Here in “Bluegrass Country” in the dead of winter the grass isn’t “blue” and it’s certainly not green. In fact, it’s rather brown, and crunches under foot. The trees are bare, and on most days we are bundled up in our coats.
So why would it make sense to put your Louisville home on the market when the landscape is barren and the color scheme is grey and brown?
Get A Head Start On The Competition
Yes, it’s true. There are typically fewer buyers looking in the winter than in the Spring and Summer months. But here’s the main reason to get a jump start: the buyers who are out there shopping are serious buyers. And aren’t the serious ones the ones you want viewing your home? The buyers who are bundled up and braving the cold weather aren’t just out there casually looking. They want – and need – a home.
You Are Likely To Get A Better Offer.
Instead of just being one among the dozens – or even hundreds – of homes in your area and/or your price range, you will be a stand out. It’s the age-old story of supply and demand. This can definitely equate to a better and higher-priced offer. In fact, if you have your home priced and staged properly, you could even get multiple offers.
Interest Rates Are At Historic Lows.
In spite of the weather, with interest rates below 4 percent (incredible!), the Louisville housing market is already heating up. Buyers are realizing that these low rates can’t last forever. They are finding that they can get much more house for the money than ever before.
Louisville Area Home Prices Have Hit Bottom?
There is a lot of pent-up demand, on both the buyer and seller sides. Sellers have been waiting for a better time to sell. Buyers have been waiting for more quality inventory and a sense that prices have bottomed or are close to it.
If Your Home Is Ready For Prime Time, Consider The Edge You Have By Doing It Now.
Obviously you don’t want to put your home on the market until all the repairs and improvements have been made and you have it staged and ready for the market. But if your home looks its best, don’t worry that the daffodils are not in bloom and your lawn is not lush and green. Do you have Spring or Summer photos? You can use them to showcase how your home looks its very best outdoors. Another tip is to use your best interior photo as the first picture potential buyers see online. Make sure that if you do need a fresh photo of the exterior that you wait for a “blue sky” day. A beautiful blue sky is always appealing. There are many ways to work around the fact that it is the winter season. Now really is a great time of the year to get a jump on your competition and achieve the highest and best offer on your home.
Call In A Louisville Area Professional.
All real estate is local. As local as your own subdivision, and sometimes even as local as your street. Your best bet is to call in a professional Realtor with a proven track record of sales in your area to give you a market analysis and counsel you on the best timing for selling your Louisville home.
If I can answer any questions or help you with a market analysis of your home, please contact me: Jacki@TheShaferTeam.com , or leave a comment below.