Late fall is well underway, and it won’t be long before we’re in the thick of winter. What does this mean when planning to sell your West Toronto home? While many home sellers assume this isn’t a good time to put a property on the market, that’s not necessarily the case. It’s true that there are some perks to listing in the spring and summer markets.
That said, the market has changed over the last few years and the old rules don’t always apply. The new reality in real estate means there are also plenty of reasons to start selling when the temperature drops and the leaves have started to fall.
Here are a few reasons why you might want to consider listing your home in late autumn.
A competitive-yet-realistic price point is always essential when selling West Toronto real estate. A professional home evaluation will give you an idea where you stand in the current market. Book your evaluation for free right here.
Time Is on Your Side
Not long ago, you could count on some seasons being much busier than others when it came to real estate. For example, it was common knowledge that spring was by far the best time to sell your house. If you missed it, you might decide to wait until the following year if possible.
However, did you know that fall has long been considered the second busiest time? Even that’s only according to seasonality, which is not as impactful as it once was. More than ever, homeowners are making the decision to buy or sell based on personal reasons rather than the market.
That said, many people will be out there searching for a new home in the fall. School is just getting started, and buyers want to be moved in and settled well before the frigid weather arrives. If you are ready to move on from your current home, all signs point to late fall being a fantastic time to sell.
Curb Appeal
The snow, wind, and ice are officially on their way. But before they descend on our city, think of how picturesque your property will soon appear. With the incredible display of fall colours, you almost don’t have to do a thing to create gorgeous curb appeal. Nature is about to take care of most of it for you! And this is great news, because how your home looks from the outside is one of the most significant factors in whether it sells.
You can enhance your fall curb appeal even more with a few autumn touches. Consider adding some seasonal decor, like a wreath or a box garden full of fall flowers. If your home is still on the market as winter approaches, you can transition to tasteful Christmas decorations – think carefully-installed twinkle lights.
Want a more detailed guide to making your home’s exterior shine? Then we’re sure you will love 5 Landscaping Tips For Home Sellers.
Buyers Are Serious
Speaking of the holidays…at this time of year, there are a whole lot of buyers looking to settle down before they start. For many home hunters, the idea of having a family Christmas in a brand new home can create a sense of excitement and urgency.
From the desire to get unpacked before seasonal socializing kicks off to needing to factor home-buying costs into holiday budgets, there are many reasons buyers and sellers are in a hurry during this hectic season. Plus, there may not be as many homes for sale as there were earlier in the year, which means you have less competition from other sellers in your area. All of this could be great news for you if you’re ready to make a quick and profitable sale!
Want to make your West Toronto home nearly irresistible to buyers? The ideas below will help you no matter when you decide to sell:
- Home Renovations That Add Lasting Value
- 5 Tips to Make Your Home Irresistible to Young Buyers
- Buyers Are Going Crazy for These Home Features
There’s Less Competition
Spring is the most popular time to put a home on the market. So much so that some homeowners purposely hold off until the snow starts to melt because they believe they’ll earn the highest amount. This doesn’t always happen, of course. Many buyers also wait until spring, which could mean a whole lot of competition on both sides of the transaction.
This is why other, less-popular seasons can work in your favour. Having fewer sellers to compete with can give you the opportunity to ensure your home really stands out. Just be sure to adhere to best practices—which means thoroughly decluttering and cleaning your home and having it staged to perfection. A local West Toronto real estate agent from the Sidorova Inwood Team can help you decide what upgrades will help make buyers fall in love with your home. A little well-thought-out preparation can get them excited to make you an offer.
Planning to buy a new home after yours sells? The posts below could help you spot a hidden gem:
- Could a Cosmetically Imperfect Home Be the Best Choice in Toronto?
- Navigating the Journey as Your Family Outgrows Its Home
- 5 Questions to Ask About a Home Before Making an Offer
You Could Get a Deal
Selling a home is usually coupled with another, equally-important, transaction – buying the house you plan to move to next. Imagine juggling both transactions during the busiest time of year with a ton of other buyers and sellers in the market. The process can be hectic and more than a little stressful—especially when you’re figuring out the financial side of things.
On the bright side, you could save some serious coinage if you make your next purchase in the fall. At this time of year, many sellers have had their properties on the market since spring—and now they’re ready to make a deal.
From a less crowded market to more motivated buyers to the potential to pay less for your next property, there are many reasons to consider listing your home in late fall. Whether you’re ready to start selling now or your home is already on the market, you can make the most of the season with the right preparations—and some guidance from a real estate agent with local expertise.
Ready to buy or sell West Toronto real estate? We’d love to walk you through the process! Get in touch with us at 416-769-3437 or email info@sidorovainwood.com to talk about your next steps.
Do you have questions?
Get in touch with us by filling out the form bellow, calling us at 416-769-3437, or emailing info@sidorovainwood.com today.