Are you and your family considering a move but haven’t decided when is the best time? Moving in the winter, though cold and sometimes snowy, might prove to be the least expensive and most efficient season to do so! Below, we discuss the five greatest advantages that come with moving during this time of the year.
1. Slower Buyer’s Market
The pendulum swings both ways with realty in the winter. Fewer people are looking to purchase a home and more sellers whose homes have been on the market for longer than desired are ready to move out. There are a few ways in which this circumstance is for your benefit.
Lower Likelihood of Getting into a Bidding War
With a smaller market for sellers to cater to, your chances of putting an offer on a home against another bid are lower than the warmer seasons. The winter takes place during the school season, making it a great contributing factor to families who decide to postpone their house hunting until school is out for summer. Especially if the new home is in a different school district, families don’t want the hassle of registering their children mid-year.
Sellers are More Negotiable
For first-time or seasoned homeowners, there are many advantages to negotiating your home purchase. If you play your cards right, you may be able to ask the homeowner to split the closing costs, leave the appliances, or repaint the master bedroom from a tomato red or lime green to a neutral color! It’s always free to ask, but don’t be extravagant in your requests otherwise the seller may back away from your offer.
Flexible Closing Dates
If you prefer to close on the house before the neighborhood synchronizes their exterior Christmas decorations, moving during the winter may give you some leeway in asking for specific closing time frames. Especially if you are in transition from renting to purchasing, the seller may offer some flexibility in the closing date so that you are moved and settled in by the time your apartment’s lease ends.
Quicker Loan Processing
Banks have less paperwork to process when fewer loans applications are submitted. This could save you and your family valuable time while waiting for the checks and credit histories to clear.
2. You’ll Have A More Revealing Home Inspection
Winter weather can expose many underlying issues on a home property. Whether purchasing a home built in 2015 or 1975, you’ll want to make sure your home inspection uncovers anything wrong with the infrastructure. During a home inspection, be sure to check for the following:
- Air Leaks
- Infrastructure Not Built According to Code
- Heating System Insufficiencies
- Clogged or Unsafe Chimneys
- Roof Leaks and Ice Dams
- Clogged Gutters
- Burst Pipes or In-Ground Automatic Sprinklers
- Tree Branches Too Close to the House
Finding any issues with the house before your closing date could save you hundreds or potentially thousands of dollars depending on the severity of the issue. Additionally, even if you walk away from the home in search of another, at least the homeowner has been made aware of the issue and can repair it for the next homeowner.
3. Timely Tax Returns
Who doesn’t love getting a tax break? One of the most financially beneficial elements to moving at the end of the year is that you don’t have as long of a wait to receive your tax returns. Purchasing a home seems unbearably expensive when you add closing costs, moving expenses, and repairs for anything that conveniently breaks down the second week of owning the home. With receiving a tax credit just a few months after moving as opposed to waiting an entire year could make the difference of investing in your home with extra money or building debt by covering out-of-pocket expenses.
4. Your Items in Transit Might Be Safer
We know that with moving in the winter comes the possibility of icy roads or snowstorms. There are many logistic and easy-to-follow tips available on how to safely move during the winter season. Aside from the concern of road safety, moving during the winter can be beneficial for your items in transit.
Your Movers Will Have More Energy
The summer is proven to be one of the busiest times in the year for moving companies. With a slower rate of incoming move requests, the hired movers will not have to balance multiple jobs in a day. Combining that with the lessened amount of sunlight, movers may only be able to book one or two moves a day. With that in mind, the laborers will not be as worn down from previous heavy-lifting jobs and can service you with more care and energy.
Fewer Items Will Spoil or Melt
Your summer moving day could easily go awry if you forgot to put the box with perishable foods in your car and mistakenly placed it in the moving truck. During the winter, the likelihood of food spoiling or plastic items melting due to the outdoor elements is incredibly slim. For those who don’t want to go through the hassle of transporting your food through multiple trips, this is a great bonus to moving in the winter.
5. Movers Have a Better Availability
Similar to the reduced competition to buy homes, moving during the winter results in a wider availability for your movers, especially if you plan to move during the middle of the month. This could be beneficial for those who cannot take any additional time off work and need to move over the weekend.
Finding the Perfect Moving Company in Your Area
If you are looking to move to or from the Chicagoland area, we are ready to help! At Alliance Moving and Storage, we are dedicated to taking care of all your moving priorities. We can help pack, move, store, or assemble your items so that you can focus on settling into your community, helping your friend’s or family’s transition to a new home, and attend to the rest of your agenda. Contact us today to receive a free quote for our services.