There’s an old myth that claims winter is a bad time to sell your property. But in truth, it’s an assumption inherited from the northern hemisphere that isn’t relevant to us here down-under. Compared to America for example, where they can often experience snow white-outs, Australian winters are far milder and won’t cause any serious obstructions to inspections and selling your property.
In fact, winter even presents its own unique set of advantages:
More genuine buyers
While it’s true that cold temperatures may deter some people from attending inspections, the same could be said for hot summer days.
And while milder seasons like autumn & spring may see more people showing up, that doesn’t mean they are all genuine buyers. Some could be considering selling their own house and attending inspections to gauge the competition on the market. In winter however, the harsher climate will deter casuals, so you know the ones showing up at your door are serious about buying.
Remember, if someone is genuinely interested in buying a property, they will be there, rain hail or shine. Their decision is based on their own finances and personal circumstances. If they have made all necessary preparations and are ready to act, they won’t let the seasons hold them back – and neither should you.
While you might be tempted to follow the crowd and wait until spring to sell your home, keep in mind that more sellers mean more competition. Due to the high number of listings in spring, what typically results is a “buyer’s market”—meaning that there is an oversupply of properties and thus more competition. On the contrary, because there are fewer listings in winter, the demand for houses can result in an ideal “seller’s market” where less competition exists between properties and more competition exists between buyers. All this means more negotiation leverage for you and a higher final selling price for your home.
Highlighting your home’s unique features
If your house is north-facing, winter can really highlight its advantages and showcase its allure. In summer & spring, it’s easy for properties to hide their flaws thanks to the abundance of natural light they receive. North-facing properties are more easily overlooked as a result since every home looks the same.
But in winter when the sun is at its lowest, north-facing properties truly outshine competitors because they receive sunlight for the longest period of the day. And by harnessing its natural power, they not only save on energy bills but also warm your home up during winter inspections – instantly showing off the unique advantages your property possesses!