You’ve heard the fearful warning cries of home sellers everywhere, “Don’t sell your house during the winter!” Believe us, so we have. But does the claim hold any real truth? Both the fall and winter have come to earn a bad rep on the real estate selling market, but the truth is these seasons aren’t the off-season that everyone paints them out to be. With a few tips and tricks from us, you’ll be fast on your way to getting your home out of your hands just in time for the New Year!
Sure, the numbers don’t lie. We’ll admit it; the winter season does indeed have fewer potential homebuyers. But numbers also suggest that there are fewer listings to choose from. Logically speaking, that can only mean that the few buyers who ARE out there have slim pickings. Suddenly, making sure that your property is the absolute best just became a lot easier.
Going against everything you’ve heard, we’re here to tell you that selling your home during winter isn’t impossible. In fact, some actually suggest that your home will sell faster AND for more money in the wintertime. Take Baltimore, for example, where 54% of homes placed on the real estate market in winter actually sold within a timespan of 6 months. However, compared to the summer and springtime, that number decreased to a range of 43% and 46%.
Still not convinced? Further studies have gone on to suggest that a home listed during the wintertime is 9% more likely to sell and at a quicker rate too! We know, we know, this may all come as a major shock to you, especially since it contradicts everything real estate professionals have said about selling during the holiday season. But before you jump on the market, it’s important to know how to take full advantage of the season, which is exactly what we’re here for!
If you’re in the business of selling your home during the season, make sure you keep some of the biggest winter home selling tips in mind to get the most out of your efforts. We’ll begin with the most obvious, make sure your home is aesthetically pleasing to the eye, this can mean making sure that your driveway is shoveled if you live in a snow-ridden area or even making sure that both your windows are clean, especially since these are a major source of cozy lighting during the winter time.
Finally, take advantage of the power of your winter listing and display the beauty of your home year-round to give potential homebuyers an idea of what they’ll be investing in, regardless of the season. Also, make sure that your home gives of a cozy and warm vibe. Make use of that fireplace you’ve barely touched and open up the curtains to let some natural light leak in. Don’t forget to even take advantage of the holiday season, but remember not to go overboard with your decorating.
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You’ve been planning on remodeling for years, and now you’re finally ready. Maybe you’re using a generous tax return or maybe you’ve refinanced your mortgage to take on the home renovation project.
However you got to this exciting moment in homeownership, there’s one golden rule to follow before cutting that old bathroom or laying down that new deck.
Future-proof your home.
That’s right, we all have our own styles when it comes to what our dream home looks like, but keeping future buyers in mind–even if you don’t plan to sell your home for years to come–will ensure your home will sell quickly when the time eventually comes.
A recent article on MSN.COM shared several must-do renovations to future-proof your home. Here are the top three:
1. Improve Your Home’s Insulation.
2. Use formaldehyde-free cabinets for kitchen upgrades.
3. Consider a tankless or solar-powered water heater.
For more on these and other home remodeling tips, read the full article here.