If you are planning to sell your home, conventional wisdom dictates that selling it during the prime season (at the start of spring and on through summer) is the right thing to do. In most areas around the country, spring marks the beginning of the busiest buying and selling season for real estate. What with the warmer weather and increased daylight, plus the added pressure to complete the home buying process before the start of the next school year, home buyers are more likely to purchase a home during spring. Besides all this, there are several other reasons why selling your home in spring would be a good strategic move. Here are a few of those points to consider:
1. Home prices are usually the highest during the prime season, when the most number of homes are on the market. This means the chances of you getting your asking price or an amount very close to it is higher if you sell during this time than if you decide to sell your home during the off-season.
2. Selling your home in the spring can also lead to better valuations. When your house is being valued, the appraiser will look into data for comparable homes sold in your neighborhood. But if the most recent data is from a home that sold for cheap in the winter, it can hurt your valuation. Since more homes sell during the prime season, the comparable data would be more accurate then.
3. Your home will probably look at its best during the springtime, when it isn’t covered under piles of snow and with pretty, colorful flowers blooming in the yard. Another advantage is that Daylight Saving Times gives potential buyers more time to look at houses, meaning the chances of them seeing your home during the day are higher.
If you are planning to sell your home, let The Incorvaia Team make the process as easy as possible for you. Call us at 440-879-7130 today!