When Is The Best Time To Sell Your Investment Property?
January and February are the busiest months for investment properties. If you’re looking for the best time to sell a house that’s not and investment property you can check out our post on that as well. But if investment properties are your interest then keep reading.
These are the most popular months for parents to purchase a house for their children who are going to the University of Guelph. They like to purchase them in January and February which gives them time to lease out the units before May 1st. This is when most student rental leases begin. This is a popular time for other investors as well for the same reason. We tend to get lots of bidding wars on investment properties during these two months.
Currently, we are experiencing an increasing number of investors looking to purchase in Guelph and this is expected to increase further after the holidays. The huge amount of appreciation the Guelph real estate market experienced in 2016, mixed with the increased demand for rental properties in Guelph, and the extremely low inventory on the market, creates the perfect storm for someone who is looking to cash out and make a good profit on their investment. If you are planning on selling, we would recommend doing it during January or early February, while inventory is still low, to get the best possible price.
Please contact our team if you would like to know what your investment property is worth in today’s market or would like to talk about the best time to sell your investment property in further detail. 519-826-7109
