Spring is typically the peak season for home sales but buying a home in fall also has its benefits. Here’s why you should consider buying a home in Chagrin Valley.
- There’s less competition
- Avoid making rushed decisions
- Gain more flexibility
- Find motivated sellers
- Get a more realistic view of homes
- Get an accurate picture of the neighborhood
One of the main advantages of buying a home in fall is that there are fewer buyers in the market compared to spring or summer. This means that there will be fewer offers to contend with during the bidding process. This also translates to more ease in viewing properties and less crowded open houses.
However, you should still come prepared. It’s common for the most desirable Chagrin Falls homes for sale to receive multiple offers. Bidding may not be as intense as peak season but you’ll still need to make a strong offer. A Chagrin Valley top Realtor will help you come up with the best strategy for bidding and making an offer.
Increased competition and bidding wars during peak season will force you to take quick action and rush the home buying process. While this isn’t necessarily a bad thing, buying in the fall lets you look for a home with more ease. With fewer buyers in the fall, competition will be less intense. The slower pace of the market will give you more time to compare properties, evaluate home prices, and act more deliberately.
With less competition in the market, you may have more room to negotiate with the seller. Whether you need to close the deal earlier or later, you’ll have more time and leverage in discussing the move-in date and other details of the transaction.
Sellers who missed out on a sale in spring or summer will be motivated to close a deal in time for the holiday season. In most cases, sellers will want to make some cash and move house in time for upcoming gatherings and celebrations so that they can plan accordingly. You can use this to your advantage when buying a home.
Spring and summer can make a home appear more desirable than it really is. Once the blooms and greenery fade, you’ll get a more realistic view of the property since there won’t be anything to cover up its flaws. Fall in Chagrin Valley tends to be warm and cloudy. The weather will be comfortable enough to head out and view properties. And while autumn foliage can look fantastic, the weather can potentially make any exterior flaws more apparent to the naked eye.
With students heading back to school in August, viewing properties in the fall will give you a more accurate picture of human activity and foot traffic in the neighborhood. This lets you gauge your comfort level with the noise level and the size of the crowd in the area. This wouldn’t be possible during the summer, when most homeowners are usually away on trips or their children are in camp.
Find the best Realtor in Chagrin Valley
Find the perfect home no matter the season. You can reach me, Michelle McQuade at 440.823.2448 or michellemcquade(at)howardhanna(dotted)com. I help buyers make offers and close deals in Chagrin Falls, Gate Mills, Bentleyville, and the surrounding areas.