When is the Right Time to Sell Your Home?
When to sell your home is definitely a difficult decision for most, but may be an easier decision than you think. If the thought of selling has crossed your mind, check out some of the below reasons why now may or may not be a good time.
Family
Have the kids moved out of the house and you're looking to downsize, or are you currently in a one-bedroom and needing more for your growing family? Whatever the case may be, if your current home doesn't suit your family needs or future needs, it's time to start thinking elsewhere.
Lifestyle
Considering retirement or having to relocate for a job helps to sway your selling decision one way or another. In a retirement situation, think about whether you're wanting to be close or far from family. Is your current home able to suit your physical needs down the line, or at least have the potential to be renovated to meet those needs? In a job relocation situation, think of the potential commute you currently have vs. what you could have if you sold your home to be closer.
Income
Finances are a huge consideration before deciding to sell. If you are making less money now than when you purchased the home, it may be time to consider something smaller and within a more reasonable price range. On the opposite spectrum, if your income has significantly increased and you can now afford to live in a different neighborhood or a more expensive property, it may be time to sell!
There's no special equation that helps you decide to sell your home, as you have to do what's right for you. But know that CMK & Associates is always here to help you with the selling of your home or to answer any questions you may have to further advise you.
Home in the photo is listed through CMK & Associates here: http://www.cmkandassociates.com/property/16-CURTAIN-AV_Mayfield_NY_12117_MLS-201610934