Maybe you really don’t like to leave your house because it has a lot of sentimental values. But you also know that you can no longer live on it for so many reasons. Whether you are in the middle of making a decision whether you still want to hold on to it or letting it go, check on the following indicators whether it is the best time for you to sell your house:
- The house no longer serves its purpose
Your family is growing and you need extra space for new rooms. Or you adopted cute pets that you also want to create extra space where they can play. In this case, when you feel that your house is becoming small for your lifestyle and your family’s activities, you can still do several options. You can create additional rooms or add another story, if you have the budget for it and if the local law will allow it. If not, maybe selling your house and looking for a new one is a better option.
- The house has too much space
This is a direct contrast to case number one. Before, you have your three kids all cramping in your house. Now, they’ve all grown and are living somewhere else. You had your divorce settled four years ago. The house is now almost empty and the silence is deafening. It also cages some bad memories that you just want to forget. The solution-why not sell it?
- It’s not the same neighborhood that you once knew
You fell in love with the neighborhood when you bought the property. It was peaceful and your neighbors are kind and friendly. Then, a shopping mall was built nearby and all of a sudden, your neighborhood becomes noisy and the crime rate increases. Your previous neighbors decided to leave because of this and their houses are now being rented by frat men who hold parties almost every night. Everything has changed so maybe you should too.
- You want to remodel the house, but you just can’t
You want to remodel the house to make it bigger and better. But the problem is remodeling it will not increase its value. If your house has the same size, style and condition of some of the priciest homes in the neighborhood, remodeling it can be a bad option.
- You’re ready to sell and buy again
The housing market is hot so you want to sell it because you know that you will earn, you can ask your real estate agent Napa Valley about the current market trend. . But you need to know that after selling your house, you might need to buy a new one again. If you have a standing fund to buy a new house, in addition to what you will earn from selling your house, then there is no problem in this case. Go ahead and sell your house and just buy another one.