The experts agree. If you want to maximize your potential to sell your home quickly and for more money, make your kitchen a priority. Potential buyers will focus a lot of attention on your kitchen. Does it look clean, sharp, up-to-date, or is it more of a fixer-upper? Can they see themselves being comfortable and happy in this kitchen? The answer to these questions will surely effect their decision to buy and the price they might be willing to pay.
Especially right now, considering the state of the housing market, you'll want to put the best face on your home you possibly can in order to compete. A staged home stands out. A staged home gets noticed, and that's likely to mean a quicker sale and more money for you.
What Is Home Staging?
Home staging is the act of preparing a private residence for sale in the real estate marketplace. The goal of staging is to make a home appealing to the highest number of potential buyers. Thereby selling a property more swiftly and for more money. Staging techniques focus on improving a property's appeal by transforming it into a welcoming, attractive product that anyone might want.
The kitchen is the most important room in the home to stage. Cleaning, painting, rearranging your kitchen might be all that's needed to put your best face forward. But if your kitchen is looking a bit tired, a little bit old, you might want to consider kitchen remodeling cabinet refacing.
Kitchen Cabinet Refacing
Kitchen cabinet refacing can bring new life to your old kitchen. Its a terrific alternative to remodeling your kitchen, which can be a more expensive proposition and usually takes weeks to complete. Refacing means replacing the doors and hardware on your kitchen cabinets and drawers and repainting or covering the exposed frames in a matching veneer. It is far less expensive than remodeling and can generally be completed in a matter of days. It is a quick and affordable way to increase your home's value and improve its appearance.
Staged homes appear to be “Ready to move-in”. Buyers overwhelmingly prefer homes where they can just move in and enjoy it without a majot hassle. A properly staged home appears to be well-maintained and cared for. Appraisers see this and are more likely to appraise the home higher than a similar non-staged home. And realtors are more likely to be excited about showing your home and pass that feeling on to potential buyers.
Research shows that well staged homes sell approximately 32% faster than non-staged homes. They also sell for 3 to 10% more. So, for example, if your home is currently worth $250,000, and you reface your kitchen cabinets as a key part of your staging plan, you could be adding as much as $25,000 to your home's value. And selling it more quickly and easily!