6 Signs That It’s Time to Sell Your Raleigh Home

Winn Properties Video Real Estate Blog With Bo Winn

How do you know when it is time to sell your home? Here are six surefire signs that now is the time to make your move:
1. You feel cramped but you can’t add on. Your family might not be growing anymore, but that doesn’t mean your lifestyle fits in your current home.
2. You have too much space. Are you overwhelmed by vacant rooms and silence? Saying goodbye to a family home can be difficult, but consider whether or not it is feasible for you to stay. If yardwork or house upkeep is becoming too much to handle or utility bills are cramping your style, it might make more sense for you to move.
3. You’re over the neighborhood. Maybe you can no longer deal with the rigid HOA rules, or your neighbors turned their house into a rental for frat guys. Maybe the 40 minute commute to work wasn’t a big deal the first few years, but now it is. Neighborhood dynamics can change dramatically over time, and your life might change, too.
4. Remodeling won’t offer a return on your investment. Before making significant improvements to your home, you need to study your neighborhood. What are the highest price points in your neighborhood? If your home is already similar in style and condition to the pricier homes in the neighborhood, remodeling might be a bad idea. Consider selling instead.
5. You can afford to sell. You’ve got to spend money to make money, so seller, beware: you’re not going to be sitting around waiting for the cash to roll in from your home sale. You will have to invest some money in order to net more money from your home sale.
6. You are ready to compete. Most of us are living in a seller’s market these days. If that’s the case, you may be enticed to offload your home before the market cools off. However, don’t forget that once you sell your home, you will become a buyer in a seller’s market.

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If your neighborhood dynamics have dramatically changed, it may be time to move.

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If you still aren’t sure whether now is the time to sell your home, just give me a call or send me an email. I would be happy to sit down with you and discuss everything. In the meantime, if you have any other questions, please don’t hesitate to reach out to me. I would be happy to help you!