How to know when it’s time to sell your home

Selling your home can be a lot of work, and change is hard. But living in a home that doesn’t meet your needs can be stressful. If you’ve been thinking about selling your home, the time is probably right to do it. Talk to your favorite realtors (Cottonwood, of course!) and consider these points as you make the decision to stay or sell:

Your home doesn’t fit your life

Whether it’s an exciting new addition to the family (furry or human!) or the fact that you’ve simply run out of storage space, at some point your current home doesn’t suit your lifestyle anymore. If your family is expanding, you may be looking for extra bedrooms or more outdoor space for little ones to run and play. If you’re aging or your nest is emptying, maybe you’d like a smaller house so that you can reduce the endless workload of yard and home maintenance.

Your home should fit each stage of your life, but most houses aren’t that versatile. While it can be bittersweet to leave the home you’ve loved for many years, entering your next life phase with a home that suits it can be exciting, even freeing. When you start to envision yourself in a different type of home, you know it’s time to find it.

Remodeling won’t give you a return on investment

Home renovations can address a house’s problems – up to a point. But contrary to what home remodeling TV shows may tell you, renovating doesn’t always give you a compelling return on investment. Examine your current finances and decide whether adding that extra bedroom will actually improve your selling price down the road, or if you’d be better off using your cash for a down payment.

Renovating isn’t a good fit

Maybe you’ve dreamed of a pool, but only have a tiny backyard. Maybe you’d like a playroom, but can’t oversee a renovation project with three little kids underfoot. Or maybe you’re sick of the renovations and repairs and would like to live somewhere that is move-in ready. Whatever the reason, sometimes renovations are simply not a good option. If you can’t or don’t want to attempt a remodeling project to make your home suit your needs, it may be time to move.

You can afford moving

As the old adage goes, you have to spend money to make money. When you’re ready to sell, you’ll probably need to give your home a bit of a face lift (we’ve got some great tips for you on that here: 5 Cheap and Simple Ways to Get Your Home Ready to Sell). A fresh coat of paint, some yard maintenance – whatever it is, it will probably cost a little time and money. If you have the cash on hand, that small investment will eventually repay you with a higher selling price.

If you don’t know where to start on getting your current house ready to sell, call Monnie! She can give you ideas on how to make your home show better, and then help you find the right buyer when you’re ready to list. Call her today at 325.365.6404.

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