Its’ not uncommon for many people encounter some hesitation when they are first thinking about selling their home. There may be a number of reasons for the hesitation, such as uncertain what the economy will do, or if you’ll get a good price for the home, and so on. If you’re on the fence, consider these signs it might be time to sell your home in Dayton, NV and the surrounding areas.
6 Signs It Might Be Time to Sell Your Home in Dayton
1. Your Community Has Changed
When you moved in, it was a quiet neighborhood with only a few families and maybe a few homes on the street. But now, there are major roads running through, a coffee shop on the corner and people and traffic everywhere! Maybe crime rates have risen, or the addition of modern homes has affected your property taxes. Do you live somewhere with a rigid HOA? If you don’t LOVE the neighborhood you live in, it might be a sign that it is time to sell and relocating to a location you will love!
2. Empty Nest
The second sign it might be time to sell, if your kids have moved out and it’s just you and your spouse, or the house simply feels too big, it might be time to think about downsizing. Not only will the home require less maintenance, but you will save on utility and property taxes. Offloading years off accumulated “stuff” can be a big stress relief and even put some cash in your pocket should you hold an yard or garage sale. As you get older, cleaning and maintaining a home or even a large yard can become increasingly burdensome.
3. You Need More Space!
Most of the time that people are looking to sell, it is bcause they need more room. Whether you’ve added family members or simply added more stuff, if you are feeling cramped, it might be the time to move on. As you family grows, you will inevitably need more space. Not just for people, but for all that additional stuff! Since 2020, more people have been working remotley for their jobs and are needing more space because of a home office. Or maybe you always wanted a man (or woman) cave but have never had space. Whatever your reason, if you are stifled in your own home, and adding an addition isn’t feasible, it is time to go!
4. You Can’t Stand The Weather
Do you find yourself always complaining about the heat or cold? Or maybe that you have had enough of the bi-polar weather every year and you are sick and tired of it! Nobody should live in a place where they are unhappy. Stop wasting time living in a climate that you aren’t suited for. Now it the time to sell, and relocate to a place where you can enjoy the weather year round!
5. Capital Gains
Over the past few years, home prices have gone up considerably not only in Dayton, but all over the country. By selling your home now, you may have the opportunity to collect up to $250,000 in tax-free capital gains provided you have lived in the home for the past two years. Does someone else own the house with you? If so, that number jumps to $500,000 that you can collect in capital gains… tax-free.
6. You Are Spending More Time Commuting Than With Your Family
Spending time with your friends and family is so important in maintaining your happiness. Commute times are longer than ever and people are spending more hours in the day in their vehicle or on public transport getting to or from work. In the long run, missing out on quality time, and feeling stress to get home before the kids fall asleep, aren’t the kind of memories most people want to make. Moving closer to your job will save you time, money and lower your stress levels!