18 Jul 3 Advantages of Summer House Hunting
Just like any other product on the market, there is such a thing as the “right time” to buy a house, and that’s during the summer. While a lot of people seem to think that the real estate market doesn’t change throughout the year, there are a bunch of factors that make summer house hunting a lot easier and much lighter on the pocket. Find out why the months of July and August are the best time to go house hunting by reading through these top three advantages of buying in the summer:
1. Better Weather Conditions
Really, who wants to go out and look at houses in the pouring rain or through thick snowfall? One of the best things about house hunting during the hotter seasons is that you will get a better look at the properties available to you. Rain and snow can make it hard to really appreciate the features and functions of real estate properties, and sometimes it can cloud a person’s judgement. This also gives hunters the ability to inspect the surrounding areas and community, how other houses are maintained, and what amenities and events are on-the-go in the neighbourhood that could be of interest to the family.
2. Better Maintenance
During the summer months as house hunters are much more likely to go outdoors and check out potential property investments, sellers are much more inclined to put their homes on the market. That means during the summer, there is typically a wider selection of homes to choose from. And because of the tight competition, those who really want to make a sale are forced to up the ante and make their property more attractive to potential buyers by performing home improvement projects to enhance appearances and functionality as well.
3. Better Chances for a Bargain
Now that the market is satiated with sellers and properties, it goes without saying that making a sale becomes even tougher. And this is why sellers become much more lenient with their buyers, offering price slashes and discounts in order to secure a sale. Plus, the added pressure of selling an old property and moving into a new one before school season starts has sellers scrambling to make a sale. All of these factors together make for a much easier bargaining atmosphere, allowing both buyers and sellers to meet halfway in order to appease and satisfy each others’ interests.
Are you in the market to buy a home in Kanata, Barrhaven, Orleans, or elsewhere in the Ottawa area? The Geoff and Bobbie Team are here to help guide the way. We are ranked in the top 100 RE/MAX sales associates in Canada, the top 10 MLS REALTORS® in Ottawa, and we were recently voted Ottawa’s top-rated agent!