DemandIt is not uncommon for home sales to lag in colder months. While any time is a great time to put your house on the market, spring brings about a sense of newness and house hunters seem to be especially eager to find their dream homes in March, April and May. This puts you, the seller, in a very strong position to profit handsomely.
Warmer WeatherWinter open houses can be difficult and messy, depending on the weather. Warm sunshine invites buyers of all shapes and sizes to explore all the market has to offer. Daylight savings time is also an advantage as buyers have more time to explore your property, experience the outdoors and imagine what it would be like to live in your neighborhood. Your property will likely gain a bit more exposure than usual and you will want to make sure your lawn is groomed and fresh flowers are planted in order to lure in the perfect buyer.
Market ValueOnce you've accepted an offer on your home and if the buyer is mortgaging the property, an appraisal will likely be required. The appraiser will consider other comparable homes and recent home sale both within your neighborhood. Since many home owners elect to sell in the spring, it is likely that this could drive up the value of your home. In fact, you might want to consider getting an appraisal before listing your home on the market in order to best estimate a good price for your home. Discuss this idea with your experienced real estate agent in order to determine the best plan for a profitable, expedient sale.
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