Many people hesitate a little when they are first thinking about selling their mobile home. It is a stressful process, but there are some big signs it’s time to sell your house. If you’re on the fence, look out for these signs it’s time to sell your house.
6 Signs It Might Be Time to Sell Your House in Lincoln
1. You Need More Space!
Whether you’ve added family members or simply added more stuff, if you are feeling cramped, it’s a good sign that it’s time to sell your house. You will feel more relaxed with more space for you and your belongings. It’s never fun living in a place so cramped and cluttered you need to jump over piles to get to the kitchen.
Also, as you family grows, you will inevitably need more space. Or maybe you are working from home, and really need that separate office to focus and be successful. Have 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, don’t think about when to sell, it’s time to go now!
2. Empty Nest
On the other hand, if your kids have moved out, or the house simply feels too big, it might be time to think about downsizing into a smaller home. When selling a mobile home you lived in with your kids, not only will the smaller home require less maintenance, but you will save on utility and property taxes. Offloading years of accumulated “stuff” can be a big stress relief and even put some cash in your pocket should you hold an estate sale. You can be surprised at how much extra stuff can accumulate over the years. Cleaning many extra empty rooms and maintaining a large yard can become increasingly burdensome as you get older.
3. Your Community Has Changed
When you moved in, it was a quiet neighborhood with only a few families. But now, there are major roads running through, a coffee shop on the corner and people and traffic everywhere! Or maybe the opposite happened. Maybe when you moved in, there was a lively and vibrant community and now many families have moved out and shops have closed.
Maybe crime rates have risen, or the addition of modern homes has affected your property taxes. Do you live somewhere with a rigid HOA? While you don’t have to love the neighborhood you live in, if the vibe is affecting your mood often enough, this is another sign you might want to think about relocating to a location you will love!
4. Horrible Weather All the Time
Do you find yourself always complaining about the heat and humidity? Or maybe that you are still getting snow in May and you are sick and tired of it! Weather really affects mood, and nobody should live in a place where they are unhappy with the weather all the time. Stop wasting time living in a climate that you aren’t suited for. Stop thinking about when to sell your home! Now is the time to sell and relocate to a place where you can enjoy the weather most of the year round!
5. Capital Gains
Over the past few years, home prices have gone up considerably in Lincoln, even for mobile homes. Although it’s a mobile home, when 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. The need for some extra cash plus general unhappiness at your current living arrangements is another big sign it’s time to sell your house.
6. You Are Spending More and More Time Commuting
Spending time with your friends and family or pursuing meaningful hobbies is so important in maintaining your happiness. Commute times are longer than ever and people are spending hours a day in their vehicle or on public transport. Is that worth it? This is one of the biggest signs it’s time to sell your house.
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! This is a big sign that it’s time to sell your house!