18 Feb How Do You Know if it’s Time to Sell Your Home?
As a Realtor, I get asked one question all the time – “Is this a good time for me to sell my home?” There is no easy yes or no answer. However, there are a few different questions you can ask yourself to help you make the right decision.
Will the current market work in my favour?
There is no doubt that there is a lot going on right now, both in Calgary’s real estate market and in the economy as a whole. While real estate inventory is on the rise, and buyers are demonstrating a little bit of extra caution in the wake of the falling oil prices, our market is still highly active. A smart pricing strategy and well-maintained home will produce a quick sale, especially now that we are approaching the spring market.
Is my home ready for the market?
If you are going to go through the process of selling your home, you would want to make a great impression on prospective buyers. Unfinished jobs should be wrapped up, and the house should be in a good state of repair. Buyers want to see that you took pride in your place and stayed on top of everything that needed to be done. Don’t rush to list your property until you’ve taken care of your to-do list.
What is the main reason I am selling?
Making a move is usually just one component of a larger life goal or decision. Sometimes, the home you are in may hold you back from accomplishing what you really want in life. Your home should complement your lifestyle, not get in the way. We all have aspirations in different areas of our life – career, health, etc. If selling your place could help bring you closer to your personal or financial objectives, then making a move should direct you towards the right path for bigger and better things.