How Staging Can Sell Your Luxury Home Faster and for More

How Staging Can Sell Your Luxury Home Faster and for More


If you're trying to sell your luxury home, home staging can be a huge help. By decluttering and decorating your home in a way that appeals to potential buyers, you can sell your home faster and for more money. Here are a few tips on how to stage your Charlottesville or Richmond luxury home for sale!

Study results


A study by the International Association of Home Staging Professionals showed that luxury properties like Charlottesville luxury real estate and Richmond luxury homes for sale sold between two and eight times faster than their unstaged comparable sales. Even more impressively, the data showed that 75% of staged properties sold above listing price by at least 4% and as much as 20%!
 
Charlottesville luxury real estate market trends revealed that the median list price of all homes for sale in June 2022 was $524,025, which means a staged home can sell for a minimum of $20,000 more than unstaged similar sales and as much as $104,000! The median days on the market for Charlottesville luxury real estate this summer have been below 60 days, which means that at a 2x faster sale, your Charlottesville luxury real estate listing can be under contract in under a month, and at 8x faster, it can be under contract in a little over a week! It simply makes financial and time-efficient sense to ensure your Charlottesville luxury real estate is staged before you list it for sale.
 
As for Richmond luxury real estate market trends, the median list price in June 2022 was just shy of $300,000, which indicates that a staged home can sell for a minimum of $12,000 more than unstaged similar sales and as much as $60,000! With luxury home prices, the increase in profit would be even higher. The median days on the market for Richmond luxury homes for sale this summer have been below 36 days, which means that at a 2x faster sale, your listing among Richmond luxury homes for sale can be under contract in 18 days, and at 8x faster, it can be under contract in a little over four days! With the potential increase in the selling price and such a fast sale, why wouldn't you want to stage your home before listing it among Richmond luxury homes for sale? This blog post provides proven tips to help you stage your luxury home for sale.

Start with the main living spaces


When potential buyers walk into your Charlottesville luxury real estate or Richmond luxury home for sale, the main living spaces are the first things they'll see. Therefore, you should focus your staging efforts on these key areas.

Master bedroom


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The master bedroom is one of the most important rooms in Charlottesville luxury real estate and Richmond luxury homes for sale, so it's important to make a good first impression. Start by decluttering the room and removing any personal items. Then, add some neutral bedding and decor to give the space a luxurious feel.
 
Make sure the closet is decluttered and organized, too. This will show potential buyers that there's plenty of storage space in the home.

Secondary bedrooms


While the master bedroom is the most important bedroom in Charlottesville luxury real estate and Richmond luxury homes for sale, don't forget about the other bedrooms. These rooms should be decluttered and staged as well.
 
Add some plush bedding and decor to each room for a luxury feel. Then, declutter and organize every closet to show off the storage space.

Living room


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The living room is another important space to stage in Charlottesville luxury real estate and Richmond luxury homes for sale. Start by decluttering the room and removing any personal items. Then, add some neutral furniture and decor to give the space a luxurious feel.
 
If you have a fireplace in your living room, be sure to stage it with some neatly stacked firewood and some decor on the mantle. This will create a warm and inviting atmosphere that potential buyers will love.

Kitchen


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The kitchen is often the center of the home, so it's important to make a good impression here. Start by decluttering the countertops and removing any personal items. Make sure to also declutter and organize the cabinets. This will show potential buyers of Charlottesville luxury real estate and Richmond luxury homes for sale that there's plenty of storage space in the home.

Dining room


Photo courtesy of Unsplash
 
The dining room is another important space to stage. Start by decluttering the table and removing any personal items. Be sure the chairs are pushed in and the table is clean. This will show potential buyers of Charlottesville luxury real estate and Richmond luxury homes for sale that the home is well-maintained.

Reset the design to a more neutral base


When staging Charlottesville luxury real estate and Richmond luxury homes for sale, it's important to reset the design to a more neutral base. Doing this will create a blank canvas where potential buyers can easily envision their own belongings.

Thoroughly tidy up each room


Start by thoroughly tidying up each room. You'll want to remove clutter, dust, and anything else that would make the space look less than perfect. This will help potential buyers of Charlottesville luxury real estate and Richmond luxury homes for sale see your home in its best light.

Remove personal elements that may be distracting to buyers


Once you've decluttered each room, remove any personal elements that may be distracting to buyers of Charlottesville luxury real estate and Richmond luxury homes for sale. This includes family photos, collectibles, and anything else that would make the space feel too personal. Removing small appliances from countertops is also important since they can make the kitchen feel cluttered.

Play with color, light, and layout


After decluttering each room and removing personal items, it's time to start staging. This is where you'll play with color, light, and layout to create a luxurious feel in each space.

Use neutral colors throughout the home


When choosing paint colors, furniture, and decor for your home, it's important to stick with neutral tones. This will help create a blank canvas where potential buyers of Charlottesville luxury real estate and Richmond luxury homes for sale can easily envision living here.

Use pops of warm and inviting colors in key spaces


While you'll want to stick with neutrals throughout most of the home, you can use warm and inviting colors in key spaces like the living room and master bedroom. This will create a welcoming atmosphere that buyers interested in Charlottesville luxury real estate and Richmond luxury homes for sale will love.

Let in as much natural light as possible


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Lighting is another important element to consider. Let in as much natural light as possible to create a bright and airy feel in each room. You can also improve the space's ambiance with lamps and other artificial lighting.

Rearrange furniture layout


Layout is also important when staging Charlottesville luxury real estate and Richmond luxury homes for sale. Be sure to arrange furniture to make each room feel spacious and inviting. This will help potential buyers see the home's full potential.

Work with an experienced professional


If you're unsure where to start or aren’t sure you can maintain the right level of objectivity needed to stage Charlottesville luxury real estate and Richmond luxury homes for sale, it's a good idea to work with an experienced professional. They can help you declutter, remove personal items, and arrange furniture in a way that makes the most impact. Working with a professional can be especially helpful if you sell Charlottesville luxury real estate and Richmond luxury homes for sale. They'll know how to play up the features buyers are looking for.
 
Home staging is a great way to make your home more appealing to potential buyers. You can create a luxurious feel in each space by decluttering the rooms, removing personal items, and playing with color, light, and layout. If you're unsure where to start, working with an experienced professional is a good idea. They'll be able to help you stage your home and sell it faster.
 
Buyers of Charlottesville luxury real estate and Richmond luxury homes for sale are looking for turn-key properties they can move right into. By following these tips, you can make your home more appealing to this market and sell it faster. When you’re ready to list your property among Charlottesville luxury real estate and Richmond luxury homes for sale, reach out to trusted local agent Mike Hogan to get started.

*Header photo courtesy of Shutterstock



 

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Hogan Luxury Real Estate, a top-producing agency catering to the Richmond, Fredericksburg, and Charlottesville areas, stands as a premier choice for clients seeking exceptional real estate services. With an impressive track record of $369 million in sales achieved in 2022, their real estate agents possess a wealth of experience and expertise to adeptly navigate the thriving Central Virginia market. When you work with Hogan Luxury, you gain access to a distinguished team of professionals who will deftly guide you through the nuances of the real estate process, ensuring that your goals are met with unwavering professionalism and resounding success.

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