Regardless of what the weather forecast says, it really is spring. The Easter long weekend is almost here, and very soon we will start to see that warmer weather roll in.
If you have been debating whether or not it is the right time to finally list your home for sale, here are some of the great benefits of listing your home in the spring.
- Motivated buyers: after the long winter months, buyers are generally pretty anxious to get things moving, which is why spring tends to be a busy time in real estate. It can be stressful to move in the winter, with the unpredictable weather, so this is a time when there are definitely more buyers in the marketplace, which means more eyes on your listing!
- Move into your new home before summer: again, buyers are busy this time of year so you have a better chance of selling your home, and settling into your new home before summer hits. There are many advantages to being able to actually enjoy your new home in the summer rather than just getting settled in the summer — kids are out of school, warmer weather means more time for outdoor spaces, etc.
- Listing early makes all the difference: you always want to list your home when there are fewer properties on the market, so you attract more buyers and higher bids. This is early in the spring season, so don't wait until the market is full of sellers.
When your house is being valued, the appraiser will look into data for comparable homes sold in your neighbourhood. But if the most recent data is from a home that sold for cheap in the winter, it can hurt your valuation. With more homes selling in the on-season, the comparable data (or "comps") are more accurate. [REALTOR.com]
If you are thinking of selling your home this spring, please contact me, I would love to help you find the right buyer at the right price.