Cost of NOT Staging Your Home
Here we will take a look at the cost associated with NOT having
your home staged by a professional home stager.
Daily Cost: 200k Unstaged Home
In this example we will use a 200k home. We will break down the daily cost of the house and consider the total days on the market (DOM) to calculate the potential loss of an unstaged home.
Example Home X
Mortgage: $1500 +
(HOA, Water, Gas avg.): $200 =
$1700 Avg. Monthly Expense
This breaks down to $57 a day over 30 days.
Typical Days On Market: 270 Days Sitting
$57.00 X 270 Days Sitting = $15,390
Lets consider loss for every month the house sits on the market.
Sales price falls 1% every month it sits on the market.
1% = $2,000 | 2k X 9 months = $18,000
$15,390 + 18,000 =
$33, 390 Total Cost of Unstaged Home!
Same Listing: Professionally Staged Home
$57.00 X 60 DOM = $3,420
(avg. DOM for STAGED home)
$3,420 + (2k X 2 months) = $7,420
$7,420 + $1,500 (avg. staging fee) =
$8,920 Total Cost of Staged Home!
Total cost for NOT using a Professional Home Stager
$33,390 for Unstaged Home –
$8,920 for a Staged Home =
$24, 470 is the cost of NOT using a professional home stager