Lifestyle questions and answers

Ask a question on any topic and get answers from real people on Yahoo! Canada Answers

Fluff your house for resale

Home staging tips and tricks to help you sell faster

By Liza Finley
1 | 2

You want to sell your home, and fast. So how big a deal is the flaking paint on the windowsills and the stained carpeting in the basement, really? It depends. If you want to make top dollar, those cosmetic deficiencies can amount to thousands below your asking price. Worse, a house that falls short of near-perfection will draw fewer buyers, protracting the painful selling process.

Without question, house staging, or restyling a home's decor to impress potential buyers, is critical to a successful sale. In fact, staging gives new meaning to home theatre: A little razzle-dazzle and some smoke and mirrors can amount to getting a quick, profitable sale. Clive Pearse, host of the popular show Designed To Sell on HGTV and contributor to Designed To Sell: Smart Ideas That Pay Off, sums it up this way: "In the some 100 episodes of the show, 98 of the houses we've staged have sold over the asking price."Sold?

How much is enough?

Okay, so you know you need to spruce up before you sell. But how much money do you pour into the house you're vacating? According to a 2005 study conducted by Maritz Research for Royal LePage, 54 per cent of Canadians believe that $2,000 or more is the magic number. And they're right. Toronto-based real estate agent Michele Chan says most well-maintained homes merit $2,000 to $2,500 in small fix-ups, though Tim Badgley, designer and co-owner of Acanthus Interiors in Port Hope, Ont., argues that even a meager $1,000 goes a long way in paint and throw pillows. Listen to home editor Virginie Martocq as she breaks down by price just how far $1000 can go.

Ask yourself: Am I really ready for this?

Selling and staging your home will require you to stop seeing your property as a family home and start seeing it as a commodity, one that you need to regard with detachment and impartiality, says Pearse. In other words, Grandpa's stamp collection isn't special to anyone but you, and if you can't bear to take it off the wall in your rec room and part with it for a couple of weeks, maybe you're not ready to part with your home, either.

Top five staging tricks

1. Create curb appeal. Before a prospective buyer books an appointment to view your home, they've likely driven by it a few times. If they don't like what they see out front, they probably won't step foot inside. So put flowers or greenery in planters, hide the garbage and recycling bins, stow the kids' bikes and sweep the porch.

Tip: Do a drive-by shooting. Drive past your own house, taking a few photos as you go. Would you buy this house?

2. Rent a storage locker. You'll need it. Whether you're a certifiable pack rat or not, the "less is more" principle is well-applied to house staging. "Buyers want to see the house, not your belongings," says Chan. "And when belongings are stripped to a minimum, the house looks bigger." So clean off countertops in the kitchen and bathroom, put away at least half of all your clothing so closets appear more spacious, and pack up personal knick-knacks. "Remember," says Chan, "people aren't buying four walls, they're buying a lifestyle. They need to be able to see themselves in the house and they can't do that if it's filled to the brim with your personal memorabilia."

1 | 2

Not Yet Rated

0 Comments

LEAVE YOUR COMMENT
character(s) remaining

You must sign in to leave a comment

TODAY ON YAHOO!

Sports

Montreal Canadiens' Travis Moen, right, is checked into the boards by Detroit Red Wings' Brad Stuart during third period NHL hockey action in Montreal Saturday, Nov. 21, 2009. THE CANADIAN PRESS/Graham Hughes


Datsyuk scores regulation goal, SO winner as Red Wings beat Canadiens 3-2
The Canadian Press - MONTREAL - The scourge of injuries that has hit the NHL this season continues...

Business

A sign is pictured outside Nortel's Carling Campus in Ottawa August 10, 2009. REUTERS/Blair Gable


Ciena takes Nortel unit auction to 2nd day: sources
Reuters - NEW YORK (Reuters) - The auction for Nortel Network's optical networking and carrier...

Odd News

Authorities say man who fastened lizards to chest caught at Los Angeles airport customs
The Canadian Press - LOS ANGELES - Federal officials say they arrested a man who strapped 15 live...