After being quarantined for a few months, homeowners have realized it is time to either have more space, downsize or change environments from their current home. All in all, many of us realized it is time for a new home. However, some Texans are still on the fence on whether it’s time to sell their home or keep waiting. Therefore, we wanted to break down 5 signs it’s time to sell your home.
1. It’s a seller’s market
Considering the traffic in comparative market analysis, the moving businesses, and overall growth, Dallas has become a very competitive city to be a homebuyer in. Therefore, home sellers have a great advantage considering local market conditions and overall market value. To put it all in perspective, the value of your home has likely increased by almost 20% according to the National Association of Realtors. Experts predict it to only increase over the next few years, considering the growth in not only Dallas but its surrounding cities as well. So if you have had your mind to switch up your space, this is prime time to list your home on the real estate market and benefit from a great ROI.
2. You need to for a bigger home or a downsize
After a year of spending more time at home than we ever wanted, some of us might have noticed the space we have simply isn’t working for us anymore. Maybe some kids moved out, and you are left with excess space. Perhaps, you started a business and need a designated office space in your home. Either way, as the seasons in our life change, so does our need for space. If you find yourself wishing you had more or less space, it might be time to sell your home.
3. You need a change of location
There is no denying the job market took a hit in 2020 due to the pandemic. Therefore, a handful of the population has likely gained a new job or relocated for one. If you find yourself commuting farther than you would like, waking up earlier than imagined or being stuck in traffic longer than intended it might be a good thought to make a move to your next home. Sometimes, all we need is a change of environment. As cities continue to grow in Dallas, some homeowners are moving out into a slower change of pace. On the other hand, some suburban cities are growing to become the best of both worlds, with quiet neighborhoods yet fun entertainment options. Whether you are looking to buy or sell, our team of experts is here to help you find real estate success. The great difference about The Sharma Group is that we are here to put you first. You don’t have to be alone during your home buying or selling journey. So don’t wait to book your free consultation with us!