What You Should Know When You Want to Move House
Moving house is a huge life event, and many people end up with buyer’s regret once they’ve packed up their possessions. To be sure you’re making the right decision and that you’re prepared to uproot your entire life, here’s what you should know when you want to move or upgrade your current living situation.
- What Your House is Worth
The first and most important thing that you should know when you’re heading into the real estate market is how much your current house is worth. Its value will likely determine the property that you can afford and will ensure that you only get fair deals from estate agents.
If you’re unhappy with its value and want to get the most from your home, you should try to update it in the months before you sell up. For instance, you might decide to fix issues like damp and mold, as well as problems with the foundations and subsidence. You should also make it more appealing to buyers by installing underfloor heating, re-laying any loose roof tiles, and even repainting the walls. By doing this, you’ll be taking steps so that your house sells quickly and for what it’s worth.
- The Best Time to Sell Your Home
If you’re not desperate to sell up in the very near future, you might want to wait for a good time to put your house on the market. This will enable your house to be sold within a matter of days or weeks and will mean that you can get the money that you deserve for your beloved home.
The best time to sell your house is influenced by factors such as the housing market and global situation, as well as any tax breaks that the government has put into place. How quickly your property sells can also fluctuate throughout the year depending on the season, with spring being a great time to say goodbye to your home.
However, these changes to the housing market are usually only slight, especially if your home is in an excellent location and is in good condition. They shouldn’t deter you from speaking to an estate agent when you want to.
- Where You Want to Move To
The world is your oyster, but this isn’t always a good thing. Sometimes, you might feel overwhelmed by the possibilities of where you could settle down and start again, especially if you have few commitments in your current area.
This means that you should do a lot of research on where you want to move to. You should note what facilities are on offer there, including the quality of healthcare and education, especially if you have kids. You should also check the crime rate, as well as the flood risk.
By doing this, you’ll be able to set yourself and your family up for a bright future. Many people create a long list of potential places that they want to move to and visit them one by one. Staying in each of these places will give you a good idea of whether you feel at home there or not.
- Your Budget
There’s no point in shopping for a new house without a budget, though, especially if you’re a first-time buyer. You need to think carefully about not only how much deposit you’ll need, but also the amount of money it costs to run the house in question. You might also want to set some money aside for emergencies, as well as any interior decorating projects that you want to get stuck into.
By creating a budget now, you’ll be able to rest easy in the knowledge that you won’t be completely draining your bank account and that you can afford any property that you decide to view. You’ll also be able to share your budget with an estate agent as a guideline for the type of house that you’re on the hunt for.
Moving house is a big deal, whether you’re doing this for the first or thirty-first time. To make sure you don’t get carried away and can pull off the move with a minimal amount of stress, you should know the basics before you take any further action, including the value of the current property you own and the best time to put your house on the market. Otherwise, you might find that you come unstuck and that you don’t have all the information you need to move house smoothly.