{"id":6127,"date":"2025-12-11T12:02:33","date_gmt":"2025-12-11T12:02:33","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/12\/11\/your-equity-could-change-everything-about-your-next-move\/"},"modified":"2025-12-11T12:02:33","modified_gmt":"2025-12-11T12:02:33","slug":"your-equity-could-change-everything-about-your-next-move","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/12\/11\/your-equity-could-change-everything-about-your-next-move\/","title":{"rendered":"Your Equity Could Change Everything About Your Next Move"},"content":{"rendered":"\n
\"Your\n

A lot of people are asking the same thing right now: \u201cIs it even a good time to sell?\u201d<\/em> And the truth<\/a> may come as a bit of a surprise\u2026<\/p>\n

For many homeowners, the answer is a strong yes<\/strong>.<\/p>\n

Why? Because of one major factor working in your favor: your equity. <\/strong>Odds are, if you\u2019ve lived in your home for a while, you know you have significant equity. But how much are we really talking about? The number might just change everything about your next move.<\/p>\n

The Hidden Wealth of Homeownership<\/strong><\/h4>\n

Here\u2019s how it works. When you own a home, you build up something called equity<\/strong><\/a>.<\/p>\n

Each time you make a mortgage payment, you\u2019re chipping away at your loan balance. And that helps your ownership stake in your home grow. At the same time, home values typically rise \u2013 which drives up the overall value of your home.<\/p>\n

When you put those two things together, you\u2019re building wealth automatically, month after month, year after year.<\/p>\n

And that combo can add up to real <\/em><\/strong>dollars that can make a real <\/em><\/strong>difference in your move. That\u2019s especially true if you\u2019ve lived in your house for a while, which many homeowners have. According to Realtor.com<\/em>:<\/p>\n

\u201cNearly half (45.2%) of today\u2019s homeowners have lived in their home for more than 15 years, and 1 in 4 for over 25 years.\u201d<\/em><\/strong><\/p><\/blockquote>\n

If that\u2019s you, just imagine what 15-25 years of payments + steady appreciation have done to your bottom line. It\u2019s time you see how your equity stacks up over time.<\/p>\n

What That Really Means in Dollars<\/strong><\/h4>\n

This chart uses research<\/a> coming out of Realtor.com<\/em> to show an estimate of how much equity homeowners have built up depending on when they bought. For each time frame, it takes the median-priced home and uses it as the baseline example. The numbers are shocking, too. According to the study, if you bought the average-priced home in\u2026<\/p>\n