Given Canada’s often-lengthy winters, there’s a good chance you might find yourself either buying a home, selling a home, viewing a home, closing a sale—or all of the above—during the winter. And, if you believe the advice of some, the winter is a terrible time to sell your home in Canada. Not all of that advice, however, is completely true. These are the myths you shouldn’t believe.
There are no buyers in the winter. Many real estate professionals (and non-professionals) will tell you that buyers are hibernating during the winter and there will be less competition for your home. And while this can be true, the summer is a popular time for families to spend time on vacation, so there can be times when it’s difficult to find buyers no matter what the season.
No one will brave the snow for an open house. It’s true that snow makes getting around a bit of a challenge, but there can also be a certain charm to viewing homes in the winter. From trees gently dusted with powder to fireplaces and fur throws elegantly staged, there are still lots of opportunities for your home to shine in the colder months.
You’re more likely to get a bidding war in the spring. Many people think that less buyers means less competition. However, with less homes on the market during the colder months, this also may mean less options for buyers! The takeaway: If your home is appropriately priced for the market, staged well and represented properly, it likely won’t have trouble selling, no matter what the weather.