On The Home Seller’s Radar: Home Staging
Part 2 – HomeGain’s Fall 2007 Home Sale Maximizer™ Survey
In part 1, I disclosed six of the top 10 most recommended home improvements (by real estate agents). Now here’s the top four!

1. Clean and de-clutter
2. Lighten and brighten
3. Stage home for sale
4. Landscape front/back yards
In each of the four regions, West, East, South and Mid-West, all real estate agents agreed that cleaning and de-cluttering was the most valuable action in getting a home into “home selling condition.”
At a minimal cost of a couple hundred dollars, ROI of cleaning and de-cluttering your home may skyrocket into a high average of 578%. This is added home value in the range of $1,500-$2,000. The highest return on investment was in the West (837%).
Professional home staging came in second place in the South and Mid-West. On a national level, agents reported that home staging costs between $400 and $600 on average, potentially resulting in a $1,900 to $2,500 increase to the home’s selling price, and making the return on investment over 340%.
I’ve read a handful of articles criticizing home staging this year. But our reports show that many agents still believe it’s worth it.
To my point, based on a separate HomeGain survey done earlier in the year, in August, to 1,000 agents, 48.91% responded that home staging increases the value of a home by $5,000 or more. The second largest group, 29.35% said that home staging increased a home’s value between $2,500 and $5,000.
Like clean and de-clutter, lighten and brighten can cost as little as a couple hundred dollars and have returns as high as $1,500. Ninety-seven percent of surveyed real estate agents recommend both of these to their clients. The highest ROI was in the West at 486%.
Landscaping the front and back yards ranked the fourth most recommended home improvement to help sell your home. Real estate agents in the East gave it the most value with a 415% ROI. At minimal costs between $350 and $550 it seems it could be worth it to give your yard a minor facelift for aesthetic purposes.

Overall, prices of a 3bd/2ba (3 bedroom, 2 bathroom) home after spending between $5,000-$8,000 on home improvement and staging efforts are implemented can result in the following price increases: in the West, as high as $22,762; in the East, as high as $23,532; in the South, $21,470; in the Mid-West, $20,279.
All of those figures reflect over a 150% return on investment.
Not too shabby!
For questions about any of this home survey data, please feel free to contact me at blog@homegain.com.
Like what you’re reading? Subscribe
Comments
Add A Comment
Subscribe to Comments
Would you like to know if anyone responds to your comment? Use the comments RSS feed, or leave your email address below:
About
A real estate blog by agents, brokers, industry experts, and people of HomeGain to connect the real estate community. Find advice, ideas, opinions and more by Realtors®, for Realtors®.
Product Spotlight
Blog Categories
- Agent Blogs
- AgentEvaluator
- AgentView
- AIMS
- Best Practices
- Blogging and Social Networking
- BuyerLink
- Buying or Selling a Home
- Classified Ventures
- Guest Bloggers
- Home Improvement
- HomeGain
- HomeGain Market Data
- HomeGain Radio
- Leads
- Market Trends
- Max
- MLS
- Mortgage Rates Reports
- NAR
- Online Marketing
- Polls
- Realtor
- Regional
- Source4Sellers
- Success Stories
- Technology
- Trade Shows
- Website Strategies
Blog Archives
- 2008 August
- 2008 July
- 2008 June
- 2008 May
- 2008 April
- 2008 March
- 2008 February
- 2008 January
- 2007 December
- 2007 November
- 2007 October
Popular Tags
- activerain
- agent
- agentevaluator
- blog
- blogger
- brian brady
- Buyer
- buyerlink
- cars.com
- CMA
- commission
- customer satisfaction
- employee satisfaction
- ferrara
- foreclosures
- FSBO
- gorilla marketing
- home
- home buyer
- home improvement
- home sales
- home seller
- home staging
- home value
- homebuyer
- HomeGain
- homegain blog
- homegain.com
- homes for sale
- housing
- housing market
- IDX
- inman
- instant home valuation
- interest rates
- internet
- leads
- listings
- market
- marketing
- max
- MLS
- MLS boards
- mortgage
- mortgage rates
- NAR Expo 2007
- NYSAR
- online marketing
- open house
- proposal
- re.net
- real estate
- real estate agent
- real estate blog
- real estate leads
- real estate marketing
- realtor
- recession
- referral
- rss
- sellsius
- short sales
- social media
- source4sellers
- sub-prime
- technology
- top performers
- Triple Play
- Web
- web 2.0
- website
- website traffic
- website visitors
- winning agent call
Real Estate Blogs
- Atlanta Real Estate Blog
- Bloodhound Blog
- Bonzai Real Estate Blog
- Columbus GA Real Estate Blog
- Dr. Housing Bubble
- Future of Real Estate Marketing
- Housing Panic
- Inman News Blog
- MyMarketWare
- Phoenix Real Estate Guy
- Real Estate Blogs
- Real Estate Radio Blog
- Real Estate Technology
- Real Estate Tomato
- RSS Pieces
- Sellsius Real Estate Blog
- The Real Estate Bloggers
- The Real Estate Grapevine
- Transparent Real Estate
Top Articles
- Mortgage Rate Truth
- The Failed Promise of Real Estate 2.0
- Use HomeGain To Blog
- The Case Against Blogging
- Urban Myths about Real Estate Blogging
Recent Comments
- Jessica G about “Are you attending NAR's Annual Expo in November in Florida?”
- Wayne Long about “Are you attending NAR's Annual Expo in November in Florida?”
- cedar city real estate about “10 Reasons NOT to Add Podcasts to Your Blog”
- Holly White about “On The Home Seller’s Radar: Kitchen and Bathrooms”
- cottages in Scotland about “The Reason Most People Buy Homes: Has It Been Forgotten?”



