Most people wait until spring to sell a house. However, winter offers several advantages that not only benefit sellers but also buyers. There are fewer houses on the market and more serious buyers. If you’re considering selling your home, winter can be a highly lucrative season.    

Reasons to Sell a House During the Winter

1. Fewer Sellers

Those wishing to sell a home usually wait until spring, which floods the market. The lack of competition in winter benefits those who list in the season. With fewer homes to choose from, potential buyers are more likely to notice yours.

2. New Parents

More children are born in September than any month of the year. A new bundle of joy means the family needs more room to move around. Parents will want to move quickly so they can start a new chapter in their lives in a new home.

3. Serious Buyers

In the spring and summer months, there are more people looking to browse listings and visit open houses to see what’s on the market. In the winter, potential buyers tend to be more serious. They don’t want the competition in warmer seasons, so they’ll be more motivated to make an offer sooner.

Often these buyers are relocating for work, so they have to get settled in quickly. Once they find a home that has what they need, they’ll be ready to buy.

4. Shows Winter Readiness

When you sell a house during the winter, potential buyers get to see how well it stands up to the season. Ohio can get cold, so having a warm home with a working furnace and a sealed roof will be attractive.

5. Year-Ending Tax Breaks & Bonuses

Homeowners get tax deductions on their mortgage interest, real estate taxes and private mortgage insurance premiums. Buyers often want to take advantage of these deductions by buying a home before the end of the year. They can even write off some of their home-buying expenses come tax season.

For those retiring, or those with bonuses from work, buying a home during the winter is simply more convenient.

Regardless of the season, when you’re ready to sell a house, the people of Chillicothe, OH, rely on Coldwell Banker Realty Champions. With over 30 years of real estate experience, their client-first philosophy has helped match sellers with serious buyers. To schedule an appointment, reach out to their team at (740) 775-8500. For more information on their buying and selling options, visit their website.