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.
Let’s face it, according to the weather channel (and the even more reliable groundhog) old man winter is going to be sticking around for quite a bit longer. It is at times like these that cabin fever really starts to kick in and it can almost seem like the walls are closing in on you and the kids. Instead of suffering through the winter months why not get out and enjoy some of the fun, kid friendly places right in our own backyard.
The first place that I highly recommend taking your rambunctious, energetic little ones is Bonzo’s Fun Zone in the Anderson Mall. This is essentially a spacious play area for kids featuring blow up fun houses, obstacle courses, arcade games, pool tables, and smaller children’s play equipment. While it not only guarantees hours of fun it also provides a place for kids to burn some long bottled up energy. At a very reasonable $7.00 per child (adults are free) this is a great place for a play date!
The next place that I suggest checking out this winter is the Anderson Roll Arena. This is another wonderful place for kids to get that much needed physical activity. It is also a very affordable afternoon activity that offers an array of fun options to keep even the shortest attention span occupied.
Last but not least the Anderson Public Library is a wonderful destination to snuggle up and read a book on a cold winters day. Check out the entire calendar of events that our community focused library offers! There is truly something for everyone (even a “Boogie Woogie Babies Class” for babies 0-2 years). Not only is this a great place to take the kids for some entertainment but it allows us as adults to converse with other parents and have that rare adult conversation!
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.