Realtor - Amanda S. Davidson: 5 Signs It May Be Time To Move From Your Current Home

5 Signs It May Be Time To Move From Your Current Home

 

5 Signs It May Be Time To Move From Your Current Home

Recent studies show that homeowners average about 9 years in their homes. There are varying reasons a homeowner decides it’s time to sell. Do you know the signs it may be time to move from your current home? It’s a very personal decision to sell your home and one that requires a lot of thought and consideration before making your final decision.

 

Keep reading for tips on whether it’s the right time for you to make a move.

 

1. Your Home No Longer Fits Your Lifestyle

Over time life has a way of changing. Maybe you were single when you purchased your home and now you have a family or maybe you bought a larger home and your children have left the nest.

 

There are many personal scenarios that can cause your life to change and with those changes, your current home can become less desirable.

 

2. The Neighborhood You Live In No Longer Suits Your Needs

If you no longer find the neighborhood you live in desirable that could be a sign it’s time to move to a new one.

 

You might have purchased your home when you desired a downtown location and now want more privacy and quiet. Maybe the neighborhood has changed since you purchased your home and just isn’t appealing to you.

 

Whatever the case may be, if you no longer enjoy your neighborhood it might be time for a change.


Is It Time To Move From Your Current Home?

 

3. You Know Homes In Your Neighborhood Have Been Selling For Appealing Prices

Seeing your neighbors home sell for a great price is exciting. It’s natural to start to think about if you could do the same thing.

 

Before you get too excited make sure you compare your neighbors home to your home. Are they similar in size, floor plan and condition? If they are then there is a good chance you could sell for a great price too. If they’re different then it’s not as easy to determine what your home will sell for.

 

If you’re still excited about the thought of selling reach out to an agent you trust and have them look at your home to determine what you could sell for. If your agent tells you it could also sell for a great price then you at least know you don’t have to guess on its market value. Selling your home is a business decision and doing your research is a must.

 

4. You Have Lived In Your Home At Least 5 Years

In general, you need to own a home for at least 5 years to sell without losing money. That’s not true in every case (less or more time) but, the general consensus is 5 years.

 

There are costs associated with selling and buying and you’ll need time to increase your equity and hopefully see your home appreciate.

5 Signs It's Time To Sell Your Home 

5. It Makes Sense Financially

Did you just get a big promotion or a new higher paying job? Or, on the opposite spectrum do you feel like you’re house poor? Either of these can play into making the decision to sell your home.

Talk with your mortgage lender to see what you can best afford. If you don’t have one you trust reach out to your real estate agent or ask friends and family for referrals.

 

Is it time to sell? If you find yourself relating to any of the above it might be but, the truth is, only you can answer that. If you decide it’s time to sell partnering with a real estate agent who can help you analyze your current situation and listen to your selling goals is a must. Picking the right agent is one of the most important aspects of the entire home selling journey. Reach out to me at 703-431-3755 or amanda@amandadavidson.com

 

 

 

 

Amanda Davidson Real Estate Group

 

 

      

 

Amanda Davidson

Amanda Davidson Real Estate Group

Broker - Owner
Licensed in VA and DC

5680 King Centre Drive #600
Alexandria, VA 22315

Cell: 703.431.3755
Fax: 703.562.7057




Comment balloon 27 commentsAmanda S. Davidson • January 04 2019 09:59PM

Comments

We qualify for four of your five reasons. 

Just need to find the right alternative.

Posted by Roy Kelley (Realty Group Referrals) 2 months ago

Amanda, we have seen the average years homeowners remain in their home increase.  I remember when I got in, it was only four years.

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) 2 months ago

Hello Amanda, You have a interesting puzzle and 5 great items to place in your puzzle.  Can I reblog this sometime.

 

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) 2 months ago

What a wonderful video, and blog post, love it, very creative and well done. Hope it gets you some calls and puts you in front of some potential clients to discuss if now is the right time for them.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtors, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 2 months ago

These are all good reasons for potential sellers to ponder when evaluating whether or not to bring their home to market. With interest rates rising alot of homeowners like the (likely lower) rate they already have and are balking at the higher rates out there now for a new purchase.

