2445 Bristol was Listed for $249,900 and Sold for $265,000

One of the challenges of trying to sell a vacant home is that buyers can often have a hard time visualizing themselves living there. When rooms are unfurnished they actually feel smaller than they are; so a buyer might be unsure how to position furniture or if their current furniture will fit.  Buyers also notice more flaws when a home is vacant and might incorrectly assume a home needs a lot of work when it really needs minimal cosmetic updating. Finally, a vacant property can give buyers the impression a seller is desperate, which could result in lower offers.

According to the National Association of Realtors, for every $100 invested in staging, the potential return is $400 . Compare that to the average sale price, which is a reduction of 10-20% from asking. So an average home with a $400,000 asking price will be reduced by $40,000 to $80,000.

From the Owner…