Selling your home isn’t just a financial decision, it’s an emotional weigh-up too. After all, properties often come with memories or represent significant milestones in life.

If recent events have found you pondering whether now is the time to make a move, here are the top six signs it’s time to sell your home.

1. You’ve outgrown your home

There’s a reason people talk of the property ladder. Often the ideal home you seek is achieved by stepping up rung after rung.

That means you may start out with an apartment or home suited to a couple, but as life circumstances change, so too do your property needs. After having children, you may find yourself hankering for additional space, additional storage, or extra features like a pool.

That’s a sure sign you’re ready to capitalize on previous property investment and sell it to step up a rung.

2. You’re ready to ‘rightsize’

Just as life events may see you looking to upsize, there comes a time when all the extra space isn’t necessarily required.

Instead, you might be looking for a ‘lock and leave lifestyle, or perhaps fewer bedrooms but improved proximity to shops and healthcare. Some call this downsizing, but it’s also known as rightsizing, meaning you now need a property that better suits your current needs and your requirements in the foreseeable future.

3. Your personal situation has changed

As much as we have a plan for life, sometimes things don’t work out quite as expected. Perhaps you find yourself needing to accommodate extra family, perhaps a relationship has changed. But when life serves up an alternate plan, the place you call home may need a little revision too.

4. The market is right

It’s no secret the property market works in cycles, and there are a couple of indicators that illustrate when the property market is in a good position for sellers.

These include rising house prices, fewer days on market for properties currently for sale, increasing rents, and population growth. All of these point to the fact buyer demand is exceeding supply.

Meanwhile, there’s also formal analysis available that looks at current trends. On the Sunshine Coast, for example, the Herron Todd White ‘Property Clock’ currently indicates the region is nearing the peak of the market, with buyer inquiry increasing.

5. You have different financial aims

Owning property is part emotional and part financial so when your financial aims change it might be an ideal time to sell.

For example, that investment property that has been rising in value for years might provide the capital you need for a family home, or the sale of your former family home might set you up for retirement.

6. You’re emotionally ready

Find yourself dreaming of acreage, or constantly browsing the real estate sites? That could be a sign you’re emotionally ready to let go of your current property and find a new one to meet your needs.

Our tips when it comes time to detach?

• Have a plan for what you’re looking to achieve, including where you plan to go, and what you’d like to buy or do next.
• Declutter and take the time to present your home to the best effect.
• Discuss the sale with the family, particularly if this is the home where your children grew up.
• Create an ideal timeline. You shouldn’t be rushed into a sale, nor should the process of preparing your home for sale be undertaken in haste. Map out a realistic timeline and work backward to meet your goals.
• Find an agent you trust who understands your aims and will work with you to achieve them.

If any of the above signs sound familiar, we’d love to help you turn the page on the next chapter of your adventure. You can contact the imsold team directly for a trusted opinion on the value of your property and the path forward from here.

Wondering how imsold can be helpful?

If you’re looking for a real estate agent in Noosaville who’ll consistently work with you to get you results and who believes sales is really about true service, you should contact Andrew Johnson and the imSold team here.