As promised, I'm back with a very fashionable topic in recent years, Home Staging.
In a nutshell, Home Staging will not only help your property stand out, but it will also be a great tool to conquer a wider range of potential buyers. It consists of refurbishing a property prior to sale using a limited and reduced budget with the aim of selling faster and at the highest price.
Normally, the amount invested in Home Staging should not exceed 1% of the sale value, but may vary between 0.5% and 4%. There is no fixed value for this type of intervention because it can vary according to the type of property.
Initially I strongly advise you to enlist the help of a Decorator, Home Stager or Interior Architect to prepare a budget for you. In addition to advising you, they will accompany you throughout the process and can also give you some innovative and fun DIY (Do It Yourself) ideas. This way, you will be able to enhance the different areas of your property in a "Low Cost" way.
Some of the tasks can be done by you or even with the help of friends or family (always under the supervision of the professional you have chosen to accompany you in this project). If you prefer to leave everything in the hands of the professionals remember that any expenses not foreseen in the initial Budget should be previously discussed.
Attention, Home Staging should not be used to hide defects or imperfections of the property. Its goal is to enhance and standardize, in other words, depersonalize the space so that each visitor can imagine himself living in it.
We can do this as follows:
One of the key points of this type of work is renovation that focuses more on the kitchen and bathrooms. These are the rooms with the greatest impact on visitors and which may decide a sale. They are also the rooms that require the most attention and imply greater expense. The aim should be to modernise and get rid off any signs of mold or water damage.
What are the advantages?
Home Staging has been gaining followers internationally, not only because it makes the sale happen faster and at the best price, but also by offsetting the investment by generating more visitors and more potential buyers, avoiding a negotiation far below the value.
I believe that in Portugal it will only be a matter of time for Home Staging to be sufficiently valued and understood so that it can finally become as popular here, as it is in the rest of the world.
In the next article I would like to give you some tips on how small changes can give a new look to your home.
Autor: Dalila Silva