Any real estate agent in Chicago and in the Chicagoland area will tell you inventory is currently at an all-time low. What does that mean for homeowners? If you’re considering selling, now is the best time. We’ve pinpointed 4 signs it’s time to part ways with your home in search of something better.
You’re Ready For a Change of Scenery The average price per square foot tends to be lower in suburban areas, meaning you can get a bigger home and more space for the same as what you’d pay for in the city. For many, urban living means easy access to shops, restaurants, entertainment, to convenient public transit and quick commutes to work. Here are a few reasons you might be interested in moving to a new neighborhood:
Your Home No Longer Fits Your Lifestyle Your growing family and changes in your day-to-day life can drastically alter the type and size of space you need to live comfortably. Here are the most common types of lifestyle changes:
Your Personal Financial Situation Money is an important issue to consider as you’re thinking about whether or not to sell your home. Questions to ask yourself:
Your Home Needs Repairs and Improvements Does your home need serious repairs and updating? Read our thoughts on the renovations that don't add value to your home. If your home needs extensive repairs, you have 2 options:
Both of these choices are not ideal. Selling it quickly is often a better option than spending a lot of money to do improvements. Contact Direct Property Buyer for a free, no-risk quote. Get a Quick Cash Offer | Call 773.971.7661 or fill out the form.
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AuthorEric Strung and Direct Property Buyer Team Archives
January 2024
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*Members of Direct Property Buyer have real estate licenses held by Spartan Residential.
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