If you’re considering selling your home, you may believe that the winter months are a bad time to put your home on the market, but think again. Selling your home during the winter offers a bunch of unique perks that you can’t find at any other time of the year. Continue reading for five advantages that make selling your home during the winter a great option.
Buyers are serious
One of the biggest advantages of selling your home during the winter is that buyers are motivated. From the snow to the cold weather, looking at homes in the winter is a challenge, with only the most serious of buyers willing to take it on. Those who look to buy in the middle of the year are usually motivated by job relocation and have a strict timeline for purchasing a new home. With more motivated buyers you’ll be more likely to have home showings that turn into great offers.
No need to worry about how your yard looks
Did you know that 98% of buyers take into consideration curb appeal when choosing a home? While you’ll still want to make sure your home looks presentable from the outside, one thing you won’t have to worry is making sure your yard is constantly in tip-top shape. When there’s snow on the ground and your gardens are dormant, continuously manicuring your lawn for showings a task that will be taken off of your plate.
As mentioned above, there are typically fewer people buying and selling homes during the winter months. This is a great advantage because it means there will be less competition for you. Your home will have a better chance of standing out compared to busier times of the year where the housing market is packed and competition is intense. If your home is one of just a few homes on the market in your area, you’ll receive much more open house traffic and more serious offers.
Mortgages are processed quicker
Since there are fewer home sales going on at this time of the year, lenders are usually less busy. This means that those willing to buy your home will be able to get their financing completed quicker and close on your home sooner. Buyers will also be more likely to avoid the lengthy roadblocks or delays that can occur during the financing process when times are busy, providing an overall speedy and painless sales process.
Showcase how your home handles the winter
Lastly, when selling your home in the winter, you are able to show off how well your home handles the harsh weather. A home’s safety and dependability during the winter will be at the top of buyers’ minds, providing an opportunity for you to showcase how well your home is prepared. For example, if you recently replaced your roof, that’s a great point to showcase during an open house.
In addition, if some of your home’s best assets include a warm kitchen or a beautiful fireplace, these features will stand out more to a prospective buyer during the cold weather. By staging your home to appear cozy and inviting, you can draw buyers in and prevent them from paying as much attention to other parts of your home that you don’t want to emphasize, such as a small yard.