Spring is here!!! Spring is widely considered to be one of the best seasons to sell a property. As the flowers start to bloom and temperatures start to rise, property buyers emerge in full force, creating the perfect market for sellers. Whether, as a buyer, you are looking to upgrade, downsize, or simply cash in on your investment, selling your property in Spring comes with so many advantages. Here’s some reasons why putting your home on the market during this fabulous season can work in your favour.
1. Excellent Buyer Demand
Spring brings an array of well motivated buyers who are ready to move. Many families prefer to buy in the spring time, so they can settle into their new property before the start of the new school. In addition, with longer daylight hours and better weather, potential buyers are much more likely to attend open house viewings and view properties, increasing your chances of securing a that all important sale.
2. Higher Property Valuations
Due to a higher demand in property, property prices do tend to hold strong in Spring time. Better competition among buyers can lead to an array of offers, driving up the asking price of your home and increasing interest. As a leading Bolton estate agent, The Purple Property Shop sees the property market increase its activity in the spring time, meaning that sellers can maximize their return on investment by capitalizing on seasonal trends, that Spring brings.
3. Great Curb Appeal
One of the great advantages of selling a property in spring is the great curb appeal. The natural beauty of the season, with blossoming flowers and fabulous green lawns, makes homes look so much more inviting. A well-presented exterior can most certainly create a strong first impression on a buyer and attract more potential interest and offers. Property owners can easily enhance their property’s curb appeal by doing small things such as planting flowers, trimming hedges, and making sure the lawn is well-manicured.
4. Favourable Market Conditions
Spring is often seen as a tine of a more balanced market, where both buyers and sellers are actively engaging in transactions over property. Mortgage rates tend to be that little bit more stable, and lenders are often seen as being more flexible in processing loans. This creates a great win-win scenario for sellers, as they have a larger pool of serious buyers who are financially prepared to make a purchase.
5. More Offers
With more buyers actively searching for homes, sellers can often find themselves in the enviable position where multiple offers are submitted for their property. This can lead to bidding wars, allowing the seller to negotiate better terms, increased prices, and fewer contingencies. Spring provides a great opportunity to sell at the best possible price.
6. Easier Property Moving Process
Selling in spring means you can take advantage of the mild weather for moving to a new home. Unlike winter, where bas weather such as snow and ice, can make relocating challenging. Or summer, where hot weather can be exhausting, spring provides a nice conditions for packing the house up, loading vehicles and transporting belongings to and from properties. Moving companies also tend to have more availability in spring compared to the the peak summer months.
7. Tax Refunds Boost Buyer Budgets
Many buyers receive tax refunds in spring, which provides them with extra funds for down payments on a property, moving costs, or any home improvements they wish to do. This financial boost can make it an easier for buyers to commit to buying a property, which increases the likelihood of securing a sale for the seller.
8. Good Timing for Families
For many families with children, moving property during the summer before the new school year begins is an ideal time. By buying a property in spring, these families can complete on a home and move in plenty of time for their children to adjust to the new environment before school starts in September. This makes spring an attractive time for buyers and it further driving demand on a property sale.
9. Better Home Presentation
Natural light is in abundance in spring, which allows homes to appear brighter and more spacious during viewings. With open windows and fresh air circulating, homes feel more inviting and make it easier to impress potential buyers. In addition, homeowners can stage their properties more effectively with natural seasonal elements, such as fresh plants and flowers.
10. Estate Agent Availability
Spring is a peak season for property transactions, but it is also a time when estate agents are most active and prepared to help sellers maximize their sales potential. Estate Agents have up-to-date market insights and strong marketing strategies to showcase your home in its best light. Their expertise and skill can help you navigate through the complexities of a competitive market and secure a great offer.
Finally
Selling a property in spring is a very smart choice for homeowners looking to get the best value for their property and also ones looking for a quick sale. Increased buyer demand, favourable market conditions, and much better curb appeal makes this season the ideal time to put your property on the market.
If you are considering selling your property, take advantage of spring’s prime conditions to make the most of your investment and achieve a successful sale.
Why not give us a call on 01204 598979 and arrange a FREE valuation and let’s get you moving!
