Not only is selling a home during the holidays the best option but there are additional perks too! Perks like end-of-the-year tax breaks, more serious buyers, and more reasons are all viable reasons to sell.
End-of-the-year tax breaks
When a buyer purchases a home before December 31st, they could reduce their property tax bill since they’ll gain the tax benefits of homeownership for that year. These tax breaks mean homebuyers can save on property taxes, mortgage interest, and interest costs on a loan. This can be a huge money-saving hack that can influence buyers.
More serious buyers
The holidays are a special time usually meant for family and friends, so if someone is going out of their way to buy a home during the holidays, they’re not messing around! Buying a home takes a lot of time, money, and effort, and that’s in a small quantity during the holidays. This only goes to show how serious buyers are on making a purchase this holiday season.
Better curb appeal
Winter is a magical time for homebuyers as they see all the potential homes covered in festive lights and decorations throughout what could be their new neighborhood. If your neighborhood goes all out for Christmas, then you’re in luck! All the holiday decorations show how lively and cheerful the neighborhood is. It could even be a deciding factor for hesitating homebuyers.
People relocate during the holidays
The end of one year and the start of another is a good time for many people to move. We know people have been relocating like crazy since the beginning of the pandemic as people work from home. This transitional season can work in your favor if people are moving for a new job, and we know a lot of companies and people are moving to Austin!
If you’re ready to buy or sell this holiday season, contact Prism Realty today! We’re here to offer our expertise and help you achieve your real estate goals.