Selling in the Canadian Winter
January 13, 2020
Brrrrr…As you sit in your comfy pants under a fuzzy blanket, scrolling through realtor.ca, or better yet, scrolling through our amazing website hometownrealty.ca, you may be asking yourself, is winter a good time to sell? Shouldn’t I wait for the infamous “spring market”? Do I really want to go outside? The answer is, YES. And here’s why…
From a selling perspective, winter is an excellent time to sell. There is typically less competition on the market so your home will stand out. This winter especially brings with it a pent up market, since the fall market didn’t really produce many listings, so there are many buyers sitting around (maybe in their comfy pants too) waiting for the right house to come along.
**Case in point, our new listing at 585 McTavish, has seen lots of showings and two busy open houses despite deplorable weather. This is partly because there is so little else on the market in that ever popular $500K ish price range, and hasn’t been for ages. It’s also a great house! Look for it to sell this week!
Another bonus of selling in the winter is serious buyers. If people are putting on real pants and risking frozen toes to come view your home, you know they aren’t just tire kickers. They want a house, and blowing snow and frigid temps will not stop them. Not to mention, if your green thumb is lacking, you don’t have to worry about the state of your yard in the winter, as it is generally covered in snow!
Regardless, this time of year is the perfect time to start thinking about selling, even if you’re not ready to put the sign on the lawn tomorrow. The “spring market” often hits earlier than the groundhog says, often in February or early March, so the time is now. Start thinking about de-cluttering (ahem putting away the Christmas decorations..), a fresh coat of paint here and there and finding the right real estate agent. Feel free to give us a call if you’re contemplating listing now or later, we’d be happy to help you get a plan together!
Kirsty Coles - Broker