Many people hesitate when they think about selling their home for the first time. If you’re on the fence, consider these signs it might be time to sell your home in Reno Nevada.
Signs It Might Be Time to Sell Your Home in Reno Nevada
1. You Need More Space!
Whether you’ve added family members or just added more things, it’s time to move on if you feel cramped. You will inevitably need more space as your family grows. Not only for people, but for all those other things! Or perhaps you work from home, and this office really needs to be successful. Do you need your own personal space to get away? Whatever your reason, if you’re stifled at home and it’s not possible to add an addition, it’s time to go!
2. Empty Nest
On the other hand, if your children have moved out or the house just feels too big, it may be time to think about a smaller home. The home will not only require less maintenance, but you will also save on utility and property taxes. Offloading years off accumulated “materials” can be a great relief from stress and even put some cash in your pocket if you sell a property. As you grow older, cleaning a home and maintaining a large yard can become more burdensome.
3. Your Community Has Changed
It was a quiet neighborhood with just a few families when you moved in. But now there are major roads, a coffee shop on the corner, people and traffic all over the place! Maybe crime rates have increased or your property taxes have been affected by the addition of modern homes. Are you living with a rigid HOA somewhere? If you don’t love your neighborhood, you might want to think about moving to a place you love!
4. You can not Stand The Weather
Do you always complain about the heat and moisture? Or maybe you get snow in May and you’re sick and tired of it! No one should live in an unhappy place. Stop wasting time living in an unfitting climate. Now it’s time to sell and move to a place where you can enjoy the weather throughout the year!
5. Capital Gains
In recent years, home prices have risen significantly in the area of Reno, Nevada. You may have the opportunity to collect up to $250,000 in tax-free capital gains by selling your home now if you’ve lived at home for the past two years. Does anyone else own the house? If so, you can raise that number to $500,000 in capital gains… Free of taxes.
6. You Are Spending More Time Commuting Than With Your Family
Keeping your happiness is so important. You need to spend time with your friends and family. Travel times are longer than ever and people spend hours a day in their vehicle or public transport. In the long run, the lack of quality time and the stress of getting home before the children fall asleep are not the kind of memories that most people want to make. Getting closer to your job saves you time, money and reduces stress!