HOMEBUYING IN SPRING

March 20, 2022

Winter’s almost over and spring is peeking around the corner. While it’s been said that the home prices are highest during the summer and mostly lowest in the winter, homebuyers find it is not the same story in last winter and this spring.

Buying a home in winter has its difficulties with travelling to open houses on icy roads, potholes or through the snowy weather. The shorter winter days can also make it difficult for homebuyers to appreciate the beauty of a prospective property under dark skies. Homebuyers can’t wait to get more sun and go to all those open houses in full swing. 

Thus, with tight inventory on the market, this spring is definitely the hottest time of the year to buy a home. Demand is at its peak when families are out and about looking for another property to move to. However, it also means that home prices and interest rates will get higher, but aren’t just at their peak yet, so you may still be able to get a great deal on a stale listing.

Spring Housing Market Begins

The Spring housing market begins at the same time as the weather starts to warm up.  In Saskatoon, it should start any day now, so you’ll expect listings to pop up ready for spring open houses. 

Homebuying Tips

When buying a home at a certain season of the year, it’s best to do everything you can to get the best deal and a smooth transition to your new home. Here are some tips to help you buy a home in the spring: 

Do Your Research

A homebuyer should be quick to decide when putting up an offer on a good home so it doesn’t get snagged by somebody else. Making sure you’re aware of some valuable information so you can prepare yourself is the best way to go: 

– Research the value of other homes in the area. 

– Find out what the neighbourhood has to offer.

– Find out crime rates and reports according to the local police. 

– Research on schools and reviews. 

– Discover local attractions and the downtown area through the internet. 

Use a Real Estate Professional

An expert’s perspective is always a good idea when entering the buyer’s market. Real estate agents can offer some in-depth knowledge about an area and even close you on a deal based on negotiations. It’s also your best advantage when you’re caught in a bidding war when you have a real estate professional helping you buy your home.

Know the Locals

There’s no better way to learn about a neighbourhood than learning it from the locals. Get into social media community groups and get a glimpse of conversations, news or issues that happen in the area to get a better feel before moving in. It’s always the locals that can offer you a better insight into your new community – the good, the bad and the ugly. 

Spring would be the best time to come out and see BelleMaison’s future-ready home designs. Learn how to get a stress-free, budget-friendly move by availing BelleMaison’s complimentary moving service for its early-bird homebuyers. Call us to book an appointment and start moving to your new home this spring — free of charge!