Staging an outdated living room can involve thousands of dollars, or you can do it simply and inexpensively and get pretty much the same result.
The value of a home (the price a buyer is willing to pay for it) is determined by the sales price of comparable homes in the area. This can be hard for a seller to grasp, particularly if they've invested lots of money in remodeling. Some remodeling projects add value and some don't.
If you add square footage, bedrooms or baths and do a professional job, you have a better chance of increasing the value of your home. But it all depends on what similar homes in your neighborhood are selling for.
If you're contemplating a remodel just to sell a home, it's a good idea to get an estimate of the value of your home from a realtor familiar with your area first. You don't want to spend money you can't get back.
Buyers are fairly easy to please if you understand what they want:
All these are within the seller's control with the help of some cleaning, painting and simple staging. You don't have to bring in all new to update an outdated home.
This outdated living room belonged to an elderly couple. The husband had recently passed away, and the wife was moved to a nursing home. The grown children wanted to preserve as much of their mother's capital as possible because she was going to need it for living expenses.
We accepted the challenge
to make this home look as inviting as possible, for as little money as
possible. That meant working with the existing furniture.
Before the Finishing Touches
After staging, this home sold quickly in 2009, during a sluggish market with lots of competition from neighboring homes.
Outdated Dining Room. See how we staged the dining room in this same home.