it comes time to sell, treating your home as such will help you get a bigger return on your investment. You want it to look it’s very best when potential buyers come through or view your photos online. First impressions matter, which is where home staging comes in. Home staging emphasizes its strengths and minimizes its weaknesses. This is important for your marketing photos and when potential buyers are trying to visualize a life there.
Here are a few tips to help you get your home ready to sell.
One of the first things you want to do is declutter. Clutter
takes up space and space is what sells. Make your home look bigger and more
desirable by editing down to just the basics.
De-personalizing goes hand-in-hand with decluttering. You want
potential buyers to be able to picture their things in the house. Go
room-to-room and clear off the countertops, desk tops and shelves of all
personal items. This includes your family photos. In this case, less is
Cleaning goes a long way to improve the look and feel of your
investment. A deep clean before you list the home is a good idea, but then set
aside time each week to give the floors and bathrooms a once over.
Spackle and Paint
Now that your home is decluttered, de-personalized and clean, it’s
a good time to spackle and paint. Filling in the holes and applying a fresh
coat of paint will freshen the look of the house. Using lighter colors like
white or beige will make the room feel bigger.
The National Association of REALTORS took a look at the value staging a home brings to the selling process, the return on investment or ROI. Here is what it determined.
83% of buyers’ agents say that staging makes it
easier for buyers to visualize the property as their future home.
44% of buyers’ agents say that staging a home
increases the dollar value offered
53% of sellers’ agents say that staging a home
decreases the amount of time a home spends on the market
95% of agents recommend that sellers declutter
their home before putting it on the market.
When it comes to the return on investment, a staged home will sell faster and for more money than a non-staged home. The results of a recent Coldwell Banker survey show staged homes sell for more than 6% above the asking price. For a $200,000 listing, that’s $12,000 extra in the seller’s pockets.
The second quarter of the year marked a healthy springtime market for Eugene and Southern Oregon. New listings and
active listings surged, the average for days on market narrowed in most cities and even if closed transactions inched
downward, pending transactions for the second quarter showed signs of seasonal promise.
DAYS ON MARKET
Average days on market in the second quarter of 2019 was 42 days, a 6.7% decrease from year-ago figures. In Sweet
Home, days on market surged 44% to 46 days, while year-over-year averages fell in Albany, Lebanon and Roseburg.
CLOSED TRANSACTIONS AND PENDING SALES
The number of closed units dropped 6% this quarter from 2018. Pending sales fared better this quarter, jumping 18.4%
from the same time period in 2018. Closed transactions fell year-over-year in Albany, Roseburg Sweet Home and Leb-
anon, with the latter city experiencing a 21% dip in closed sales from year-ago figures. Pending sales fared better this
quarter, jumping 18.4% from the same time period in 2018.
AVERAGE SALES PRICE
Average sales price posted a moderate first quarter, up 2.6% year-over-year in the region to $300,783. Prices for homes in
Corvallis were up 10% this quarter, landing at $408,960, the highest average price in the region.
As with most markets this quarter, Eugene and Southern Oregon saw a boost in both new and active listings. New listings soared year-over-year by 63.5% to end the quarter at 1,442.