A typical American homeowner lives in a house for
13.2 years before they sell it. Is this too long or too short? Well, there’s no set answer. It depends on the reason for selling, but there comes a time when you should consider moving.
If you have been considering selling your home, this guide will let you know if it’s time or not. We’ll go over telltale signs that could prompt sellers to get their house listed and hire a
realtor in Rockwall to get started.
You’ve Outgrown Your Home
When you start to outgrow your house, it no longer fits your needs. If you bought your home as a young adult, you might have a family now. You would now require a home that fits your family’s needs.
Outgrowing things in life is natural. However, this doesn’t mean you have to sell your home immediately. First, you need a plan and proper guidance from a real estate agent in Rockwall. Before selling your home and buying a new one, make sure you’re financially ready.
Local Housing Market is Right
It’s usually a seller’s market, and if you study the
housing market, you’ll see it’s a good time to sell your home. Proper research can help you determine the demand for your property. You can determine your house’s estimated value and gather more information before making this decision. Reach out to a
residential realtor in Rockwall to know if you should sell your home right now.
Your Home’s Maintenance and Upkeep Is Too Much
If the repairs on your to-do list never seem to end, and you constantly find unexpected issues, it could be time to sell your house.
An average homeowner in the US spends $3018 every year on home maintenance and upkeep. Add these costs to mortgage payments and property tax. These costs are high, and it’s better to find a new home within your budget.
Home Remodel Won’t Boost the Resale Value
If you want to remodel or renovate your home to increase its resale value, first make sure it will add any value to the property. If it won’t, you are investing for barely any returns in the long run.
Carefully evaluate your renovation goals, and if you’re not getting profit in the future, you can talk to your
real estate agent in Rockwall. They’ll guide you about the smaller renovations you can do and sell your home at a good price.
Professional Realtors in Rockwall
You can hire Naylor KW’s
real estate agent in Rockwall to figure out if you should be selling your home. Our residential realtor will offer you free consultation and guidance so you can get started with the selling process. We also have access to exclusive listings to get you the best prices.