Selling a home is one of the most important decisions a family will make, but people are often confused about when the best time is to sell. Should they join the spring rush to list their home, or will waiting until later in the year offer them a greater chance of getting the best price for their home? When it comes to real estate, Saskatoon home owners must also look beyond the seasons, because there are several factors that should be considered when deciding on a time to sell a home.
1: Selling Your Home in the Spring and Summer
There’s no doubt about it, many homes look their best in spring, when trees are filling out with leaves and flowers are starting to grow. The longer hours of sun exposure during the warmer months also mean that the home can be viewed by prospective buyers later in the day, and buyers interested in your home because of its proximity to a desired school often wish to move when it won’t disrupt their children’s school year (in between grades).
2: Make Sure Equity is on Your Side
Home equity is the single largest investment and wealth builder for families. Make sure your financial ducks are in a row and the sale of your home could yield enough money to pay off any mortgage, make a down payment for your next dwelling, and contribute to your savings.
3: Your Home No Longer Suits Your Lifestyle
Either your family is growing and you need more space or your children are leaving home and you need less space. Illness or serious health problems can also affect your needs and prompt you to consider selling.
4: Can You Afford to Move?
Moving can be expensive. There are pre-sale steps you must take to ensure your home is marketable, which could include painting, updating the kitchen and bathrooms. You may also need to hire movers when your house sells. And, don’t forget, you will need to make a down payment on the house you buy. All of these things cost money. Are you financially prepared to sell?
Seek Expert Guidance
If you’re interested in selling your home, get in touch with me and let’s discuss your options. When it comes to the selling side of real estate, Saskatoon home owners will always benefit from working with an experienced realtor. Call me today!