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Why now is a good time to sell

The weather might be getting colder by the day, but the property market is still hot! The average house price in the UK has hit an all-time high and record asking price rises have been seen in every region of Britain.

If you’re thinking of putting your house on the market but not sure if now is a good time, it’s worth just doing it. The COVID pandemic has had a large and unpredictable effect on the housing market and while no-one can predict exactly what will happen, it’s likely that the market will slow down in 2022. A slower market means less demand, and lower asking prices, so if you want to maximise the value of your sale you need to put your home on the market soon. Here’s a few reasons why now is a good time to sell. 

High demand
Put your house on the market now and it’ll be seen by a record number of prospective purchasers. Demand is incredibly high, so you’re likely to get strong interest, a good number of viewings, and a realistic offer.

Best price
Asking prices have hit record highs recently so if you put off moving for another 12 months you may not get such a good price for your own property. It’s always worth getting a valuation from a local agent who knows the area inside out as you may be surprised to find out just how much your home is really worth.

Increased budget
If your home is valued for more than you thought it might be, your possibilities open up. Maybe you can afford an extra bedroom, or a bigger garden, maybe a study. Or perhaps a whole new area or a specific road you’ve always fancied can become a possibility.   

Strong position
If your house is sold, you’ll be front of the queue when it comes to snapping up your dream property. In a competitive market sellers value those who have already sold and can move quickly. It could put you at a great advantage over other potential purchasers who aren’t on the market yet.

If you’d like to find out how much your home is really worth, contact smarthomes for a realistic valuation on 0121 744 4144.

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