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.

677 Properties
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$218,000
Neighborhood: Palm Manor
2
Beds
2
Baths
1,056
Sq.Ft.
1981
Year Built
2
Days on Site
D6135135
MLS
$307,900
Neighborhood: Pine Hollow
2
Beds
2
Baths
1,112
Sq.Ft.
1992
Year Built
2
Days on Site
N6131096
MLS
$275,000
Neighborhood: Port Charlotte Sec 069
2
Beds
2
Baths
954
Sq.Ft.
1988
Year Built
2
Days on Site
D6135119
MLS
$1,399,900
Neighborhood: Lemon Bay Estates
3
Beds
3
Baths
2,274
Sq.Ft.
1959
Year Built
2
Days on Site
D6132622
MLS
$449,500
Neighborhood: Stillwater
2
Beds
2
Baths
1,718
Sq.Ft.
2008
Year Built
2
Days on Site
N6131397
MLS
$595,000
Neighborhood: Pelican Lndg/Charlotte Cnty
2
Beds
2
Baths
1,150
Sq.Ft.
1981
Year Built
2
Days on Site
D6135045
MLS
$99,500
Neighborhood: Oak Grove
2
Beds
1
Baths
672
Sq.Ft.
1972
Year Built
2
Days on Site
D6135207
MLS
$415,000
Neighborhood: Port Charlotte Sec 063
4
Beds
2
Baths
1,950
Sq.Ft.
2007
Year Built
2
Days on Site
C7488662
MLS
$398,000
Neighborhood: Stillwater
2
Beds
2
Baths
1,501
Sq.Ft.
2007
Year Built
2
Days on Site
D6135124
MLS
$489,000
Neighborhood: Port Charlotte Sec 064
3
Beds
2F11/2
Baths
1,752
Sq.Ft.
2005
Year Built
2
Days on Site
D6135148
MLS
$405,000
Neighborhood: Arlington Cove
3
Beds
2
Baths
1,560
Sq.Ft.
2011
Year Built
2
Days on Site
D6135111
MLS
$315,000
Neighborhood: Bay Vista Blvd Add 03
2
Beds
1
Baths
1,131
Sq.Ft.
1981
Year Built
2
Days on Site
D6135213
MLS

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