Your Equity Could Transform Your Next Move

Right now, many homeowners are asking: “Is it a good time to sell?” The answer might surprise you…

For a lot of people, the answer is a confident yes.

Why? There’s one major factor working strongly in your favor: your equity. If you’ve been in your home for several years, chances are you’ve built up substantial equity. But just how much? The number might completely change your next move.

The Hidden Wealth of Homeownership

Here’s how it works. When you own a home, you’re not just living in it—you’re building wealth through equity.

Every mortgage payment you make reduces your loan balance, increasing your ownership stake in your home. At the same time, home values generally rise over time, boosting your home’s overall value.

Put those two factors together, and you’re steadily building wealth—month after month, year after year.

This accumulation can translate into real dollars that make a tangible difference when you decide to move. And if you’ve lived in your home for a while—which many homeowners have—the impact can be substantial. According to Realtor.com:

“Nearly half (45.2%) of today’s homeowners have lived in their home for more than 15 years, and 1 in 4 for over 25 years.”

Now imagine 15–25 years of mortgage payments plus consistent home appreciation. That’s serious equity, and it’s worth taking a closer look.

What That Really Means in Dollars

Research from Realtor.com shows estimates of how much equity homeowners have built, depending on when they bought their home. Using the median-priced home as a baseline:

• Bought in the mid-90s? You could have over $400,000 in equity today.

• Bought in the early 2000s? You might have over $330,000, even after weathering the housing crash.

• Bought in 2015? Even in just 10 years, homeowners may have nearly $285,000 in equity.

Of course, your exact number depends on factors like purchase price, renovations, down payment, and more. But the takeaway is clear: many homeowners are sitting on hundreds of thousands of dollars in equity—often without realizing it.

Your Equity Could Power Your Next Move

This is where equity becomes a game-changer.

• Concerned about higher mortgage rates? Your equity could cover a sizable down payment, reducing the amount you need to finance.

• Unsure if you can compete in today’s market? Your equity might allow you to buy your next home in cash, giving you a major advantage with sellers. Cash offers are appealing because they eliminate financing uncertainty.

Final Thoughts

If you haven’t had a professional evaluate your home’s value this year, now is the perfect time. You don’t have to sell—but knowing your equity gives you a clearer picture of what’s possible and how far that number can take you.

Ready for a custom professional equity assessment? Let’s connect.