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02 Dec 4 Advantages of the winter real estate market

Posted at 14:00h in Buyer Tips, Press, Selling Tips by

Selling your home in the Winter Time

4 Advantages of the winter real estate market

You may be wondering if it’s a good idea to list your home for sale or purchase your next home in the winter months. Here are 4 Advantages of the winter real estate market:

1.  Most buyers aren’t just looking

Winter homebuyers tend to be more motivated. Most people who are looking for a house in the midst of winter have a compelling reason to purchase their next home, they may have been relocated for work, have a growing family, downsizing, want a lifestyle change or taking advantage of holiday time. Chances are, if they come to see your home in the winter, they’re serious buyers.

2.  Fewer sellers & more opportunity

Generally with fewer homes for sale, sellers will have less competition from other homes and more opportunity to make there home stand out to attract buyers.

3.  More affordable & timely services

Buying or selling a house is not a cheap task and also requires timely coordination. No matter what side of a transaction you’re on. The good news is, because the winter season is traditionally slower, you’re more likely to find lower fees and better deals and be able to get the dates required, i.e. for moving companies, storage, building inspection

4.  A clearer picture

It may seem like a drawback at first, but if you’re looking at a property in the off-season, natural light is often muted and landscaping can’t be seen. However, if you can fall in love with a house at this time, it can only get better. Potential buyers can also see how your home performs in cold weather, i.e. heating effeciency, insulation and comfort. On the flip side, sellers won’t have as much landscaping to keep up with – but you will have to make sure your driveway and walkways are shoveled and salted for ice.

Are you considering buying and/or selling your home in Ottawa this winter?

We are experienced Kanata, Stittsville and greater Ottawa REALTORS®  and we would be pleased to help you, a family member or a friend.

Feel free to contact us with any questions.