Six Reasons Why You Should Sell Your Home in winter
The majority of home owners believe spring is the best time to sell a house. Homes put on the market from mid-March to mid-April tend to sell a bit faster and for a little higher price – at least some surveys have suggested so.
But amid all this “March madness”, homeowners can’t afford to rule out the fact that when it comes to selling a house, every season has its own advantages and disadvantages. The reason is: the weather is not the only factor which determines the pace of a real estate market. Take for example the increase in home prices in Colorado in October and November. October saw a 12 percent increase in home prices in Colorado. Due to favorable economy and increasing demand for housing, the market is expected to remain buoyant till the end of this year.
So if you are in hurry to sell your home due to any reason, don’t feel disheartened just because it’s winter. If you plan it well, you can still sell your home quickly and for a good price in Northern Colorado.
Here are some great advantages of selling your home in winter:
You don’t need to stage: With Christmas in the air, curb appeal is something you don’t need to worry about at all. Not only your home, but those in your neighborhood also are going to look absolutely adorable with all those decorations and Christmas lights.
Buyers are financially prepared: With the financial year coming to an end, people looking to buy a home have a better grip on their finances. They would know what and how much they can afford. It will make it easier for them to plan their home purchase financially.
Not everyone is busy holidaying: For motivated home buyers, the Christmas holidays offer an excellent opportunity to shop for homes without having to worry about work and other things. In fact, they can visit open homes with their family members.
Happy buyer mentality can work in your favor: The majority of people will be shopping at the malls, but a few motivated buyers will be in the market looking to purchase a house just because it’s the shopping season. Holiday buyers are often very cheerful to work with.
Fewer chances of wasting time on unmotivated sellers: anyone who has sold a home know how painful it is to deal with tyre-kickers. In other seasons, you will get many unmotivated buyers who are in the market just to get a feel for the price and completion. But if someone is out looking for a home in the cold winter months, chances are that he or she is a motivated buyer.
Slim competition: Many home owners don’t list their properties in winter assuming that they won’t get a good price. This assumption can work in your favor because the competition won’t be as severe as it will be in spring. At the same time, motivated buyers won’t have many options.