After years of birthdays and movie nights, it can be hard to think about selling your house and moving on. However, the repairs older homes require can sometimes be cost-prohibitive, especially when their estimates exceed the home's value. In these situations, or if a structure has suffered damage or deterioration, homeowners shouldn't hesitate to sell a house. Here are three clear reasons to contact a real estate professional.

How to Determine When to Sell Your Outdated House

1. Faulty Wiring

If you own an older home, it's likely outfitted with old-fashioned electrical equipment and wiring. Knob-and-tube wiring isn’t designed to handle moisture exposure, which can lead to a higher risk of electrocution in bathrooms and kitchens. It also was not designed for three-pronged electronics and appliances, so these items can overload the entire system and cause a severe fire. If you find yourself needing to replace the wiring throughout, it might simply be the right time to sell a house.

2. Soaring Energy Bills

Many older homes were built with single-paned windows and without insulation. So you may notice that your house feels drafty and is not energy efficient. Roof damage can also result in hidden leaks that let inside air escape. That’s why it’s worth keeping an eye on your electricity bills each month. If you find it difficult to stay comfortable and keep your bills affordable, it might be time for a more modern living space.

3. Structural Issues

Over several decades, various factors can cause a home’s structural elements to deteriorate. Flooding can lead to foundation cracks, while a “settling” home can cause sloped floors and cracked walls. Termites and carpenter ants can eat away wooden beams from inside walls and ceilings, leaving hidden damage. A house on the verge of collapse is no safe place to call home, which is why severe structural issues in an older structure should urge you to sell a house.

If you’ve come to terms with the idea of selling, reach out to DNJ Property Solutions today. This Saint Louis, MO, real estate solution oriented firm will happily take your outdated home off of your hands quickly, so you can focus on finding or creating a new one. They even offer a fast-cash option, which means they’ll purchase your property as-is in exchange for immediate payment. Visit the website to learn more about this convenient option, or call (314) 764-5787 to schedule a consultation.