LATEST TRENDS IN HOME STAGING 2023
Professional staging not only displays a property in its best light, but it can also decrease the number of days on market by as much as 33–50%.
Typically, professional staging, combined with professional photography and a comprehensive marketing plan, will boost the sales price by as much as 20% or more. Don’t ignore the benefits of professional staging when listing and selling your home. The return on investment is generally higher for the seller.
Home staging costs vary, of course, from one market to the next, and rates depend on whether the home is currently occupied, or if it will require structural or architectural updates in addition to decor alteration, accessorizing, or furniture substitution.
Staging allows potential buyers to see beyond the lifestyle of the current owners, and to visualize how the home will adapt to both their family needs and individual personalities. Staging addresses such things as color, light, and room use, and even touches on improving curb appeal, landscaping, and maintenance issues. Effective staging not only enhances the appearance of the property but often improves functionality to elicit an emotional reaction as well.
BLUR THE DISTINCTION BETWEEN INDOORS AND OUTSIDE
Natural light and views, outdoor plantings, and indoor greenery — a home that merges the natural environment with comfortable indoor living spaces is one that provides both shelter and comfort. Strive to achieve a balance between interior and exterior that offers easy transitions between defined rooms and the home’s natural surroundings.
MOVE BEYOND ALL-WHITE KITCHENS
Emerging trends still focus on clean-lined, functional workspaces, but are shifting towards natural materials, surprisingly soothing darker color schemes, and a more personalized approach.
Look for colorful art and accents, a mix of shiny metallics, unique lighting that can be dimmed and brightened as desired, and “easy-on-the-eyes” personal touches that complement the rest of the home. Note that the modern kitchen is frequently as much a “living space” as the living room!
EXPLORE ALTERNATIVES TO CONTEMPORARY INTERIORS
While contemporary interiors are not likely to fall out of favor completely, there are some outstanding new contestants for design excellence in residential interiors. Have a look at the latest 1060’s modern styles for an updated twist on contemporary or revisit the appeal of industrial design and Euro-tech for a new take on luxury interiors.
EMBRACE HOME BARS AND LOUNGE AREAS
If you remember the words of the hit song, Summertime, the phrase to remember for 2023 might be that “living should be easy.” To that end, a home bar and lounge area that will accommodate both family and guests in an informal setting is an emerging trend.
It might entail anything from an upscale wine bar adjacent to a media room, a full-scale cocktail bar and game room, a coffee bar in an at-home library, or even a lower-level ice cream bar and soda fountain! No matter what the vision, this is a feature that buyers might have on their “wish list.”
Please contact me for a Comparative Market Analysis of your home.