Hey, I just wanted to say Happy New Year and thanks for an excellent real estate blog. Please don’t stop writing this stuff it is excellent. By the way, there is an excellent article on real estate at the New York Times here is the link: http://www.nytimes.com/pages/realestate/index.html
God Bless!
Real Estate Professional Websites and Marketing
Posted on Dec 27, 2007 by elmo the expert real estate marketer
I am a Professional Home Stager and I have seen these stats reproduced several times. I have found the “Staging” costs confusing and have finally realized where the problem lies.
Here’s the line in the beginning of your article that tends to throw people off and it would be helpful if this paragraph could be re-worded in the future:
“On a national level, agents reported that the average cost of ‘PROFESSIONAL HOME STAGING’ is between $400 and $600…”
When I went to the HomeGain survey link, I discovered that it is about 16 pages of “to dos”. The ‘Staging’ that was referred to includes things that homeowners can accomplish THEMSELVES. That $400-$600 covers the cost of what the HomeGain survey recommends that the HOMEOWNERs do to Stage the house – including the purchase of flowers, towels, potpourri, cedar chips, room freshener, maybe some supplemental art, cleaning supplies.
So what they’re describing as “professional home staging” in the HomeGain report theoretically COULD include the cost of a Professional Home Stager’s Consultation and Detailed Written Report to provide guidelines for homeowners to execute themselves; or it COULD include a basic Professional Staging REDESIGN with the homeowner’s own things; but it WOULDN’T include the cost of PROFESSIONALLY STAGING a home if it is vacant, or the cost of having the Professional Stager bring in much in the way of supplemental inventory to add to the homeowner’s existing furniture/decor.
I have been confused by the way this information is worded and I believe that homeowners will be confused as well when I show them these Stats, then say that the cost of PROFESSIONALLY Staging a typical home is more like $400 (consultation/redesign)-$3000 (full professional home staging) – not the top figure of $600 that was quoted in your report.
Thank you for considering this informaion.
Janis Gaines
Posted on Feb 10, 2008 by Janis Gaines
As a Fort Luaderdale, south Florida professional home stager, I would second Janis’s comment.
Home staging can mean many different things to people, I can understand the costs mentioned in the article to be the range between a home staging consultation to a days staging services.
For the record, the staging tasks mentioned in the article are typically termed ‘pre-staging’ tasks by home stagers. Home staging is more that this – hoem staging is makign the home appeal to the widest range of buyers through the effective use of space, furnishigns and accessories.
Posted on Apr 07, 2008 by Akanke
After reading the above information which was based on a survery 8 months ago, it seems to be just recently hitting the industry “radar”. I must agree with Janis as it is grossly misleading for Home or Property Owners to beleive that the national average is somewhere between $400 – $600 to hire a Professional Home Stager.
Everything you mentioned above is “home staging” on the part of the Home Owner themselves (buying new towels, fresh flowers indoors and out, etc) then the $400-$600 might be accurate.
Professional Home Stagers would then come in after that and take the property to the next level, and depending on the square footage of the home and it’s location (nationaly), fees can vary greatly. For homwowners it would be best to check with several home stagers in their areas and get bids from each, or check with the Eastate Staging Association (RESA – www.RealEstateStagingAssociation.com) for referals. Just my $ .02
Posted on Apr 07, 2008 by Connie Tebyani
All very good feedback – thank you all. We can certainly try to incorporate this feedback when we re-launch the survey again in the near future to get more clarity (and perhaps separation) of the definition of home staging.
In this survey, professional home staging is characterized by what the home seller would not be able to do on their own—something that would require expertise of someone in that field, which is not unlike our viewpoint that anyone should rely on a real estate agent when buying or selling a home.
Most of the other home improvements are “do it yourself” actions, and all are low cost home fixes. Because home staging was reported as one such low costing / high ROI home improvement back in 2000 when we originally launched this survey, we kept it as one of the top 10 to see where real estate agents would rank it. Surely enough, real estate agents reported the numbers as you see above, which fell higher than the other home improvements, but still a reasonable cost with high ROI —which is the point we wanted to get across to sellers.
For the most part, it’s just a guide to help home sellers get started. We’re reporting the data we received, and hopefully it’s a good resource for home sellers to get a better idea what they need to do—and one of them is to go to Home Stagers for advice! Where you take them and how much you charge, which will definitely vary across the country and depends on the depth of services they decide to use, is up to you.
Posted on Apr 18, 2008 by Jessica G