Some people stay in their house because the idea of selling hasn’t even occurred to them. While the house might not be meeting their needs, the idea of moving is a distant thought. We become so comfortable in our houses, that we fail to remember that we don’t have to live there forever! How do you know when it’s time to sell your New Orleans house? We will give you a few signs below!
At times, the process of selling your crowded or run-down home can feel more burdensome than living in it. We’ve all been there. We know our home is no longer fit for us, but we stay because it’s our “home” after-all. But you don’t have to stay there forever. It may be hard to leave a home filled with so many memories, but there comes a point when selling becomes absolutely necessary.
How To Know When It’s Time to Sell in New Orleans
You Need More Space!
What does more space mean for you? The opportunities are endless when it comes to finally having your dream space, whether it’s finally having that quiet office, or having a pool built in the backyard. Your house shouldn’t feel crowded or as if two people are living on top of one another. There are many homes available right now in New Orleans. Give yourself a little space!
Your House is TOO Big
It’s common for people to buy a house, start a family and continue living there as the years go by. What happens when the kids move out and you are left with a house that is much too big? You may find yourself paying high utility costs and cleaning a house that you don’t completely use. Homes with lots of unused space are only costing you in the long run.
Your House is Competitive
Did your neighbor’s house recently sell for a high amount? Is your house similar, if not better? You may want to consider selling if the houses in your neighborhood are going for high prices. Keep an eye on what houses nearby are doing, and see what people are asking for vs. what they actually walk away with. If there’s profit, it might be time to go for it!
You Can Afford It
Moving costs money, and so does selling your home. You should consider the costs of packing, moving, and getting your current house into selling condition, in addition to the cost of a new home. Repairs, paint, landscaping, and general fixes can add up fast!
You Are Emotionally Ready To Move On
It’s important to be emotionally ready to leave. It can be difficult to leave a house where years of memories were made, and move into a new place that doesn’t yet offer the same sense of home. If you decide to move, make sure you are truly making the decision that will give you the most happiness.
Consult A Pro
Go over your options with an agent, accountant, or financial advisor. There is no formula that can tell you the perfect time to sell. However, you can tap into the knowledge of local professionals who might have a greater understanding of the local markets. A financial advisor can help you determine if a move will beneficial for you from a financial standpoint. They are professional for a reason, and their opinions should always be considered when opting to sell!
Do you want to sell a house in New Orleans? We are ready to help! Send us a message or give our team a call now! (504) 224-9066