Homeward Bound
Homeward Bound: If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by having a place that’s uniquely your own.
If you want to express yourself by upgrading and customizing your living space but are feeling held back by your rental agreement, it might be time to consider the perks of owning your home.
A Little Change Can Bring Lots of Joy
There’s a significant level of pride that comes from owning a home. That’s because it’s a
space that truly belongs to you.
A recent report from the National Association of Realtors (NAR) shows making updates or
remodeling your home can help you feel more at ease and comfortable in your living space.
NAR measures this with a Joy Score that indicates how much happiness specific home
upgrades bring.
According to NAR
“There were numerous interior projects that received a perfect Joy Score of 10: paint entire interior of home, paint one room of home, add a new home office, flooring, closet renovation, insulation upgrade, and attic conversion to living area.”
The report also breaks down just how much each of these projects can enhance your emotional attachment to your home, even leading you to want to spend even more time in the space (see graph below)
And while many of the items NAR highlights are larger tasks, some, like painting rooms, are much smaller.
Even those quicker projects can still bring you a greater sense of joy and accomplishment. Not to mention when you make upgrades in your home, you could be increasing its value which also gives your net worth a boost if you invest your time and effort wisely.
Homeward Bound: You’re Free To Update Your Home to Your Heart’s Content
These types of updates can result in additional happiness when you complete them, but there’s another reason you can feel good as a homeowner. In most situations, you’re free to renovate or update the interior of your home without needing additional permission. But as Business Insider points out, renters may not have the same freedom:
If you do make changes as a renter, there’s a good chance you’ll need to revert them back at the end of your lease based on your rental agreement. That can add additional costs when you move out. That’s one major benefit of owning your own home. Unless there are specific homeowner’s association requirements, you typically won’t have to worry about the changes you can and can’t make.
Bottom Line
Deciding whether to rent or buy is a personal decision. The financial benefits are critical, but don’t overlook the emotional impact homeownership can have. Let’s connect to discuss all the benefits you can enjoy when you purchase your own home.
40,000th child to have their heart healed through our global network of caring since 1975
Three year old Rea from Kosovo is the 40,000th child to have their heart healed through our global network of caring since 1975.
Rea has an older sister named Tea who is five. She and Tea live with their parents in Gjilan, Kosovo. Rea is especially close to her grandfather. This past June, Rea was diagnosed with a heart defect. Her family was devastated. Her father said he was not able to think about anything else other than the fact that his daughter was ill and needed help. Currently, there is no access to pediatric cardiac care in Kosovo.
When Rea was diagnosed by the local cardiologist in June 2021, she was fortunate that Gift of Life had a training visit scheduled for September of 2021. Rea was put on the list to be screened for
care during that visit.
She was selected as one of the ten surgical candidates scheduled for this visit and was the first child operated on. Thankfully she responded well to the procedure and was able to go home within 7 days with a healed heart.
You can hear directly from her father about the care we provided. Click here.
Whether it’s providing Food for the struggling and hungry through its many food pantries, or providing temporary housing for the displaced or the abused or the homeless, to the jobs programs for struggling neighbors trying to get back on their feet, to the Clothing, the Summer Lunch Programs, the Toy Shop and their Market Place for poverty-stricken neighbors, Must leads the way in restoring lives one person and one community at a time.
SO, YOUR REFERRALS REALLY DO HELP YOUR NEIGHBORS WHO NEED HELP THE MOST!
Who do you know considering buying or selling a home you could refer to our real estate sales team? Not only will they benefit from our award-winning real estate service, a very worthy cause will benefit as well. To refer anyone considering buying or selling a home contact agent or pass agents contact info on to them! Thank you in advance for your referrals! The best number to reach me at is (239) 357-8787.
Over the decades of helping thousands and thousands of families sell or buy the place they call home. We have met so many wonderful, loving, caring people. We are so grateful. Thank you for reading over this months Homeward Bound, and thank you for referring anyone you know considering buying or selling to my team. They will be in good hands and a very worthy cause will benefit as well.
Who do you know considering buying or selling a home you could refer to our real estate sales team?
Not only will they benefit from our award-winning real estate service, a very worthy cause will benefit as well.
Homeward Bound: REFER YOUR FRIENDS, NEIGHBORS, ASSOCIATES OR FAMILY MEMBERS CONSIDERING MAKING A MOVE:
You can pass along our business card to them. I have enclosed a couple here for that purpose.
You can go to WWW.YourHomeSoldGuaranteedRealty-VasbinderInternational.com/referrals_help/ and enter their contact info online or forward the link to someone you know considering a move.
Of course you can always call me direct as well at (239) 357-8787.
