How costly is vacant staging? As owner of Abella Home Staging & Redesign, I get ask that question often. When i proceed to give them an estimated projection cost, their response always is "That much!!" What they fail to realize is, how much it's costing them to have a vacant house on the market?!
I tell them them, the more time the property spends on the market, the more carrying costs they will incur!! Here is an example (courtesy of RESA):
- Mortgage: $1,800
- Monthly expenses: $300
- Total Carrying cost: $2,100
If the average Vacant home is on the market for nine months:
- 9 months x $2,100 = $18,900 in carrying cost!!
- 7 months x $2,100 = $14,700 saving!!
- Without furniture buyers have no point of reference of where the furniture may fit.
- Contrary to belief the room looks smaller without furniture.
- Without furniture in the room to detract your attention, you will see all the flaws!!
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