If you’re considering selling your home, you’ll have probably talked yourself into waiting until the spring before actually putting your property on the market.
Spring is traditionally one of the most popular times for buying and selling your home. The sun is shining, your garden will be blooming and more people will be out and about wanting to view properties.
However, if you really want to get your property sold, then why wait? There are actually some real benefits to selling your home during the winter.
Less competition for your home
When spring finally arrives, there will be lots of other sellers putting their homes on the market at the same time. This is due to the common belief that this is the best time to sell a property. But it may not always equate to a better sale price.
During the winter, there are fewer homes on the market. This means that yours is likely to get more attention from buyers who want to move quickly. Buyers in the winter tend to be a bit more serious than those looking in the spring. The latter are often just ‘dipping their toe in the water’ to see what’s available.
With fewer properties on offer, this reduces the buyers negotiation tactics. If you set a realistic price for your property, you’ll likely be rewarded with a good price for your sale.
Cold weather doesn’t stop the internet
Cold weather can put a downer on the property market. Sellers worry that buyers won’t want to venture out to view properties during the winter months. These days most people do their initial viewings on sites such as Rightmove from the comfort of their own home. If they like what they see online, they are likely to commit to a viewing in person, no matter what the weather.
Staging your home
Staging your home can really help buyers to visualise themselves living in your property. Whilst having the sun streaming in through your windows may show how bright and airy your home is, it can also show up imperfections and problem areas.
There are some homes that are simply better suited for winter staging. If you own a small, cosy property with rich colours, it may seem a bit overbearing on a hot summer’s day. Dressed for Christmas, or with warm blankets, cosy cushions and ambient lighting, it will offer that ‘hygge’ vibe, perfect for snuggling up in the winter months. A small, cosy home may not appeal to buyers wanting oodles of space for their family, but for first-time buyers wanting a romantic, first home a cosy, winter setting may be ideal.
So Smart Money are experts when it comes to mortgages and finance. If you’re thinking of selling your home and looking for a mortgage for your next home then call today to find out what deals are available.
The above post does not constitute advice – financial, legal or otherwise. The information within this article is the author’s own opinion and do not necessarily reflect the views of SO Media or So Smart Money.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.