Should I Sell My Vacation Home?

With summer gone, you might be done at your vacation home for the year and starting to think about selling. The demand for vacation properties is high right now, which means you can likely get some generous offers if you decide to sell. If you’re still enjoying and cherishing your time at your vacation home, then it probably isn’t the best time to sell if it’s not necessary. Make the most of your investment and hold onto your property as long as you continue to enjoy it. But if you are ready to move on, there couldn’t be a better time. Here are some things to consider if you’re thinking about selling your vacation home.

If You Were Thinking of Selling Your Vacation Home, Now is the Best Time

Chances are, you’ve already enjoyed your vacation home for the summer, so it might be a good time to consider selling your property. Whether you’re ready to move on and find a new area to vacation, or you could use the extra cash, this is the time of year to make a change before the next travel season. As we enter into the fall months, you have a narrow window to do so and to get the most traffic and potential for multiple offers now, before the weather changes and buyers focus more on the holidays and less on real estate investments.

The Market for Vacation Homes is High Right Now

While the pandemic has caused a lot of tragedy and hardship, it has allowed for many people to work remotely. This opens up the possibility for them to move out of the city or invest in a second property where they can spend time away from home and still be able to work. With this increase in work flexibility, many people are looking to relocate to more beautiful and relaxing places (like Gold Country!). Research from the National Association of Realtors shows that the number of vacation properties being sold in 2020 has increased by more than half in the last year! The demand has grown, which means that the value of your property has gone up! Is it time for you to collect the return on your investment? If you’re considering selling, you may not find a better time to do it. 

Swap Your Vacation Destination with Another

Have you always wanted to visit a new destination? Selling your vacation home gives you the means to change up your vacation location. Maybe you’ve taken advantage of everything your current vacation home has to offer, and it’s time for a new adventure! Or perhaps your family has changed and are using your property less and less. Don’t sit on a property you’re not excited about anymore; there’s definitely someone else out there who would be thrilled to purchase your vacation home. 

There’s always more demand to buy homes in Gold Country than there are homes available for sale, but especially now. If you decide you may want to sell your vacation home in Gold Country, Team French can help you through the whole process and strategize with you on the best time and ways to get the best price. My daughter and I will provide you with personal and dedicated service that is unique to our local, family-owned realty business. Get in touch with us to get started with selling your Gold Country vacation home. We have the experience you need and we understand the current market. We can’t wait to meet you!

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