U.S. Housing and Urban Development reports that a staged house sells, on average, 17% higher than an unstaged house.
Statistics suggest staged homes sell at an average of 6.32% over what they are listed for. Non-staged homes only average 1.6% over the listed price.
The New York Village Voice reported that the average number of days on the market for a staged house was 13.9 versus 30.9 days for an unstaged house.
2003 HomeGain survey of 2,000 real estate agents nationwide found that moderately-priced home improvements, ranging from $280 - $2,800, made in preparation for sale actually yielded the highest returns when a house is sold.
A recent study by the National Association of the Remodeling Industry found that a $700 paint job results in a 200% recovery of the cost upon resale of the home.
(National Post, Mar. 11/04)
In 2003 a survey was conducted of the general membership of the international redesign organization, I.R.I.S. (Interior Redesign Industry Specialists) to compile statistics on homes that had been staged prior to their sale. Of the 21 States represented by membership response, these are the average percentages reflected in the survey results.
Speed of Sales:
Dollar of Sales:
The survey posed the question: "How much over the 'asking' price have your staged homes sold for?"