It’s nothing new that home staging is a wise move. After all, it has the potential to increase the final sales price of your home by 6 to 20 percent. But what you may not realize is that it doesn’t have to cost an arm and a leg to do it. After all, who needs more expenses when you’re moving? If you’re short on cash but want to speed up your home sale and possibly increase that final dollar amount, here are some budget-friendly home staging tips.
The first step to home staging is about as budget-friendly as you can get — because it’s free. Donate or trash items such as clothes, extra furniture, books and knick-knacks – anything that’s not being used or that you no longer need. Go through the pantry and donate canned goods to a local food drive. Sift through piles of random papers and shred and recycle what you don’t need.
Hold a garage sale to get rid of what you won’t be taking with you when you move. Not only will you declutter, you’ll also make some extra cash for other home upgrades. Don’t feel like doing a traditional yard sale? Download OfferUp or another buy-and-sell marketplace app to sell your items.
A good rule of thumb with home staging is to furnish and stage every room in your home so that no room is left empty. To save costs, you can borrow furniture from friends and family, or you could split up the furniture in other rooms of your home to round out the less furnished rooms. Borrow the treadmill your sister no longer uses and the weight lifting bench in the garage to transform an empty bedroom into a home gym, or add a desk and cabinet to your guest room to help buyers envision both a guest room or home office in that space.
After getting rid of the items you no longer want, it’s time to empty your home of excess furniture items, quirky art, and any personal items that may be distracting to buyers. A portable storage container is a popular cost-effective option because it conveniently combines moving and storage.
Here’s how it works: A driver delivers your storage container to your home to fill at your leisure. Once you’ve loaded the items you’re storing, the driver picks up the container and takes it to a nearby storage facility. When your home is sold, have your container re-delivered to your door, fill it with the rest of your stuff, and ta-da! You’re all ready to move. Some portable storage providers can move your container long-distance. For instance, PODS can move your container to your new home even if it’s across the country, in Hawaii, or in some parts of Canada. A solution such as this that combines moving and storage can help reduce the costs of moving by eliminating the need to rent a storage unit or moving trucks multiple times. Moving long-distance with a container can also be significantly less expensive than using a traditional full-service moving company.
Want to transform your home cheaply? Painting gives you the best bang for your buck if you if you’re looking to give your place a makeover. Light, neutral colors are great for staging. If you’re really tight on cash, opt for touch-ups or pick key walls in high-traffic areas to repaint.
Make your home feel fresh and new on the cheap with some inexpensive updates to hardware, lighting, and faucets. Even new outlet plate covers, vent covers, and kitchen cabinet hardware can give your place a facelift. You don’t even need to buy anything fancy – just shiny and new.
Some simple décor updates can have a surprisingly effective impact on the way buyers view your home. Replace your old, boldly colored shower curtain with a cheap but tasteful curtain. Cover up stained or old couches and chairs with affordable slipcovers. Add some homey cushions to the living room. Just remember to keep things neutral – it’s not the time to express your unique personality! Save that for your new home.
While redoing your flooring or putting in new kitchen cabinets would be ideal, it doesn’t have to take much money to give your home a makeover and make it appealing to buyers. With a little time and creativity, you can turn your soon-to-be-sold home into a beautiful space and have some fun while you’re at it. Good luck with your move!