Is Now The Right Time To Move?
Are you thinking about moving home? If so, then you need to consider whether now is the right time for this type of change. It’s an exciting prospect but it may not be a smart move for you financially or personally. So, let’s explore the factors that should be included in your decision.
Your Home Value
First, you should think about the value of your home. It’s important to sell when your home is worth a lot of money. To find out how much your home is worth, you’ll need to arrange a home valuation. An estate agent can provide this service and may even offer it for free or included in their marketing solution. People often assume that the value of a home is only dependent on the usable area. This is not the case. In reality, the value of a home can depend on anything from how tidy it is to whether it looks modern and contemporary. That’s why it can be worth making some changes before you move.
The State Of The Market
The housing market can fluctuate a great deal, one day house prices could be through the roof and another they could have dropped significantly. As someone who is wishing to sell their home, you should keep a close eye on what the housing market is doing each day, week, or month. You want to make sure that you are getting the best price for your home, so checking this will ensure you do that.
Your Personal Situation
You should also think about your personal situation before you move home. For instance, you need to consider whether your career is stable enough for a change like this. Particularly, if you are planning on moving to a larger property. You might also want to think about how a move could impact your kids. Younger kids are more likely to bounce back from a home move. Older children will find it more difficult.
If the time isn’t right then you can always stay in your current property for the time being. If the reason you were wanting to move was down to outgrowing your home then how about looking into remodeling or extensions. These two can do wonders for your property, they can even add to the value when the time comes for you to sell. There will always be ways around changing your home to suit your wants and needs. The kitchen or bathroom for instance might not be what you are looking for. If this is the case, then you can contact someone to help you with a home remodeling project. This could include ripping out the kitchen or bathroom and starting again from fresh.
We hope this helps you understand some of the key points that you do need to think about when you are deciding whether now is the right time to move. In doing so, you can ensure that you don’t lose money on your next move, or worse, put yourself in an unstable financial situation.