Do you believe your flooring can cost you money?

We know that when you are selling, you are trying to watch your budget.  You have to decide what fix ups you need to do and what can be left to the new owners.  There are certain things though, that will actually bring you MORE money, if you invest a little now.  Your flooring is a main area that always increases the value of a home!

Prospect Buyers don't want to see this .... when they walk into your home.

It will ALWAYS cost you less to replace worn carpet or add new flooring than to leave it to the new homeowners. Most purchasers are looking for reasons to discount their offers.  Flooring is one of the first things buyers see when they walk in. If their first thought is “I will need to replace these floors”, I guarantee they will discount their offers by $5,000–$10,000 for condos and $7,000–$15,000 for houses.

Doing the work yourself will cost you a fraction of that amount.

Return on investment: 107%**

Follow us on Twitter and on Facebook!  There you will find great info, links and quotes from our clients.  We are continually posting new pictures of our staging jobs on our Facebook page too.

Contact us at 416-829-9298 or info@torontocondostaging.com

 

**HomeGain Survey 2011

What's happening? ....

It seems like everyone we are talking to lately are saying the same thing, "People are waiting till the new year to list."  It does not seem though, we are heading for scary times.  It seems that people started talking about prices falling, so they held off buying and now that has trickled down to sellers holding off on listing their condos.

We are finding that, while this is true, the premise for staging still remains.  You need to have your condo stand out above the rest.  You need to fill a vacant suite to make it soft and appealing.  You need to detract from the negatives and emphasize the positives!    

TCSD are here to help you with selling faster and for more money!  We have some great new plans to help with the financial strain of holding a mortgage, and still staging to get that condo sold.

Here is a small excerpt from an article on the Toronto Condo website.  The market hasn't seemed to be saturated with condos and there is still the demand .... so you need to rise above the norm!

"In today's economic climate, it is quite essential to be prudent and pragmatic when it comes to investing your hard earned money. One of the most promising areas to invest, especially if you do your homework right, is real estate. In the Greater Toronto Area, there is a market boom in condominiums. The GTA region is one of the largest condo markets in North America. In fact, Toronto has the highest number of ongoing condo projects in North America.

Though the construction of condos seems to be growing at a frenetic pace, many industry experts feel that there will be no lessening of the demand. This is due to several projects failing due to various reasons like lack of financing and the state of the economy. So the industry consensus is that even though there is a lot of construction going on, the demand for condos will be sustained.

Many industry watchers feel that the inventory levels of new condos is still quite low when compared to the levels from the past. In fact, Toronto has been witnessing a steadily increasing demand for rental condos; the national average for rental condos is 20%, whereas it is 30% in Toronto."

Follow us on Twitter and on Facebook!  There you will find great info, links and quotes from our clients.  We are continually posting new pictures of our staging jobs on our Facebook page too.

Contact us at 416-829-9298 or info@torontocondostaging.com

Testimonial : 16 Yonge Street ...

"Toronto Condo Staging was instrumental in helping me sell my condo quickly and at a very competitive price!

16 Yonge Street, Toronto

Lucie and her team did an amazing job getting my condo ready to sell. I hadn't done any renovations or upgrades since I moved in over 6 years ago.  So, in order to be competitive and to increase my chances of a quick sale, I knew I needed some help.  Lucie was able to assess my apartment and recommend the most cost-effective improvements that would optimize my return on investment.  Lucie also made use of a lot of my existing furniture, and complement it with some nice upgrades and designer touches to really set the place off. 

The results were incredible!  My plain, cluttered bachelor apartment had been transformed into a beautiful, chic model suite!  The first time I saw the fully staged apartment, I actually thought to myself,  "Wow, if I was a potential buyer I would definitely make an offer on this place!"

Toronto Condo Staging was very professional, courteous and reliable. They managed the entire staging/renovating process from start to finish: coordinating with the Contractors, the Real Estate Agent, and even the Concierge to book the elevator.  They took care of everything!  I have nothing but good things to say about their services and I would highly recommend Toronto Condo Staging to anyone.  Having your condo staged with Toronto Condo Staging is definitely worth it, because it works!

Bottom line: if I hadn't contacted them, my condo would likely still be on the market today."

Shawn Kehoe

Montreal

If you need help like Shawn did, call today for your free estimate!  We are happy to help you!

Follow us on Twitter and on Facebook!  There you will find great info, links and quotes from our clients.  We are continually posting new pictures of our staging jobs on our Facebook page too.

Contact us at 416-829-9298 or info@torontocondostaging.com

 

Staging Tip : Simple Window Coverings!

A tip that we stick to at all our stagings and share with people looking to sell or lease is SIMPLE WINDOW COVERINGS.  Choosing blinds that blend with the colour of the walls is an easy way to add privacy and help soften the look of any room!

Say no to heavy valances or dark fabrics that block the light.  With small spaces, allowing as much natural light in as possible is essential.  The same goes for a townhome, bigger condo or loft space as well.

Keeping window coverings simple also "frames" and showcases your spaces view.  Adding extra value to your sale.  Matching the same colour as the walls, will also let some windows melt away from the mind of potential buyers, if your view might be another building.

This is the main key with staging, emphasize the positives, detract from the negatives!

Follow us on Twitter and on Facebook!  There you will find great info, links and quotes from our clients.  We are continually posting new pictures of our staging jobs on our Facebook page too.

Contact us for a free estimate at 416-829-9298 or info@torontocondostaging.com

Investors and Staging ... Do they mix?

We have worked with numerous investors over the years and it always surprises us how little thought is given to staging. From house flippers to new construction investments, we consistently come across people who fail to work staging into their marketing budgeting. So, after all the money is spent on finishes, closing costs etc… there is next to nothing left for staging.

What happens if the property doesn’t sell immediately? The only leverage you, as the investor have is to lower your asking price and typically that’s a minimum of $5,000 - $10,000. Almost always less than the cost of staging!

Usually what happens next is … another month of carrying costs goes by and then we get a call from a desperate realtor or investor trying staging as a last resort. The property often gets taken off the market, we stage, new pictures are uploaded and on average the unit sells in less than two weeks for full asking price!

Here’s an example: we were contacted by a realtor with a new property in a condo building, downtown Toronto. The condo had stiff competition in that area, being that it had many new developments and ample vacant units to choose from. This particular unit had a unique layout which also made it difficult for buyers to see how they could layout their furniture.

After we staged the unit, it SOLD in under 3 weeks for full asking price! Here is what the owner said:

“We had the property on the market for 7 months with no offers. After your staging, we had an offer and sale within 3 weeks. You were worth every penny.” B. Patel

Here at Toronto Condo Staging and Design, we will work with you for a stress free staging, that will best suit your condo, loft or town home. The small investment in staging can gain you thousands of dollars when you sell!
Contact us for a free estimate at 416-829-9298 or info@torontocondostaging.com