The 2006 Royal LePage House Staging Poll (conducted by Maritz Research) revealed that renovations can often boost a home's value but sometimes too much of a unique style can be detrimental when it's time to sell. Thirty-six percent of potential buyers said that they would be willing to pay a premium for a home with updated décor. Surprisingly, more men than women viewed décor as a necessity with 41 per cent of men versus 30 per cent of women claiming they were willing to pay a premium for this feature.
"First impressions are key in real estate as buyers often make up their minds about a home within the first few minutes of entering the front door," said Dianne Usher, senior manager, Royal LePage Real Estate Services. "As the real estate market begins to moderate in many markets across the country, the need to impress buyers becomes even more crucial. A combination of the right renovations with modern and tasteful décor is the best way to do that."
Lisa Tollis, Sales Representative
Royal LePage State Realty, Brokerage.
source:Royal LePage Canada
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