Tuesday, December 18, 2007

Staging Statistics

"Your Investment in ASP Home Staging will always be less than your first Price Reduction"- Barb Schwarz, The Creator of Home Staging
Return on Staging InvestmentThis chart shows the average return of your Home Staging investment versus condition-based improvements.

Typical Recommendations / cost / potential gain
Lighten and brighten
cost: $86-110 potential gain: $768-935 (769%)
Clean & de-clutter cost: $305-339 potential gain: $2,093-2,378 (594%)
Landscape & trim cost: $432-506 potential gain: $1,594-1,839 (266%)
Staging Furniture cost: $212-1,089 potential gain: $2,275-2,841 (169%)
Total Cost: $1,035-2,044 potential gain:$6,730-7,993 (478%)

Fix plumbing, electrical cost: $338-381 potential gain: $922-1,208 (196%)
Kitchen/bath upgrades cost: $1,546-2,120 potential gain: $3,823-4,885 (138%)
Repair flooring cost: $1,531-1,714 potential gain: $2,267-2,589 (50%)
Paint exterior walls cost: $2,188-2,381 potential gain: $2,907-3,233 (34%)
Replace carpeting cost: $2,602-2,765 potential gain: $3,585-3,900 (39%)

Based on 2003 HomeGain Survey of 2,000 real estate agents nationwide found that moderately priced home improvements, ranging from $80-2,800, made in preparation for sale actually yield the highest returns when a house is sold.

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