6 Reasons Why Now's the Time to Downsize
Posted by Mike Wald on
If you're considering downsizing to a new home, one that better suits your lifestyle, this could be the best year yet to make it happen! Here are 6 compelling reasons the timing may never be better.
Reason #1: Your current home is probably worth much more than you think! Over-the-mountain homes are selling at historic highs. You might be surprised how much your home is worth in today's market. While most economists don't believe we're in a housing bubble that will lead to a crash in prices, most economists predict that the rate of increase in home prices is going to slow. So, selling your home this year will likely generate some pretty impressive gains. With that in mind, this could be the perfect time to sell.
Reason #2: Unlock the profits…
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This beautiful 4 bedroom, 3.5 bath home in Derby Downs recently sold in just two days, after receiving seven offers! The winning contract was $50,000 over the asking price! There are several reasons why there was so much interest in this home- great curb appeal, lots of space, great backyard and more. But, much of what makes a house a great place to call home has to do with the neighborhood where it's located. That's clearly the case with this home which is situated on the corner of Tyrol Road and Derby Drive in one of Vestavia's most popular neighborhoods- Derby Downs. There are a number of compelling reasons why Derby Downs is such a great place to live? First, and this is a common denominator among many of the most popular…