More Than an Investment: Appreciating the True Value of Having a Place to Call Home

Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Homeownership Month, it’s the perfect time to think about all the benefits homeownership provides. 

Of course, there are financial reasons to buy a house, but it’s important to consider the non-financial benefits that make a home more than just where you live.

Here are three ways owning your home can give you a sense of accomplishment, happiness, and pride. 

You May Feel Happier and More Fulfilled 

Owning a home is associated with better mental health and well-being. Gary Acosta, CEO and Co-Founder at the National Association of Hispanic Real Estate Professionals (NAHREP), explains:

“Studies have shown the emotional and psychological benefits that homeownership has on a person’s health and self-esteem . . .”

Similarly, Habitat for Humanity says:

“Residential stability among homeowners is related to improved life satisfaction, . . . along with better physical and mental health.”

So, according to the experts, owning a home can improve your psychological wellness by making you feel happier and more accomplished.

You Can Engage in Your Neighborhood and Grow Your Sense of Community

Your home connects you to your community. Homeowners tend to stay in their homes longer than renters, and that can help you feel more connected to your community because you have more time to build meaningful relationships. And, as Acosta says, when people stay in the same area for a longer period of time, it can lead to them being more involved:

“Homeowners also tend to be more active in their local communities . . .”

After all, it makes sense that someone would want to help improve the area they’re going to be living in for a while.

You Can Customize and Improve Your Living Space

Your home is a place that’s all yours. When you own it, unless there are specific homeowner’s association requirements, you’re free to customize it however you see fit. Whether that’s small home improvements or full-on renovations, your house can be exactly what you want and need it to be. As your tastes and lifestyle change, so can your home. As Investopedia tells us:

“One often-cited benefit of homeownership is the knowledge that you own your little corner of the world. You can customize your house, remodel, paint, and decorate without the need to get permission from a landlord.

Renting can limit your ability to personalize your living space, and even if you do make changes, you may have to undo them before your lease ends. The ability homeownership gives you to customize and improve where you live creates a greater sense of ownership, pride, and connection with your home.

Bottom Line

Owning your home can change your life in a way that gives you greater satisfaction and happiness. Let’s connect today if you’re ready to explore homeownership and all it has to offer.

652 Properties
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$259,900
Neighborhood: Waters Edge Ph 01 Bldg R
2
Beds
2
Baths
1,143
Sq.Ft.
1984
Year Built
1
Day on Site
D6136565
MLS
$1,673,800
Neighborhood: Gulfridge 2Nd Add
5
Beds
4
Baths
2,378
Sq.Ft.
1955
Year Built
2
Days on Site
D6136428
MLS
$600,000
Neighborhood: Live Oak Landings Ph 03
2
Beds
2
Baths
1,357
Sq.Ft.
2001
Year Built
2
Days on Site
D6136591
MLS
$210,000
Neighborhood: Tangerine Woods
2
Beds
2
Baths
1,040
Sq.Ft.
1989
Year Built
3
Days on Site
U8243181
MLS
$649,900
Neighborhood: Port Charlotte Sec 084
3
Beds
2F11/2
Baths
2,043
Sq.Ft.
1989
Year Built
3
Days on Site
C7492725
MLS
$315,000
Neighborhood: Sanctuary At Golden Tee Ph 01
4
Beds
2F11/2
Baths
1,755
Sq.Ft.
1994
Year Built
3
Days on Site
D6136449
MLS
$850,000
Neighborhood: Boca Royale
3
Beds
2F11/2
Baths
2,312
Sq.Ft.
2021
Year Built
3
Days on Site
D6136570
MLS
$325,000
Neighborhood: Holiday Mob Estates 2Nd Add
2
Beds
2
Baths
1,296
Sq.Ft.
1987
Year Built
3
Days on Site
A4610914
MLS
Open 5/19
25509 Royal Tern Ln Englewood,  FL 34223
$859,900
Neighborhood: Beachwalk By Manasota Key Ph
3
Beds
2F11/2
Baths
2,098
Sq.Ft.
2023
Year Built
3
Days on Site
O6206165
MLS
$198,900
Neighborhood: Hol Mob Estate 3Rd Add
3
Beds
2
Baths
1,296
Sq.Ft.
2003
Year Built
4
Days on Site
D6136548
MLS
$219,000
Neighborhood: Village At Wildflower Cc Ph 03 B
2
Beds
2
Baths
933
Sq.Ft.
1987
Year Built
4
Days on Site
T3486753
MLS
$169,000
Neighborhood: Oyster Creek Mhp
2
Beds
2
Baths
972
Sq.Ft.
1990
Year Built
4
Days on Site
D6136574
MLS

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