Are you ready to start looking for a new home but waiting until next Spring before you begin?
Finding your next home doesn’t depend on the weather and looking for a home in the Kitchener Waterloo region during the winter months can actually have advantages that aren’t available during the spring. We’ve listed 3 Advantages to Buying Your Home in the Winter below, check it out and get started looking for your new home today!
1. Less Competition
The majority of homes are listed during the spring and summer, meaning there may be fewer homes available in the winter. However, this smaller selection can save you time. You can view a handful of homes and find the one that best suits your needs and wants.
With less homes on the market during the winter, there will be fewer buyers to compete with as well. Less competition means that seller’s are more likely to accommodate potential buyers and you’ll have more time to make your decision as there will be less competitive offers, while in during the high market you need to act quickly.
2. Lower Prices
When a seller lists in winter, they may be a motivated seller, such as relocating for work. It gives you the opportunity to take advantage of the slower season. You and your real estate agent may be able to negotiate a better deal than you would when you in the spring, when there would be more competition.
3. Identify Issues Ahead of Time
Everything in your home is put to the test in the cold. Check if there is a draft coming in from any of the windows and if you feel cold in any sections of the house. While some of the landscaping may be covered under snow, it’s more important to know that everything is working inside the home. After all, making landscape adjustments is much more cost effective than replacing a boiler. You’ll be able to get a good idea of how the plumbing, heating, and roof/gutters function during the cold and how they handle snow. This allows you the opportunity to identify and resolve any issues that might not have presented themselves until after you had already taken possession of the house.