As we move into January 2025, interest rates remain persistently high despite strong employment numbers, making it doubtful that large rate cuts are on the immediate horizon. With interest rates continuing to impact buyer purchasing power, maximizing ROI as you prep your home for sale is more crucial than ever. As a home staging company, our focus is on elevating the perceived value and luxury of your property, ensuring it stands out in today’s market.
One significant effect of higher interest rates is that buyers often have less budget for post-purchase renovations. This makes move-in ready homes highly desirable. During our consultation, we’ll identify key repairs and updates that offer the best return on your investment, helping you prioritize pre-listing improvements.
As local real estate experts like those at McGuire Real Estate and Coldwell Banker Solano Pacific highlight, buyers currently have more negotiating power. They’re taking their time with due diligence, being more selective, and less pressured to make hasty offers. This heightened scrutiny emphasizes the importance of a strong first impression.
While economic uncertainty, including inflation and market confidence, is a factor influencing current market activity, staging provides a powerful solution. By creating an aspirational lifestyle experience with carefully curated emotional connection points throughout the home, we ensure your property makes a lasting positive impression from the moment it hits the market, giving you a competitive edge in any market.
Staging significantly impacts sales outcomes. Here’s the data for the period of July to December 2024 in our service area, which is Solano, Contra Costa, and Napa counties.
- Homes staged by RC Designs and Staging achieved a median sale-to-list ratio of 1.023, exceeding the market average of 1.00. With an average staging investment of $3,212, RCD clients experience an average ROI of $12,459—that’s nearly a 4-fold return on their investment!
- Homes staged by RC Designs and Staging sell dramatically faster, going pending in a median time of just 14 days, compared to 25 days for all homes in our service area. This saves sellers significantly as it lowers their carrying costs.
Contact us for more information on how we can help you prepare your property for sale, because there are no second chances at a first impression!