The Importance of Buying a Home in Grande Prairie Before Winter
With people eager to go outside and homes looking their best, spring and summer are considered the best time to buy a home. Meanwhile, fall usually gets overlooked. However, did you know that fall is not only a great time to buy a home, but it can also be the ideal season to find your dream house?
Here are three benefits of buying a home in Grande Prairie before winter:
Fewer Buyers
Since summer and spring are the most popular times to buy a home, many buyers will be in the market at this time – which means more competition for you! But by the time fall comes around, most buyers will have found their ideal homes, and the number of buyers competing for properties will be fewer. This means that you can find a home at a lower price. In fact, a report by Realtor.com has shown that a buyer who buys a home just before winter will pay 2.6% below the estimated market value.
The Weather Reveals the Home’s Condition
The property’s design, features, and condition will be put to the test during fall and winter due to the dreary weather that comes with these seasons. So, before making your offer, it’ll be advantageous to see if the house has any glaring flaws that reveal themselves as soon as summer goes by. If they do, you may need to reconsider the home purchase unless the seller agrees to fix them or you can afford to fix them yourself.
More Attention
Several service providers are involved in homebuying, including mortgage lenders, closing attorneys, home inspectors, appraisers, property insurance agents, and surveyors. When many homes are being sold in the summer and spring months, these service providers become busy and might not be able to offer adequate and timely attention to every homebuyer. But since fewer home purchases are made before winter, you’ll get the attention necessary for a smoother transition!
Need Help Buying a Home in Grande Prairie Before Winter?
Ready to buy a home this fall? Talk to our real estate agent! We’ll help you find the best homes for sale in Grande Prairie, ensure that you create a winning offer, and negotiate on your behalf to make sure you get the most out of the home purchase!