Should you sell your West Knoxville or Farragut home now? Or, should you wait until the spring or summer to sell your home? The truth is, that selling your West Knoxville or Farragut home isn’t about what the West Knoxville or Farragut market is doing or the time of year, it’s really all about you. If you’re considering selling your West Knoxville or Farragut home this winter, here are a few things to consider.
Most importantly, you need to make sure that are really serious about selling your home. According to data from the Knoxville Area Association of Realtors, homes currently have an average time of 120 days on the market, compared to 127 days at this time last year. Homes are selling in the West Knoxville and Farragut area, you just need to have the patience to let your home sell. The best way to set yourself up for success is to pick a REALTOR® to assist you in pricing your home competitively and dedicating the time to market your home.
Another key factor to consider when selling your West Knoxville or Farragut home is whether or not moving is a necessity for you. There are certain situations where waiting to move isn’t an option. If you’ve been relocated or desperately need more space, you may have not other choice. On the flip side, you could be toying with the idea, but are not pressed for time. Regardless, it is important that you have a plan in place for when your West Knoxville or Farragut home sells.
Finally, it is important to know that the winter months can be slower. It is best to be mentally prepared for that, so don’t be discouraged if you don’t quickly get an offer or get lots of showings. Selling during the slower season can work to your advantage. Many people hesitate to put their home on the market at this time for the very same reasons you are debating, which means there could be less competition on the market. If your home is priced well and has a lot to offer, your home could be a hot commodity. Even though its winter, there people out there buying homes. Mortgage rates are historically low and home prices are still very affordable and projected to rise, which could inspire many buyers to go ahead and buy this winter.
Are you thinking about your home on the market? If so, please let us know if there is anyway the Knoxville Home Team can assist you. You can contact Rick at 865-696-9002 or by email at [email protected]. Kati can be reached at 865-392-5880 or by email at [email protected]. Give us a call today for your free West Knoxville Home Valuation.