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5 Reasons to Sell Your Home During the Winter Months

It may not be peak season in the Canadian real estate market right now, but that does not mean you still need to wait until spring to market and sell your home. Despite popular belief, there are many reasons why selling in the winter can be beneficial, especially if you are interested in selling soon. Here's why:

 

  1. Less competition - Since the most common time of the year to buy/sell a home is in the spring, you will likely face less competition in the winter from other listings.
  2. Serious buyers - When looking for a home, people tend to browse through just out of curiosity because there is a variety of listings on the market during spring and fall. Whereas, in the winter, buyers are looking to purchase a home quickly.
  3. Benefit from Your Bonus - The end of the year means people may be receiving their year-end bonuses from work and will have more money to put for a down payment on a home. When employers benefit, you do too!
  4. Available Real Estate Agents - Along with the housing market slowing down, real estate agents will also be winding down for the year end. However, this also means Realtors will be able to devote more time and focus primarily on marketing and selling your home.
  5. Natural Aesthetic - Take advantage of the snow and design your very own a Winter Wonderland at home. On the plus side, since your yard will be covered in snow you will not have to maintain the landscaping as much. Although be sure to shovel the driveway and front steps and spread some salt for people's safety.

 

There is no such thing as the 'right' time when you are considering selling your home any season can be an ideal season. Nevertheless, the real estate market is always changing so, do not wait for everything to fall into place and act soon to make it happen. Winter can lend some great staging opportunities that will make the home seem cozy and warm and there is nothing better than buyers imagining themselves living in your home.

For more information about our realty services, visit our website http://www.spectrumrealtyservices.com and stay updated on new homes for sale in the GTA.

Spectrum Realty Services Inc., Brokerage

8400 Jane Street Unit 9, Vaughan, Ontario L4K4L8
Email: reception@spectrumrealtyservices.com
Office: 416-736-6500
Fax: 416-736-9766

Trademarks owned or controlled by The Canadian Real Estate Association. Used under license.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Information is deemed reliable but is not guaranteed accurate by TREB.

Toronto Real Estate Board - IDX Last Updated: 1/16/2019 7:17:46 PM