Selling your home is a big decision that requires the careful consideration of many factors, both quality of life and finances. To help you get a clear picture, here are a few indicators that now might finally be the time to put your home on the market finally. The family has grown, and you are out of bedrooms. You need more space because every nook and cranny bursts at the seams. The kids have outgrown sharing bedrooms. Your home office cannot take another file cabinet. Maybe your senior family members need to move in with you. These are the life events that truly require a larger home.
Your neighborhood real estate market is cooling- Are you in the middle of a changing housing market? Contact your local real estate appraiser and check out comparable sales. If homes in your neighborhood are selling fast and you’ve been on the fence about selling for a while. Now might be the time to take the leap and cash in on the opportunity.
Too many repairs to do on your present home. If your grass is knee-high, the a/c units are not working, and the deck is rotting, this may be a sign that you’re ready to move on to a maintenance-free way of life. Realize that the more you let things go around the house, the more money you’ll have to invest to get it ready for the market. So, honestly, evaluate if it’s time for a home that offers a simpler, less work-intensive option.
Your life has changed. An important life change can surpass all other reasons to sell your home. Growing or shrinking families, a new job with a new, long commute, retirement, divorce, etc., are all causes to seriously consider moving to a home that makes more sense for life as you now know it. Ultimately, a happy home is one that’s in sync with your current phase of life.
Of course, these are just a few signs that it might be time to sell your home. Reach out to a real estate appraiser for more information that may help you decide if it’s worth repairing all of the things that need to be repaired to maximize your profit or move on to the next home.
Joseph Mier & Associates work with homeowners daily to help them make the most of their real estate purchases or price that home at a price that maximizes their profit by providing them with comprehensive, detailed appraisal reports. Call us today to set up your home consultation and appraisal.