Internationally Renowned Renovation Expert Naomi Findlay shares some of her best tips for property investors who want to increase auction day sale price. If you haven’t read Part 1 yet, click here.
The process of preparing and presenting your home for sale is referred to as ‘home staging’ or ‘pre-sale property styling’. It’s an essential marketing tool in your property investing tool kit.
Home staging involves the elements of maintenance and styling to present your property at its best. This is to ensure that it appeals to the widest possible range of buyers. It’s all about ROI.
THE STATISTICS SPEAKS LOUDLY!
Statistics from USA, Canada and UK show that a staged property generates an average return between eight to 10 percent increase in sale price. This is up to as much as 17 percent more than their non-staged counterparts.
Australia is yet to have a large sample size. However, data collected shows illustrated that in 2015:
average investment in home staging was between 0.4-0.75% of the estimated property value
A staged property yielded an average increase in sale price of 10% with a maximum increase reported of 15%
On average, every one dollar invested in property staging the property owner received a return of $20
Naomi Findlay is an internationally renowned expert on making money from property. She is highly skilled at renovating for wealth and an expert in creating beautiful, healthy and wealthy spaces to leverage your property for sale or rent. Click here to learn more.