Benefits & Tips for Selling in the Spring

As the snow melts and the days get longer, many homeowners in the Midwest begin to think about selling their homes. While it's possible to sell a home at any time of year, there are many benefits to selling in the spring, especially in states like Minnesota and Western Wisconsin.  Historical data from the National Association of Realtors shows that home sales in the Midwest, including Minnesota, typically increase by 9.9% in the spring. Let's explore the benefits of selling your home in the spring and offer tips for preparing your home for sale.

Benefits of Selling in the Spring

1. Increased Buyer Demand

Spring is traditionally a busy season for home sales, as buyers come out of hibernation and start searching for homes. According to data from the National Association of Realtors, home sales in the Midwest typically increase by 9.9% in the spring compared to the previous quarter. This increased demand means that there are more buyers in the market, which can lead to multiple offers and higher sale prices for your home.

2. Better Weather

In the Midwest, winter can be a long and brutal season. Snow and ice can make it difficult for buyers to get around and view homes, and the cold temperatures can make it challenging to showcase your home's outdoor features.

Spring, on the other hand, brings milder weather and longer days. This makes it easier to showcase your home's curb appeal, such as a well-manicured lawn or a freshly painted front door.

3. Curb Appeal

Speaking of curb appeal, spring is an ideal time to spruce up your home's exterior. After a long winter, your lawn may need some attention, and your landscaping may need some pruning.

Take some time to clean up the outside of your home, including power washing the exterior and windows, clearing gutters, and cleaning up any debris or clutter. Adding colorful plants and flowers to your landscaping can also help your home stand out to potential buyers.

4. School Year Timing

Many families with school-aged children prefer to move during the summer months, so they can avoid disrupting their children's education. By listing your home in the spring, you can attract buyers who are looking to move before the next school year begins.

Tips for Selling Your Home in the Spring

1. Get a Jump Start on Preparing Your Home

If you're planning to sell your home in the spring, it's important to start preparing your home early. This includes decluttering and depersonalizing your home, completing any necessary repairs or upgrades, and staging your home to showcase its best features.

Starting early will give you plenty of time to make any needed repairs or upgrades, and to stage your home to appeal to potential buyers.

2. Hire a Real Estate Agent

Working with a real estate agent can help make the home-selling process easier and less stressful. A good agent can help you price your home appropriately, market your home to potential buyers, and negotiate with buyers on your behalf. When choosing an agent, look for someone with experience selling homes in your area and who has a proven track record of success.

3. Price Your Home Competitively

Pricing your home correctly is key to attracting buyers and selling your home quickly. A real estate agent can help you price your home appropriately based on local market conditions and comparable homes in your area.

Keep in mind that overpricing your home can lead to it sitting on the market for longer while underpricing it can leave money on the table.

4. Make Your Home Stand Out

In a competitive market, it's important to make your home stand out to potential buyers. This can include staging your home with tasteful furniture and decor, highlighting your home's best features, and showcasing its curb appeal. You may also want to consider offering incentives to potential buyers, such as a home warranty or assistance with closing costs.

Spring is a great time to sell your home in Minnesota and Western Wisconsin. Increased buyer demand and better weather conditions, it creates a flurry of interest in the housing market. In addition, families with school-aged children often prefer to move during the summer months, which means listing your home in the spring can attract buyers looking to move before the next school year begins. Not only does spring bring out more buyers, but it also tends to bring out more sellers as well. This creates a more balanced market that can lead to multiple offers and higher sale prices for your home. With the right real estate agent pricing your home correctly, it's an excellent opportunity to sell your home and potentially make a significant profit. Selling your home in the spring also allows you to showcase your home's curb appeal and make necessary repairs and upgrades before listing. By taking the time to prepare your home and work with an experienced real estate agent, you can maximize your chances of a successful sale.

Contact Truen Group by Laurie Dick