by Dave Koszegi
on Wednesday, November 2nd, 2016 at 2:41pm.
Fall is often overlooked as an ideal time of year to purchase a recreational property, but more and more savvy investors are catching on to the notion that the autumn months provide many advantages to buyers of all types of properties.
The chances of finding your dream summer property are in your favour during the harvest season – and here’s why:
Less Competition: the market won’t be cluttered with many other buyers, as most people will wait until the spring to look for their summer recreational property.
Take Your Pick: many sellers will decide to squeeze one last season out of their recreational property, putting it up on the market during the fall months.
Motivated Sellers: sellers who put up the For Sale sign in the fall don’t want to carry the listing and/or any Winter expenses through the holiday season if they don’t have to! You can almost guarantee they will be motivated and will try to meet the buyer halfway on any issues of contention if it means closing the deal.
The Sproat Lake Advantage: living on Vancouver Island, we’re lucky to have mild weather all year. If you purchase a summer recreational property in the fall, it doesn’t mean you can’t spend time there in the winter too! Many residents use their Sproat Lake recreational properties as their full-time homes!
If you’re on the fence about purchasing a recreational property on Sproat Lake, we can always connect you with a community member who own property nearby. Our Sproat Lake neighbours are incredibly welcoming, and many would be happy to give you a good sense of the lifestyle on the lake.
It goes without saying that it is helpful to hire a real estate team who specializes in the area you’re looking in. Not only will they know how recent sales in the area, but also they’ll know specifics about the water levels, land composition, nearby amenities, and much more. We are proud to say that we have played matchmaker for TONS of Sproat Lake recreational properties and families. Browse our Sproat Lake listings at sproatlakehomes.com.