Many people think about selling their homes – and then they put the idea on the back burner to simmer for a while. But what are the signs that you’re really ready to sell your home? This guide explains.
5 Signs it’s Time to Sell Your Home
Though there’s no one size fits all answer to whether you are ready to sell your home, there are a few signs that can indicate it’s worth looking into. Check out these five signs that it may be time to put your DC Ranch home on the market:
- The market is hot
- You’ve outgrown the space (or it’s too big for you)
- Your home doesn’t fit your lifestyle
- You’re too far from work or the people you care about
- You have a lot of equity you want to cash in on
Here’s a closer look at each.
Sign #1 it’s Time to Sell Your Home: The Market is Hot
In a “hot” market, homes are selling like hotcakes. If you’ve seen homes listed for sale and sold within just a few days in your community, there’s a good sign that it’s a hot market. If you price your home correctly and work with the right real estate agent, you could sell your home quickly and at an exceptional profit.
The best way to find out how much money you could make from the sale of your home is to talk to a real estate agent. Your agent can give you a free comparative market analysis; that analysis will tell you how much buyers are willing to pay for homes like yours that are on the market right now. You can also talk to your agent about how quickly homes are selling in your neighborhood.
Sign #2 it’s Time to Sell Your Home: You’ve Outgrown the Space (or it’s too Big for You)
If your home feels cramped, it may be time to move up to something bigger. Likewise, if your house feels empty and too big for you, it’s a sign you need to downsize. Either way, your house needs to fit your needs; if it doesn’t, rest assured there is a home that will.
Related: 5 downsizing tips from the pros
Sign #3 it’s Time to Sell Your Home: Your Home Doesn’t Fit Your Lifestyle
There are many ways your home should fit your lifestyle. For example, if you work from home, you should have ample space for a home office and all the things you need to do so. Likewise, if you are an avid swimmer but have no swimming pool, you spend a lot of time with family and friends that live too far away, or you’re an entertainer without the space to hold the gatherings you want, it’s a sign that you need a change in the housing department.
Sign #4 it’s Time to Sell Your Home: You’re Too Far From Work or the People You Care About
Nobody wants to spend half their lives in the car, so if you live too far from work or the people you care about (or anything else), it may be time for you to move. You should talk to a real estate agent about putting your home on the market and finding something that better meets your needs.
Sign #5 it’s Time to Sell Your Home: You Have a Lot of Equity You Want to Cash in On
If you’ve built a lot of equity in your home, you may want to cash in on it and use your profits for a down payment on another home, a dream vacation you’ve been thinking about for years, or to bolster your savings. Most mortgage loans typically last around 30 years, so if you’ve made a major dent in your principal, you could stand to make a pretty decent profit.
Are You Selling a Home in DC Ranch?
Thinking about selling your home in DC Ranch? Call us at 480-360-0281 to find out how we’ll market it to all the right buyers. If you’re also looking for a new home, we’d love show you any listing in the community. Let us know what you’re looking for and we’ll be happy to search for something that’s a perfect match for your needs.
While you’re here, check out our:
- Country Club Village homes for sale
- Desert Camp Village homes for sale
- Desert Parks Village homes for sale
- Silverleaf Village homes for sale