Owning a house that isn’t right for you can be costly and frustrating. In this post, we will help you learn if it is time to sell your house in Toronto!
There is no rule saying you have to stay in the same house forever. Many homeowners find themselves living in a house that is costing them money, doesn’t fit the whole family, or that doesn’t suit their lifestyle. Rather than move, they get stuck in their routine, suffering with a house that isn’t working. At some point, they will realize it’s time to move on. Below we offer some sure-fire signs that it is time to sell your house in Toronto and move on to something that makes more sense for you.
You’re Out Of Space
The house you’re living in may not transition well through all of the stages of your life. A small house may be fine when it is just you. But maybe you’ve had a family, maybe you’ve adopted 5 dogs, or maybe you’ve decided to build a music studio in your house. No matter the reason, a house can become too small, forcing the occupant to feel claustrophobic and crowded – two things people shouldn’t have to feel when they are at home. If you could use some room to stretch out, upgrading may be in your future!
The House Is Too Big
Maybe 20 years ago you bought a house that was perfect for your large family and your 5 dogs, but today, you don’t find yourself needed as much space. Maybe you have rooms you never use or you have an increasingly hard time keeping the entire house clean. While you may not have considered picking up and moving, maybe you should! Living in a smaller space can make day to day living much easier and enjoyable. Having 4 extra bedrooms is more of a burden than anything else. Remember, there is no rule saying you have to live in your house forever.
You’re Tired Of The Commute
How long does it take you to get to work? School? Or to shuffle the kids around? Spending hours in your car each day is no way to live your life. Think of all the quality time you are missing out on while you fight traffic, wait for a train, or drive an excessive amount of miles to get where you need to go. While living off the beaten path may be appealing, it can also mean you spend a lot of your time on the road instead of enjoying your time with your family or friends.
You Could Do Better
Is your house really a great value for you? Maybe that monthly mortgage payment isn’t giving you as much house as you could be getting somewhere else. You may not love the idea of having to pick up and move, but if it makes more sense for you, it should definitely be something you consider!
You Could Profit
Have home values gone up since you first purchased your house? If you have the ability to sell for a considerable profit, you may want to think about talking to an agent or professional home buyer. While you’ll want to watch out for capital gains taxes if the profits are high, selling the house and coming out ahead can benefit you in a number of ways.
Is it time for you to sell your house in Toronto? Get in touch with us to learn about how you can sell your Toronto house quickly, without any costs or waiting!