October 18, 2017
In 2015, roughly 30% of all home buyers stated that their primary reason for purchasing a home was the desire to actually have the benefits of living in their own home. Certainly, being a homeowner isn’t for everyone, and there are hundreds of factors that go into being able to afford and maintain a home, but if it’s feasible, it is an excellent decision. Take a look at these 5 benefits of living in your own home.
Having your own home will give you a tremendous sense of pride. Renting an apartment is great and all, but you’ll truly never feel like you actually own a part of this world. Home ownership gives you and your family great pride and you should treat it as a wonderful opportunity and privilege.
When you are living in your own home, you can paint the walls any color you want. You can attach permanent fixtures to whatever room you want, and decorate it to reflect your style and taste. When you’re renting, however, you can’t do any modifications and you’ll always feel restrained by the landlords and apartment rules.
There are plenty of amazing communities around the U.S. that feature safe neighborhoods filled with happy homeowners. When it comes to apartment living, you might be cordial with your neighbors. However, it can be tough to really develop a relationship. One of the major benefits of master planned communities, however, is the neighborhood camaraderie. You’ll feel like you’re actually part of something bigger, even though it’s just you living in your own home.
Though purchasing a home is certainly far from inexpensive, and there are plenty of expenses in making sure your home is in good condition, there are still plenty of financial benefits to being a homeowner. You’ll receive tax benefits on your mortgage, property, and some of the costs of living. In addition, you’ll be able to build equity with mortgage payments (unlike rent checks).
Another major benefit of buying and living in your own home is the stability factor. Staying in a single community for several years will allow you and your family to stay in the same safe place for however long you want and remain stable and secure throughout.
If you want to learn more about the benefits of living your own home or find quality new homes for sale, contact Connerton today. Do not wait to learn more about our community lifestyle today.