2. Upgrading
For example, if you’re living in a condo and your household is growing, it may be time to find a home that better fits those needs.
Many homeowners decide to sell to move into a larger home. This is especially common when there’s a need for more room to entertain, a home office or gym, or additional bedrooms to accommodate a growing number of loved ones.
3. Downsizing
For example, you’ve just kicked off your retirement and you want to move somewhere warmer with less house to maintain. A different home may be better suited for your new lifestyle.
Homeowners may also decide to sell because someone’s moved out of the home recently and there’s now more space than needed. It could also be that they’ve recently retired or are ready for a change.
4. Change in Relationship Status Divorce, separation, or marriage are other common reasons individuals sell.
For example, if you’ve recently separated, it may be difficult to still live under one roof. Selling and getting a place of your own may be a better option.
5. Health Concerns
For example, you may be looking to sell your house and use the proceeds to help pay for a unit in an assisted-living facility.
If a homeowner faces mobility challenges or health issues that require specific living arrangements or modifications, they might sell their house to find one that works better for them.
With higher mortgage rates and rising prices, there are some affordability challenges right now – but your needs and your lifestyle matter too.
Bottom Line If you want to sell your house and find a new one that better fits your needs, let’s connect. That way, you’ll have someone to guide you through the process and help you find a home that works for you.
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