If you’re planning on selling your house in Colorado Springs, you’re probably thinking about the right time to sell it. However, the “right time” means something different to everyone.
Read on to learn about the optimum time to sell a house quickly.
The Perfect Time to Sell Your House
It used to be conventional housing wisdom that the best time to sell a house is in the spring or summer before your kids go back to school. However, the current real estate market is anything but conventional, and there’s no longer an ideal time that can net you a substantial profit. Now, the right time to conduct a sale depends on personal factors, such as your finances and goals.
Before you list your house on the market, consider the following factors to decide if right now is the best time to sell.
Major Life Changes
You can’t always map out the trajectory of your life. Unexpected situations can arise, and you may need to sell your house urgently and start fresh somewhere else. A few examples of circumstances that can trigger a big move are:
- Aging parents who need your help
- Starting a new career
- Placing your kids in a better school district
- Accommodating to the physical needs of your family. For instance, if you have a child who’s in a wheelchair, they may benefit from a single-level home.
- Needing extra rooms for your growing family
- Owning multiple big pets that need additional backyard space
- Becoming sick and needing to live near a particular hospital
If you must immediately sell your house, you may not be able to focus on staging it, boosting its curb appeal, conducting an open house, and marketing it. Work with a trusted real estate agent who can manage the sale for you. Keep in mind you’ll need to pay them a commission.
Consider Your Financial Situation
Personal finances are usually a driving factor behind sales. If you’ve occupied your current home for several years, there’s a possibility you may have equity that can be used as a down payment on your new house, to supplement your retirement, or to pay for other major
expenses.
Another financial factor to consider is the amount of money you have saved for your move. According to the American Moving and Storage Association, the average cost of an intrastate move is $2,300, and an interstate one is $4,300.
You may also want to downsize your home when it no longer suits your current lifestyle. Perhaps your children left the nest, and you no longer need extra rooms. Downsizing to a lower-cost home will free up money for other luxuries, international travel, or medical emergencies.
Contact ZechBuysHouses LLC
Moving is a life-changing decision. The best time to sell your house entirely depends on the lifestyle you’re pursuing. If you’re a resident of Colorado Springs, Colorado, you can sell your home to ZechBuysHouses for a speedy, all-cash offer. We want to help you get back to living the life you want to live, so contact us today.