The Value of Real Estate, Part 2: Homeownership

Today I wanted to share another way that real estate can make your life better.

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How does real estate make your life better? The obvious answer is that it allows you to stop paying rent—something that people the world over would love to be able to do—so that you can build equity and to establish a nest egg.

Think about it: No more landlords, no more rent hikes, no more waiting on someone else to make repairs, and no more worrying about whether or not your life is ever going to change.

When you buy a home, it’s yours. You get to explore and design the home to make it what you want it to be, no questions asked. The exception here is if you buy a home in an HOA (homeowners association) because they regulate what can or can’t be done to the outside of the home. But, for the most part, you have complete control over your home.
Owning a house can make your life better because it’s an extension of who you are and who you want to be.
One thing that my wife and I have been pondering recently is whether our identity right now as homeowners is who we want to be—does our home resemble us? We’ve already done a lot to it already, but now we’re wondering, “What’s the next step to make our home embody who we are as a family?”

For example, maybe it’s more land. I would love to have our house back up to open space with a view of the mountains in the background. I’d love a fourth garage where I could park an RV or a boat someday. I’d also love to have more space for dogs—it’s a crazy idea, but I’d love to have 12 dogs and, with open land, we’d have the space to accommodate them.

Owning a house can make your life better because it’s an extension of who you are and who you want to be. Homeownership is a vehicle for self-expression.

If you’ve thought about owning your own home, or upgrading to another home, give me a call. We’d love to chat with you more about your dream and what your home needs to look and feel like for you.


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