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Updated over 5 years ago, 06/07/2019
Northern Virginia - Sell primary residence or rent?
After owning my primary residence for 5 years in northern Virginia, my wife and I are considering relocating. We are considering renting our house or selling it. However, if we were to rent it, we may lose around $300 per month. Although this is far from preferable my thoughts are two fold - 1) with amazon moving to northern Virginia, home prices are expected to go up in the next couple of years and I could hopefully sell it for a decent amount more within the next few years and 2) this could offset my profit from other rentals.
Question - given that I will most likely be losing $300 per month, is it worth holding on to this residence in hopes of getting higher resale value?
Thanks for any input!