Are you looking for a good buy?

You may have already seen the property

Listings Stay On Market Longer In The Winter

If you are buying, it is a good time to look at houses you considered previously that did not sell. There may be a great deal to be had. Just because other people have forgotten about that home does not mean that it can't be a great buy. It means you may be in an even better negotiating position!

Several factors contribute to the reduced frequency of home purchases during the winter months. First, the inclement weather and shorter daylight hours can make house hunting a less appealing prospect. Snow, ice, and cold temperatures can make it challenging to visit properties, leading many prospective buyers to postpone their search until the spring or summer when conditions are more favorable. Additionally, the holiday season often brings increased expenses and commitments, diverting people's attention and resources away from home buying. Furthermore, the winter months are associated with the end of the school year, and many families prefer to avoid disrupting their children's education by moving during this time. Overall, the combination of weather-related challenges, holiday expenses, and family considerations tends to lead to a lull in the real estate market during the winter, with the market typically picking up in the warmer months.​​

What Should You Think About Before You Start Looking For Your Next Home?

Why Should "Resale Value" Be in Your Top 10?

When buying a home, it's essential to consider various factors to ensure you make a well-informed decision. Here's a list of what to look for when buying a home:

1. Location: Consider the neighborhood, proximity to work, schools, public transportation, and essential services like hospitals and grocery stores.

2. Budget: Determine your budget, including not just the purchase price but also ongoing expenses like property taxes, insurance, and maintenance.

3. Home Type: Decide on the type of home you want, such as a single-family house, condo, townhouse, or duplex.

4. Size and Layout: Assess the number of bedrooms, bathrooms, and the overall layout to ensure it meets your family's needs.

5. Condition: Inspect the home's condition, including the foundation, roof, plumbing, electrical systems, and any signs of structural issues.

6. Amenities: Consider amenities like a backyard, garage, swimming pool, or a specific architectural style.

7. Safety: Research the safety of the neighborhood, check for crime rates, and examine the home's security features.

8. Schools: If you have children or plan to, research the quality of local schools.

9. Zoning: Check local zoning laws, building regulations, and homeowners' association rules.
10. Resale Value: Think about the home's potential for resale and future value appreciation.

"Resale Value" may be the most important factor today. This is because many buy a home as an investment​​. If your home is your biggest investment, ask today what it is worth and what it could be worth in the future.

Ready To Find Your Next Home or Investment?

Rock Realty is here to help, call today!

Founder/CEO, Rocky Sharma 604-825-7743

or

Partner Realtor, Matthias Alleckna 604-343-5222

TOP 1% REALTOR

at Century21

"Your Professionals"