Buying a building plot? Only in winter!

Few people are interested in buying land in winter – this is a big mistake. If you intend to buy a building plot, there is no better time than this. There are several reasons: lower prices, more room for negotiation and, what is more, if you like the plot in winter, you will like it even more in summer!

The season for buying plots begins in March. Until then, you have time to look around for your dream area and for listings there. In winter, however, it is not worth buying land blind. Before buying, you should look into the listings and the areas where plots are for sale as early as the summer or autumn. This will give you an idea of prices and let you analyse the advantages of a particular location. Both in summer and in winter the shortcomings of a given area are visible – it is better to get to know them in advance and at least provisionally choose the areas that suit you best.

In winter building plots get cheaper

In winter, plots can be as much as 20% cheaper than in the summer months. Apart from the time of year, prices also depend on other parameters, such as: location, area, utilities and designated use, e.g. a building plot or agricultural land. However, winter gives buyers additional room for negotiation. Because of the lower demand, sellers who want to sell a plot as quickly as possible are willing to cut the price further. So the purchase is doubly beneficial for the potential buyer – not only are the purchase costs lower, but there is also an additional price reduction.

Winter reveals the imperfections of a building plot

Winter also has additional advantages resulting from snow cover and thaws. First of all, when there is heavy snowfall, you find out what access is like – whether the roads are cleared of snow and whether they are passable at all. Moreover, as for the plot itself, you can clearly see where the ground is very wet and where flooding occurs. After a thaw, deep pools of water may form in certain places – if the drainage is poorly designed, the water will not run off. When a plot turns into waterlogged ground in winter, investing in it must be a carefully considered decision.

READ ALSO – CONVERTING AGRICULTURAL LAND INTO A BUILDING PLOT

Want to buy a building plot more cheaply? You have until March!

It is worth hurrying, because plot prices will go up from the beginning of March. That month the season begins, and it will last until October. In the buying season prices rise by 3% to as much as 20% compared with current asking prices. So the sooner, the better.

If you are determined to buy a building plot and need help, contact the REMAX Gold estate agency in Katowice. Our experts will present you with a tailored selection of listings and advise you on which elements to pay particular attention to.