The winter months are generally spent visiting family, eating food and making great memories. Temperatures may drop and snow could even be on the ground, and the last thing on your mind may be buying a home. However, we have 5 powerful reasons why buying a home in the winter can benefit you.
- MOTIVATED SELLERS
Owners who list in winter usually need to move from their property for a reason (ie. job relocation) and therefore, are normally willing to negotiate on price. Use this aspect to your advantage in scoring a deal.
2. BARGAIN PRICES
Home prices are at an annual low during the winter months, which means buying a house now can increase your
purchasing power and get your more house for your money.
3. LITTLE COMPETITION
Fewer buyers mean less competition. This means fewer chances for multiple offers being put in on your dream home.
4. SEASONAL PERSPECTIVE
Cooler months means you can check the functionality of the heating system, or if there are any drafts coming through the windows. Any other time, these important factors may not cross your mind while touring a home. This could essentially leave money in your wallet.
5. AVAILABILITY OF PROFESSIONALS
Lower activity during the winter months can mean more attention from your real estate agent and lenders can be more accessible for questions and assistance.