How Much Does Home Staging Cost?

Recent National Association of Realtors’ statistics show that you can increase your chances of a quicker, higher offer home sale if it’s been staged prior to listing it on the market. In fact, about 60% of home sellers’ agents claim that staging your home can increase the sale price up to 20%. Furthermore, 90% of all homeowners that employed a staging furniture rental service in Toronto prior to listing them spent significantly less time on the market than those that weren’t staged.

What is Home Staging and why is it important?

Staging involves much more than decorating with flowers and plumping pillows. It’s actually an art requiring a considerable amount of skill. Basically, a professional home stager combines interior design skills with successful real estate marketing strategies. A quick trip to the mall or shopping center will help you understand why the appearance of your home is vital to selling it.

How much will it cost to Stage Your Home?

If you’ve already inquired about the cost to stage your home, you’ve probably gotten quotes that ran from as little as $300 or $400 while others ran into the thousands. So it’s not surprising that you may have been confused as to what you would actually when hiring a staging furniture rental expert in Toronto to accommodate your needs. In order to determine the cost, we need to know if an owner-occupied home or a vacant home is being staged prior to listing it on the market.

It typically costs more to stage a vacant home because the stager has to provide the furniture and décor. That’s where those monthly fees can really add up. You’re paying for those staging furniture rental items in Toronto room by room and month to month. Thus, the costs will increase based on the number of rooms you’re furnishing and the length of time those items are being used. Consequently, the average cost to stage a smaller home is around $1,500 while much larger floor plans can cost up to $10,000 or more. You might want to check out the cost online to get a better idea and see if it matches your budget.

An owner-occupied home is a completely different story because the stager can use the existing décor and furnishings to complete the staging project. Since you’re eliminating the rental (and possibly transportation) costs, this will result in a significant savings on your behalf. Although staging a lived-in home is usually more cost-effective, this isn’t always the case, especially if the stager has to spend additional hours styling around the existing furnishings.

For additional information about staging furniture rental options in Toronto, contact Elite Furniture Rental today.