Elaine Penhaul, Director of award-winning home staging company Lemon & Lime Interiors, explains how you can use home staging, including great art, to sell your home for the best possible price in the fastest possible time.
Home staging is big in the USA but it still sounds to many people in this country a little bit like an American fad. It’s the act of getting a home ready to look its absolute best before it goes for sale on the property websites, and home staging has become a key property marketing tool for when your home goes onto the property websites, where everyone is looking for their dream home. It’s that dream that home staging creates.
Home staging will include many elements depending on the property and on the situation. It will usually include decluttering, so potential viewers can look at your home and see it as a lovely place that they want to live in rather than a house full of somebody else's clutter. It could go as far as redecoration, as many of the homes we see haven't been decorated for a number of years and the owner decides that they that they want to sell and move on to the next stage of their life.
Sometimes walls are over-coloured and that makes the house look dated, so repainting those to white, or something very close to it, can be a real game-changer in terms of getting more people to view the house. I hate to say this, but many homes you go into have an unpleasant smell. This may come from pets, ingrained things that have been spilled on the carpet or cigarette smoke. Changing carpets ahead of a sale is a relatively small investment as part of making the home much more desirable to a much wider audience.
When we are working in occupied homes,we try to work with the furniture and accessories, including artwork, that the seller is living with because it makes them feel more comfortable through the whole process of sale. It also keeps budgets to as small as possible as home staging is about getting the best price for your home, so we are trying to bring in the biggest-possible audience of viewers.
We may rearrange furniture and accessories, or bring in a few extra pieces of furniture or art, to market the property more effectively when estate agents take photographs for the property portals such as Rightmove, Zoopla and On The Market and and make it look appealing and desirable on screen.
Estate agents usually value property according to price per square foot in the area, and home staging is the tool that pushes the price to the higher end of the range of valuation and makes more people want to view it.
Currently, less than 1% of homes in this country take any professional help with presentation for the property market - and you only have to scroll through the property portals for a few minutes to to understand exactly what I mean! Your home has seven seconds on that portal to make the first impression for somebody to go: “Yes, I want to go and view that”, so visual presentation is really important. Many homes that are staged before they come onto the market are getting offers of 10-15% higher than comparable homes, and they tend to sell four times faster than ones that haven’t been staged.
Also, if your home is taking a bit of time to sell, rather than drop the price, I would consider staging it if you haven’t already done so. Often, it's not that people think that a property is overvalued, it's simply because they can't see themselves living there, so changing the presentation is a really good trigger to get more people interested.
It’s dependent on what exactly needs to be done to get the property looking its absolute best for launch, but it’s usually between 0.5% and 1.5% of the guide price. As an example, on a £600,000 property, the cost will go from about £3,000 for a big tidy-up or rearrangement before professional photography, to about £9,000 if it needs a lot of furniture or some decorating or some new carpets, for example.
Staging properties is Lemon & Lime’s core business, so if needed, we can do a quick home staging turnaround in two weeks, and of course, it will still be possible to live comfortably in the place. We can supply rental furniture, so people can really see what a home will be like to live in. If a house has four bedrooms, but one is being used as an ironing room, it still needs a bed in it, because people want to see those four bedrooms can be used.
To sum up, the main benefits then of using professional home staging means that for a relatively small budget, you get a much bigger return on your investment when the property is sold by getting competing offers in very quick time. Secondly, it takes all the hassle out of having to get ready to go on the market. It's a quick fix to get done. We do all the jobs you were going to get done in the last few years you've been living there to ensure that you have photography which makes your home stand out from the competition.
Are you struggling to achieve your interior design goals? If so, Elaine Penhaul is also here to help you to understand how to transform your house into a home! We know that when it comes to decorating your home, it can be difficult to achieve the right balance, so learn from Elaine how to be bold with your decisions through using décor, personal style, and of course, all on a friendly budget.
25/08/2022
We know when it comes to decorating your home, it can be difficult to achieve the right balance. You may be afraid of being too bold in your choices, or maybe have settled for a plain and simple colour scheme when you’ve actually got a vibrant personality that wants to come across. And we also know that some people are afraid of buying a piece of art because they’re worried that it won’t suit their interior now or in the future.27/06/2023
If you’re unsure about the different types of artwork you can buy, here’s our quick guide to what we sell at Castle Fine Art - originals and limited editions. If you need any further information, our knowledgeable art consultants will be happy to share their expertise and help unite you with art you love.25/08/2023
An original work of art is something totally unique. When you buy an original piece from Castle Fine Art, you're bringing home a special link with the artist to live in your home!Our dedicated team of art consultants is on hand to offer you tailored advice.
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