Thinking about some improvements in order to make your home ready for the market? Not every project provides an equal return on investment. According to Remodeling magazine's most recent Cost vs.
Forget Staging, 'White Box' Instead
In high-end luxury markets, it turns out less is often more. Instead of maximizing luxe features, sellers are stripping their pads down to bare bones and commanding a higher sales price in the process. The trend is called "white boxing," and it's all the rage among the aﬀluent who often buy a luxury property only to redo it in the style that suits their unique design taste and lifestyle. For buyers who place high value on personalizing a home and making it their own—it's much more appealing to buy a space that's already stripped.
The stripped property can also have the benefit of appearing brand-new in cases where the existing design and features were dated. White-boxed properties are the ultimate blank canvas for today's luxury buyer, who often favors "designerready " over "movein ready,"
Whether you are selling a luxury home or not, it is always beneficial to declutter and minimize your belongings for a quick sale. If you are thinking about selling ask your real estate professional if white boxing may be for you.
Reprinted with permission from RISMedia. ©2018. All rights reserved.
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