SELL NOW OR WAIT UNTIL SPRING?  

What to do with a run-down house

Hey there homeowner:

Are you staring at that run-down property and feeling some overwhelm about the idea of selling it?  On top of that, are you wondering if you should sell now or wait until spring?  Many people worry about the time, energy and money it might take to make the home sellable.  What are the right choices for your situation?

Let’s break it down.  Selling a home now can actually be a lucrative decision.  With a low inventory of homes on the market, it might not matter that fewer sellers are trudging through the snow and cold temperatures.  There are buyers out there right now who are looking for fixer-uppers.  And think of all that shoveling that you would NOT have to do if the property sold fast!

But on the flip side, waiting until spring can also work in your favour.  Yes, there will be more competition with more people selling their homes; it can be hard to stand out when there are so many more homes for sale.  However, there will also be more buyers coming out of hibernation.  And IF interest rates start to come down, maybe there will be more demand?  No one has a crystal ball to tell sellers what to expect with any certainty these days.  And no one knows what each home inspector might find in some of these older homes.

So, what’s the best move for you?  It depends on what’s most important for your property and your situation.  Selling an empty rental property?  Now could be better than trying to re-rent, or than trying to sell with tenants in the home.  Selling to free up some cash?  Well, how fast do you or some creditors need it?  Selling an inherited home after probate?  How much more of the estate’s money do you want to spend to heat and care for a vacant and old-fashioned house?

We want to be clear:  there is no perfect time or season.  There are always buyers out there.  It really does depend on your priorities.  Will you spend or save money, time, energy or all 3. 

Ultimately, the decision is yours to make.  It’s also your decision to sell with a real estate agent, or simply sell to a professional home buyer.  Private home buyers are looking at properties in Calgary-and-area at all times of the year.  We have the resources to work with homes that are tough to insure, homes that are very run-down, and even homes that are under renovation/construction.  We can make a sale happen when most buyers and bankers just want to run away.  To learn more about our process, visit https://westerncanadianhomebuyers.ca/; discover how you can sell that property just as it is.

New opportunities and a fresh start are on the other side of selling that problem property.  Trust your instincts, do your research, and ask as many questions as you want!  I wish you all the best as you weigh your options and make this important decision.  Moving on is going to feel great!