Posted by Debe Maxwell, CRS, Charlotte Homes for Sale - Charlotte Neighborhoods (www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310) 2 months ago

An excellent list Amanda,..I think I feel a reblog coming on !

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) 2 months ago

Great list as always and I really like the video that you did for it.  Did you use Biteable?  I made a video there that I really liked and I have been wondering if I should maybe subscribe to the pro version and make more videos.

Posted by Brian England, MBA, GRI, REALTOR® Real Estate in East Valley AZ (Arizona Focus Realty) 2 months ago

Good morning Amanda.  These are excellent reasons for folks to realize it may be time to make a move.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) 2 months ago

If it's time to sell your home or condos for any reason in the Alexandria VA neighborhooods, it would be time to Call Amanda Davidson!

Posted by Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Home and Condo Specialists (The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803) 2 months ago

Will Hamm of course, anytime. Thank you!

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 2 months ago

Debe Maxwell, CRS we are seeing that too and I definitely understand where they're coming from. Inventory is so low here and from what I've read in your posts it is there too!

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 2 months ago

Sally K. & David L. Hanson thank you!!

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 2 months ago

Brian England it's from Content Samurai. We looked into Biteable too and felt it was more user-friendly/cost effective. You can try Content Samurai out for free with this link if you'd like to help you decide!

 

https://www.contentsamurai.com/c/Amanda2-cs-freetrial!

 

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 2 months ago

Gabe Sanders thank you for reading and commenting!

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 2 months ago

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 thank you! 

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 2 months ago

Amanda: These are all great reasons to consider putting your home on the market and start looking for a new place.

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (ColdwellBanker SSK Realtors ~ 478.960.8055) 2 months ago

Hi Amanda S. Davidson, these are all true, especially being in the home 5+ years. Many say they won't move for a long time but that seldom happens. 

Posted by Beth Atalay, Cam Realty of Clermont FL (Cam Realty and Property Management) 2 months ago

Beth Atalay that's a great point. I seem to hear clients say they won't be moving for 10-15 years and I've only seen that happen about 5% of the time. 

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 2 months ago

Hi Amanda S. Davidson - I think you have touched on all the main reasons to sell your home. Probably, a couple could be consolidated into just how much equity the seller needs to move on. But, all in all, these reasons fit well and are perfect to start the discussion. 

Posted by Sheri Sperry - MCNE®, (928) 274-7355 ~ YOUR Solutions REALTOR® (Coldwell Banker Residential Brokerage) 2 months ago

Amanda,

What a great blog!  For me, point #2, is key.   Homeowners know when it's time to move.  Excellent points and I know I'm ready to buy again.  

 

Posted by Dinah Stallworth-Lewis, NATCHITOCHES, LA HOMES FOR SALE (Priority Real Estate LLC - 800.978.4847) 2 months ago

Good Morning Amanda - those five reasons worked well for us when we sold our condo after having it 6 years and buying it new.  Five or six years is a good time.  We kept it clean and fresh and decorated but in five years you don't need upgrades.  We got a good price and moved on to our home.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 2 months ago

Dinah Stallworth-Lewis that's exciting you'll be buying again. It's so fun to look for your own home! Best wishes to you. 

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 2 months ago

Grant Schneider thank you for adding your first-hand experience. I'm glad your condo works out well for you. I'm sure you love your current home and will know when it's time to sell. I knew when it was time to sell my townhouse and have never looked back.

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 2 months ago

Amada, what an awsome post and I don't know how I missed it, but thanks to our friend Gabe Sanders  reblog I am here, Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) 2 months ago

Good morning, Amanda S. Davidson this is a wonderful list of reasons to call Amanda Davidson for a Free Market Analysis of your property.... she knows the marketplace and will give you the proper guidance, after discussing your reason for wanting to sell.... she'll make sure you're selling for the right reason... 

Posted by Barbara Todaro, Marketing Agent for The Todaro Team (RE/MAX Executive Realty ) 2 months ago

Endre Barath, Jr. thank you for coming over to comment :) have a great day!

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 2 months ago

Barbara Todaro thank you! Your comment and support mean a lot to me. 

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 2 months ago

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