I think that at this point it is common knowledge that spring is the most common time that people decide to put their homes on the market. But did you know there are also benefits to listing your home in the winter that those spring sellers are missing out on? For example we simply have to look at the concept of supply and demand. For those motivated buyers, those who have to move, and those who don’t mind the winter moving conditions your house will be one of the few to look at. With fewer options means less competition and you have a better handle on the market. Not only will you potentially get more traffic of perspective buyers but you know these buyers are motivated and can therefore negotiate better on your terms. With that being said there are some ways to make your winter home more appealing.
* Be sure to always keep walkways and driveway cleared off when hosting open houses or having showings. The last thing you want people to remember is trudging through the snow to make their way to your door.
* Keep the home warm. The idea is to make the potential buyer are comfortable and cozy as possible in the winter.
* Open blinds and turn on all the lights. You want to light up the home as much as possible on the dark and often dreary days of winter.
* Create a virtual experience of the home. In the cold weather people are a bit pickier about which houses they want to venture out for. Make sure yours is as appealing as possible online in order to get more potential buyers to actually come to the home.
If you are anything like me you have those certain people on your Christmas list that are impossible to buy for. Either they are incredibly picky or they already have everything they want or need. Instead of wasting your money and their space on some little nick-knack they will feel obligated to display whenever you stop by, why not put that money to good use and make a difference in our community. This Saturday (Dec.14th) from 11:00am until 2:00pm Mounds Mall will be hosting the Season of Giving Gift Fair which is sponsored by the Leadership Academy of Madison County. At this incredibly unique gift fair you can buy “virtual gifts” such as a bag of food, medicine for a sick animal, or school supplies for underprivileged children. Whatever your passion or the passion for whom you are buying there is sure to be a charity at the mall that needs your support. In fact there are going to be 16 local non-profits on hand for you to choose from. What a great way to let someone know you are thinking about them over Christmas and be able to make a difference all in one. This is an ideal event to take your children to to teach them the importance of giving back and helping those who are less fortunate. Plus this will be one of the very rare times that your Christmas gifts are tax deductible 🙂 Additionally, donations will be matched by the ever generous Hoosier Park! I hope to see all of you there spreading Christmas joy and helping to improve our community one donation at a time!
For any of you who attended the Christmas parade and events downtown Anderson this year you can vouch for the effort that the city has put into making Anderson a more community centered and festive town. This is also true at the historic Paramount Theatre and Ballroom downtown Anderson on Meridian Street where they are hosting the Festival of the Trees. If you are looking for some inspiration on decorating your tree or just want to see some of the fun and creative ways others have adorned theirs this is the perfect place to go. Not only is there there numerous trees on display but there is also a quite amazing train display complete with a full village. This is certainly no ordinary train set as it spans over the entire circumference of the room and highlights multiple Anderson establishments, hospitals, city streets, etc. The kids will love watching these trains go around the tracks. The festival takes place the rest of this week from 4:00pm-7:00pm and on Saturday the last day from 12:00-7:00. This is just one of the many must-sees in Anderson this year. Plus the beautiful trees make for a wonderful backdrop for those Christmas card photos!
While most people would agree that as far as weather goes it’s much more pleasant to shop for homes in the spring in summer, there may be some really great reasons to buy or sell in the winter that would outweigh the weather. Many home sellers wait until spring to put their house on the market. What they may not realize is that by doing this they are then entering a very competitive and saturated market. If a buyer is searching for a house during the winter that means they are undoubtedly a serious buyer and by having less competition you have a better chance to sell your home more quickly. Another benefit to selling your home when it’s cold outside is that home showings and open houses are much more inviting and tend to do better. Simply have a fire roaring in the fire place, Christmas cookies on the counter, and some tasteful but festive decor and potential buyers will want to make that their home for Christmas. Last but not least during the winter and holiday season many people have time off of work, this allows for those people to finally take the time to go house hunting. You don’t want to miss out on these potential buyers simply because of the weather.
As a buyer there are also a great deal of perks to buying in the winter months. As I mentioned earlier while there is less competition for other sellers the same can be said for buyers. The chance of a bidding war for your dream home drastically decreases during the winter. Since there is less competition it is quite possible to have more negotiating power and get a better deal on your new home. Another benefit to buying in the winter is the availability and flexibility of industry professionals. Since it is considered to be the “down time” in the real estate industry many lenders will be more willing to work with you, even waiving or reducing fees in some cases to obtain your business. The same can be said for movers who are in need of clientele. Another potential financial motivation for buying before the new year is the possibility of receiving a tax write off. By purchasing before the end of the year you may be eligible for tax credits, deductions for home mortgage interest, real estate taxes, and PMI premiums.
So before you write off the idea of buying or selling this winter consider the benefits that you may be overlooking. If you have any questions or want further information don’t hesitate to contact me! I look forward to helping you find your home for the holidays.
I must say that I am more excited now than ever to see all of the community events that are coming together in the city of Anderson. One that I am particularly looking forward to is Winterfest in downtown Anderson on Friday, Dec. 6th from 10am-8pm. This event will have something for everyone ranging from caroling, art and craft vendors, and train and military exhibits to Christmas villages, shopping with store-wide sales, and cookie decorating. There will also be the “Love Lights a Tree” ceremony for the lighting of the Christmas tree downtown. Many stores are participating in this festive event and will be having sales as well as Christmas themed activities. What better way to support to local vendors, enjoy time with the family, and appreciate all of the effort the city of Anderson is putting into making this one of the best holiday seasons yet.
For more information please contact Lori Sylvester (firstname.lastname@example.org). I look forward to seeing you all there!