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5 Signs It’s Time to Sell Your Home

5 Signs It’s Time to Sell Your Home

Moving is a big step, one that’s spurred by many factors. Many homeowners are reluctant to leave a place they called home for so long, which is understandable. It can be hard to figure out when the right time to sell, so here are some signs it’s time to move according to our Richmond Hill real estate agents.


1. The Neighborhood Doesn’t Fit Anymore

People often talk about outgrowing a home, but they don’t realize that it’s possible to outgrow a neighborhood as well. People find that neighborhoods no longer fit them for a number of reasons. Maybe work is further away now, or maybe kids are about to start school but the district isn’t so great. It’s important that you live in an area that meets your needs.


2. Your Home No Long Suits Your Needs

Clients often come to our real estate agents asking for help finding their “forever home”. The truth is that a forever home is very rarely for forever. Families constantly grow and shift, but a house doesn’t have that same flexibility. Maybe you’ve added more kids and need more space. Or maybe the kids have left the home and now you need less space. Outgrowing a home is common, and it’s one of the top reasons that people decide to sell.


3. Financially It’s Feasible

Money plays a big role in real estate. Selling and buying a home, especially in Richmond Hill’s market, is a big financial decision. If you feel like your home or neighborhood no longer suits your life, start talking to a financial advisor and a mortgage broker. If you’re financially ready, contact our agents and we can get started finding you the perfect new home!


4. Renovations Won’t Bring an ROI

Moving is stressful in the GTA, which is why many homeowners opt to renovate. However, renovation isn’t always the answer. A large renovation is not always financially the right decision, nor can it always give you the results you want. In this case, moving to a new home is a better option.


5. The Market is Good

Real estate markets are constantly shifting. If you’re looking to sell your home, contact a real estate agent. They can advise you on the best time to list your home to get you top dollar. Feel free to reach out to one of our Richmond Hill real estate agent to start talking today!


Derek Li Group

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