Deciding to sell your home is as much an emotional decision as it is a financial one. If you’re toying with the idea, you’re probably wondering, “Should I sell this year?” Let’s dive into some key factors that might help you answer that question.

The first is market opportunities. This year may have the kind of housing market that makes it advantageous for you to move. If you’ve been considering moving for some time, that may be a motivating factor. Find out what the state of the market is and what the opportunities are. The timing could be right.

Another factor is financial. Are you in a good position to sell your property and get into your next dream home? Consider how much you’ll likely get when you sell (minus outstanding mortgage principal.)

And, of course, you should look to the future. Where do you see yourself in the next 5-10 years? If you’re planning a career move or expecting a change in your family situation, it might be a good idea to consider how your current home fits into those plans. Selling might be the right decision if your current residence won’t suit your anticipated needs.

Finally, do you dream of a new home? Is there a neighborhood you’d love to live in? Do you feel a sense that “It’s time” to move on? Don’t discount those feelings. When it comes to lifestyle, happiness, fulfillment, etc., a home plays a big role. It’s worth asking yourself, “If not now, when?”

Whether you choose to sell or stay put, make sure it’s a choice that aligns with both your heart and your head.