“Non-Market” Reasons Why it’s the Ideal Time to Sell Your Home

Non-Market Reasons Why it's the Ideal Time to Sell your home

When considering whether or not to sell their home, many people think about market conditions. They consider whether it’s a buyer’s or seller’s market or they look at trends. They try to time the sale to get the best price for their property, but there are “non-market” reasons why it’s the ideal time to sell your home.

While market conditions certainly can play a role in deciding whether you should sell now rather than later, many other factors can influence that decision too.

Non-Market Reasons to sell your home

You might have outgrown your home and need more space. Perhaps you need an extra bedroom or a larger kitchen. If you wait until market conditions are perfect, you may languish for months — or even years — in a home that’s too small for you.

The same can be said for downsizing.

Another “non-market” reason you might want to sell your home sooner rather than later is the neighbourhood. Is there another community more suited to your lifestyle that you want to get into? If it’s a particularly desirable area, you don’t want to wait too long to make a move. If you do, you might lose some good opportunities.

There’s also the emotional side of the decision to consider. You might simply want to move for no other reason than you need a change. That’s as good a reason as any to put up the For Sale sign and find your next dream home.

Other non-market reasons to consider when considering whether or not to sell your home:

  • Wanting a shorter commute to work.
  • Adapting to a change in your family situation.
  • Wishing to live closer to relatives and friends.
  • Yearning for a particular property feature, such as a backyard with mature trees.

So, don’t just consider market conditions when deciding to sell. Look at “Non-Market” reasons why it’s the ideal time to sell your home and then move forward with confidence. After all, you can sell and buy in any market.

Debbie Tsintaris is a LOCAL REALTOR® in the Waterloo Region offering expert real estate services in Waterloo and surrounding areas in Southwestern Ontario. 

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