Royal LePage Kelowna Real Estate Report for October 2022
Some sellers who have listed their house all summer may be weary and more ready to negotiate. Additionally, fall tends to attract serious sellers who need to sell for personal reasons such as new job or change in life circumstances. Timing and expediency can make them highly motivated to find a buyer.
Summer landscaping covers a lot of flaws. All those leafy trees and gorgeous flowers tend to mask issues that become more evident when autumn progresses and you can see the yard, walkways, siding, etc. more clearly. It is also a good time to gauge how much work it will take annually for summer clean-up, clearing out the fallen leaves and debris, and winterizing.
As summer vacations end and families return to school schedules, you can get a much clearer picture of what the neighbourhood is usually like. Traffic will settle into a more normal pattern and parks and schools will repopulate with locals, giving a more accurate feel of the community you are considering.
As year-end approaches, so do holiday sales and annual quotas. This can make it a great time to find reduced prices on everything you need to settle in: from furniture to landscaping décor, tools and more. You may even be able to strike a better deal with your bank, mortgage brokers and various trades as holiday bills and sales targets loom.
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