Written by: Holly Stringer     Edited by: Mark Amador and Jessica Shin   

Deciding when the time is right to sell your home is not always easy or straightforward. It may be something you have been contemplating for some time but are not sure if it is the right decision. If this is you, keep reading to learn 5 telltale signs that it is time for you to sell your home.

 

When you moved in, your home was a perfect fit for you and your family. That doesn’t mean it will always remain that way. Perhaps your family is growing and you find that everybody is competing for space. Or maybe the kids have moved out and you find yourself with way too much space now. Take some time to consider whether your home is still a good fit for you and your family. If not, it may be time to think about selling.

 

If you start noticing a lot of for sale signs going up in your neighbourhood or you commonly get a mailbox full of real estate flyers, it may be an indication that your community is thriving. It is also not a bad idea to keep an eye on recent sales in your neighbourhood to see if prices tend to be going up. If your home is sitting in the middle of a hot zone, it may be a great time to consider introducing it to the market.

 

Everybody always has upgrades and renovations they would like to complete on their home at some point.  If you have been in your home for a long time and have not done many upgrades, the list of work that needs to be done may seem overwhelming. If the thought of renovating your home now gives you nightmares, it may be a better idea to purchase a newer or already renovated home instead. Purchasing a new home rather than investing in renovations may be a more viable and stress-free option for you and your family.

 

Sometimes it is just a feeling that we need something new in our life and surroundings that can prompt us to consider selling our home. Perhaps it’s a desire to live in a new community. Maybe it is an urge to have a different home to decorate. Whatever the reason, moving to a nice new home or an exciting new neighbourhood may be the answer you seek.

 

Money matters! Changes in your financial situation can have a huge effect on your living situation. If you are struggling to make mortgage payments you may want to consider selling and moving into a home that has payments that are more manageable to alleviate some financial stress. Alternately, if your financial situation has improved you may want to think about upgrading to a home or neighbourhood that better fits your needs. For tips on how to choose a great neighbourhood, see our article, 6 Tips to Selecting the Perfect Neighbourhood.

 

Whether it’s because the market is thriving or because you feel the need for change, selling may be a great option for you. Determining ahead of time what it is you and your family need, be it in the home or in the neighbourhood, will aid you in finding a home that is a perfect fit. Emotional attachment can sometimes lead people to remain in a home far longer than they should. Being able to logically consider whether the home is still meeting your family's needs, whether the market is telling you it’s time to sell, or whether it is simply time for a change will help you discover if selling is a good option for you and your family.

 

 

Phone number: 416-992-7972

Email: info@teamamador.ca

Website: www.teamamador.ca