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Most home sellers think that the best time to sell a home is during the spring season. This is not always true.
The best month to see a home depends on the market in which you are selling. Also, home sellers have different attitudes when it comes to selling a home, depending on the season.
During winter, home sellers tend to be more serious and up against deadlines. During fall, home sellers charge for repairs at lower rates because there is less competition. During summer, when there are lots of competition, home sellers think it is high time to sell a home because families move in and out of places before school starts. In short, the best time to list your home greatly depends on your situation and location.
Whenever you are selling your home, always remember that the best time of the year to sell a property fast and for the most money hugely depends on where you live. While most home sellers believe that the best time is during the spring, that does not ring true in all places. For instance, in Phoenix, Florida, Southern California and Texas, spring is the worst time to sell a home because that is when weather gets really intense in those areas—Heat index triples, and hurricanes and tornadoes turn up.
Because location matters in a home sale, you need to consider the pros and cons of selling a home during each season. Research the best time of the year to put a home on the market in your region and stick to that.
Different seasons influence many of our activities throughout the year. Summer evokes visions of the beach and water activities, while winter brings memories of an open fireplace and a cozy atmosphere. Although certain activities are considered “seasonal,” could this be also true about your CT waterfront home value when selling?
When it comes to waterfront homes, each season definitely has its advantages. Increasing your property’s value is a matter of strategic staging to make it appealing regardless of the season you decide to put your home on the market. Here are a few things for you to consider:
Blooming flowers and picturesque views during this season can increase the number of interested buyers. The milder weather also encourages more activities outside and makes it a great time to have open houses. Make sure the gardens are at their best to welcome guests.
Many home sellers think that the best time to sell a home is during springtime because usually, homes sell during the first two weeks of May. In most places, home sellers can expect to sell up to 18.5 times faster than any other month of the year and for 5.9 percent more.
There are also places where it is better to sell a home around April or June than May. But while springtime is a great time to sell a home, there are still cons to it. Here are the pros and cons of selling a home during this season:
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Waterfront homes are sought after during the warmer months because they offer respite from the heat. This is the best time to highlight activities and amenities that waterfront homes have to offer like picnics, boating, fishing, etc. Stage your property as the perfect getaway for summer which will increase its home value during this season.
Like spring, this season is also a good time to sell a home because in some regions, June proves to be the best time for home closing. In fact, based on records, June 28 is the most likely day of the year when homebuyers close a home.
There are a lot of other reasons why summer is one of the best seasons to sell a home, although mid-June and late-August are also characterized by listing drawbacks in some regions. Here are the pros and cons of selling your home during summer:
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With Connecticut’s brilliant fall foliage, this season brings plenty of visitors who want to experience this autumn beauty. Take advantage of the changing colors and beautiful scents and invite potential buyers to experience the relaxing atmosphere of a waterfront home away from the busy metro.
Although in most regions, fall is not the best time of the year to sell a home, it is for other regions. In some places, it is scorching hot from April through summer.
Your home may not be family-friendly or you may live on the coast, where some areas can be foggy and cold all summer but warm and beautiful in the fall. You may also live in an area where yards tend to be spectacular because of changing colors. If this is the case, then fall might be the best time for you to list your home. Here are the pros and cons of selling your home during fall:
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Though the colder months are not as inviting, it is the season with the least amount of listings in the market which means less competition. Make sure to highlight features that present well during the winter like a fireplace, a spa bathroom, or an indoor-outdoor living which makes your property a place of relaxation even on the coldest winter days.
During the cold weather, people tend to shiver. They also do when it comes to the idea of selling a home during this season. This is because in most areas, this is the time of the year when properties are hardest to sell.
If you are living in resort areas like Florida, Arizona, Southern Nevada and ski towns, however, you might be surprised to know that winter is the best season to sell a home. Either way, if you understand the advantages and disadvantages of selling a home in winter, it might be the best time of the year to sell a home for you. Here are the pros and cons of selling your home during winter:
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When it comes to selling, the value of your waterfront home is basically how much a buyer is willing to pay for it. Having an idea of how each season can influence your home value is important.
There is definitely no hard and fast rule as to what season is the best time for selling. The help of a Realtor® who specializes in waterfront homes, like me, will ensure that you get the right price for your property.
Are you ready to sell? Call me, Deborah Laemmerhirt at (203) 994-4297.
In case you can not view this video here, please click the link below to view CT Waterfront Home Values: When is the Best Time to Sell? on my YouTube channel: https://www.youtube.com/watch?v=F53jIqbSsF8.
If you’re thinking of putting your Candlewood Lake home up for sale, renovating it can make a significant difference in its price.
But not all renovations boost sale price. Before you start buying supplies and contacting local contractors, step back and plan carefully. Some projects are more effective at increasing home value, while others are better left unadded.
Start by consulting your local real estate agent. He or she knows the best updates to sell your home for sale in Candlewood Lake CT.
Doing your due diligence and planning smartly can help you decide the best upgrades that will give a higher return on your investment.
HGTV shares several renovations that will both pay off and boost your home’s value.
1. Update the bathroom. You don’t have to spend a lot of money to improve the look of your bathroom. There are many simple upgrades you can do that will increase the comfort and style of your bathroom, as well as add equity to the home.
Here are some cost-effective updates for a minor bathroom remodel.
2. Enhance the landscape. When you’re selling a home, the first impression is crucial. Buyers make up their mind in the first few seconds they’ve seen your home, so make the most of your home’s curb appeal.
Make sure that you have an attention-worthy landscape. It doesn’t have to be fancy, but it must have charm to create the impression that you take care of the house and your yard.
What are some things you can do to update your home’s landscape?
Spending a little amount of money on your curb appeal will make the home look more appealing, which buyers will pay more for.
3. Give your kitchen a minor renovation. The kitchen is one of most well-used part of the home, especially if you are using your Candlewood lake home as the main home.
These upgrades will not only add equity, it will also make the kitchen a favorite spot in the house.
4. Exterior improvements. Did you know that vinyl siding replacement has a recoup rate of 95%, and a steel door replacement has an ROI of 91%?
Lakefront homes are beautiful, but they are also more exposed to harsh elements. The constant exposures easily damage the sidings, so check your sidings to see if it needs replacement.
Check out these other exterior improvements you can make.
5. Renovate the basement. Increase your home footage by improving the basement. A finished basement is an additional living space and can be converted into a family room, an extra bedroom, a game room, or a home office.
6. Replace old windows. Showcasing your surroundings scenic beauty is important when you live in a waterfront home. Replacing your windows will help the views stand out even better. New windows also let natural light in much better, reducing the need to turn on electric lights which saves you from the additional cost.
Choose energy-efficient windows. These windows help seal the heat better, so you can enjoy the maximum use of your energy.
7. Upgrade your floors and walls. Painting your walls is the most cost-efficient way to upgrade and brighten up your living space.
If your carpet floors are already worn out, rip it up and check what’s underneath. You can also choose to replace your floor with hardwood, laminate or tile.
You can learn more updates here: https://www.hgtv.com/design/real-estate/top-home-updates-that-pay-off-pictures
Renovations are not cheap, so plan your updates well. If your Candlewood Lake home is well-maintained and structurally sound, the updates will only mean a few cosmetic changes.
Learn the best renovations for your home for sale in Candlewood Lake CT. Call me, Deborah Laemmerhirt, at 203-994-4297. Let’s discuss the best updates that will boost your home value.
In case you can not view this video here, please click the link below to view HGTV’s Top Upgrades to Boost Your Waterfront Property Value on my YouTube channel: https://www.youtube.com/watch?v=1aMRftqj3HE