Spring is almost here, and with it comes one of Edmonton’s busiest real estate seasons. If you’ve been thinking about listing your home now that the weather has taken a turn for the better, here are eight spring-selling advantages to consider:
1. A Classic Sellers’ Market
Historically, Spring is the most active time of year for the Edmonton market. With the winter thaw comes an influx of buyers eager to find their dream home. As a result, warm weather conditions often spur a seller’s market – when there are more home buyers than there is inventory available – and the perfect time to get the most money for your home.
2. Your Home Will Look Its Best
Home buyers aren’t the only ones eager to make their presence known during the Spring. Trees come to life, flowers bloom, and lawns begin to green – automatically elevating your home’s curb appeal. Your home will look fresher and brighter and buyers will also be able to better picture themselves in your home’s outdoor spaces (i.e., playing in the yard, relaxing on the deck, entertaining on the patio, etc.).
See also: 10 Tips For Making Your Home More Appealing to Buyers
3. More Time in the Day
Not only do homes show better in the Spring, but the balmy temperatures will allow you to show your home more often. Longer days mean you can cater to more interested buyers, conduct an increased number of home showings and sell your home faster.
4. An Easy Transition For the Kids
As a parent, selling your home during the Spring will make things much easier when it comes to coordinating your child’s school year. Since moving is already a big adjustment for kids, transitioning to your new home during the spring/summer will give them more time to acclimate to the idea of a new house, neighbourhood, and school.
4. The Potential For Multiple Offers
As we mentioned above, having more buyers on the market increases your potential to sell your home quickly and for top dollar (so long as it’s priced correctly). Once your Edmonton REALTOR® recommends a strategic listing price via a free property valuation, your home will automatically begin attracting interested parties, potentially leading to multiple offers and driving up your asking price.
Check out: Home Not Selling? Here Are 6 Reasons Why
5. Your Home Will Sell Faster
We already mentioned your home will sell faster (and for more money) in the Spring. But how much faster? According to the experts, homes listed in the Spring sell more quickly than any other time of year (specifically between May 1 and May 15). May sellers can expect to sell their homes six days faster than any other month and for approximately 0.7% more.
With the average single-family home price in Edmonton currently sitting at $437,977, this is a profit of over $3,000.
6. The Power of Negotiation
With the potential for more offers on the table comes the potential to tilt negotiations in your favour. In a multiple offer scenario, especially, buyers competing with one another will be more likely to agree to specific seller contingencies (i.e. the home’s closing date), making the process easier for you.
7. A More Enjoyable Home Move
Finally, opting to sell during the Spring will result in a much more pleasant moving experience. Not only will you avoid the frigid winter temperatures (sleet, ice and snow) for which Edmonton is known, but you won’t be caught moving in 30+ degree weather, either!
Note: Spring is typically very busy for Edmonton’s home moving companies, as well. Be sure to book in advance.
Sell your home quickly and for the most money possible with the help of my FREE Property Valuation! Or for further buying or selling information, tips or advice, don’t hesitate to get in touch.
Photo credits: shutterstock.com
Posted by Kevin Klein on
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