Following close behind spring as the busiest season for buying and selling, summer is a great time to put your home on the market or start your new home search. There are plenty of benefits of buying and selling in the summer, and we’re here to tell you why you should consider moving this summer season.
1. Summer is an Ideal Time to Move
With kids out of school and many workplaces in low season, summer is a convenient time for a move. People have more time to go out and look for houses and are encouraged by a move during the sunny, summertime season. Buyers are motivated because they know that once school starts up again, life is going to get much busier and it’s going to be a hassle to move. Plus, if you’re switching school districts, moving in the middle of a school year is a bummer for kids. Buyers with kids often prefer to buy and get settled in the summer before school starts.
2. The Weather is on Your Side
Summer weather is preferable when you’re trying to sell your home. Additional hours of daylight offer more opportunities for buyers to see your home at its best. If they come after work on a weekday, there’s a good chance they’ll see your home when the sun is still out, meaning they can get a better picture of what your entire property has to offer. People spend more time outside in the summer and are also more likely to attend an open house. This is also great as a buyer as you’ll be able to better picture yourself spending time in the yard and neighbourhood when it’s nice outside.
3. Curb Appeal
In the summer, you can really enhance your curb appeal. You don’t have to worry about snow, ice or leaves covering your yard and you can make your home look even more beautiful with a blooming garden and pristine lawn. If you have a pool and backyard deck, summer is the best time to show off these features and how they offer additional living and entertaining space. Be sure to make the exterior of your home look its best. Update hardware, add potted plants and patio furniture, and consider painting your front door and garage doors to really make your house stand out.
4. As a Buyer, You’ll Have Lots of Options
As one of the most popular times to sell a home, you’ll likely have a great selection of homes on the market as a buyer. Keep in mind that it may be competitive, but with more homeowners selling during this season, your options should be plentiful. You’ll be less likely to be heartbroken if you miss out on a bid because you’ll have other great options to choose from. If you’re selling your home, summer is also an excellent time to buy at the same time.
5. Spring Listings May Lower
If a house hasn’t sold after 60 days, it’s likely the buyer will lower the price to make it more appealing. If they put their home on the market in the spring (typically a busy home selling season) and it hasn’t sold in months, they’re more likely to reduce the price come summer. Take advantage of this as a buyer, as it could be a great opportunity to buy a home for less than you would in another season.