Buying a home during the winter may be less common than in summer or spring, but there are a multitude of benefits that often go overlooked. The smartest home buyers know not to dismiss this key season, and instead take advantage of the unique opportunities it presents:
Sellers are serious about selling
If a seller is listing their property in winter instead of waiting for the popular spring season, it’s a possible sign that they’re especially determined to sell. This gives the buyer a great advantage. When such an opportunity arises, work with your agent to coordinate an appropriate negotiation strategy so that all parties can successfully come to a mutually agreeable price.
A more accurate picture of what you’re getting
In summer, houses tend to look their best – lush green lawns, trees, and colourful flowers are in full bloom. The sun shines through windows and doors, making rooms feel bright and airy. A house can easily hide its blemishes in this golden summer glory.
But in winter, all these flaws will be exposed and accentuated, making it easy to see exactly what you’re getting. You’re far less likely to make any mistakes about the condition, such as issues with heating, drainage, or leakage, because you are seeing it at its most unflattering time of year.
At the same time, valuable qualities will become more apparent. Properties that provide good natural light and are well ventilated and well-oriented will stand out from their gloomy counterparts.
You get a head start!
Starting your search during the winter means that even if you don’t find the home you’re looking for, you still get a leg up on other buyers once spring rolls around. While others flail against the wave of new listings, you’ve done your homework, have a better understanding of the market, and are ready to hit the ground running.
Most importantly, the relationships forged with agents during your winter search means you’ll be first in line for a call in spring when they find a property they know you’re looking for. Either way, there’s nothing for you to lose by starting your search early.