Why Spring is a Great Time for House Hunting

 

The Kickoff to House Hunting Season

There are advantages and disadvantages to every season when it comes to finding your forever home or the perfect-fit investment property. Winter features reduced competition, summer has the kids out of school and Autumn sees prices start to fall prior to the real estate market’s winter hibernation. Here are some of the reasons Spring has always been the official kick-off to house-hunting season.

 

  1. “The yard looks nice.”

Spring’s warmth reveals what winter snow conceals. It is impossible to fully appreciate the possibilities of a yard which sits under a thick, snowy blanket. It’s also hard to tell which trees are still alive and which have become just vertically stacked firewood. To truly appreciate the exterior features of a house, waiting until spring to view it is a smart idea.

  1. “The ad didn’t mention the lake.”

Spring rains test how water drains. Between the March snow melt and April showers, there is no better time to evaluate the drainage of a property and identify low-lying areas which may be a concern. Lack of good drainage can be a long term problem with available fixes costing major coin. This is the ideal time to know if the idea of buying a specific property will float.

  1. “Do you think prices will come down?”

In a word, no. For virtually every product, from hockey cards to haute cuisine, the more buyers in the market, the higher the price will be and houses are no different. Spring catches sellers between the Winter lull and the prime Summer season when bargains can still be had among the sluggish inventory while new listings beginning to hit the market provide more choices to view.

  1. “But does it leak?”

Spring is the best time to check for leaks to ensure basements, window casings and wells are impervious to seepage. This is when the ground holds the most moisture and the threat of basement flooding is most apparent.

“What are you waiting for?”

Now is the time to make the leap into home ownership, find your next house, or invest in revenue property. Luckily there are countless professionals along the way to help you from mortgage brokers to home inspectors and from realtors to residential property appraisers like the fully-licensed staff at Aura Appraisals Inc.

service area

  • Edmonton
  • Sherwood Park
  • St. Albert
  • Fort Saskatchewan
  • Spruce Grove
  • Stony Plain
  • Leduc
  • Beaumont
  • Devon
  • Calmar
  • Rural Properties within 50 miles of Edmonton

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