Purchasing a home comes in large part with major financial implications and financing a home is a major, if not the primary, consideration when buying a home, especially for first-time homeowners. But there are many more things to take into account when buying a home that often can lift you up more than simply adding a possession to your financial portfolio.
From the freedoms that come with making a house a home to the sense of accomplishment of finally becoming a homeowner, we’ll look at the emotional and non-financial benefits of buying a house in today’s post.
Making a House into a Home
Perhaps one of the most frustrating and limiting parts of renting or leasing a home or apartment is the limitation that comes with knowing you can do better or change things without being able to do so. The overall sense of accomplishment of being able to fully customize a home and customize it to your heart’s content is an enormous emotional boost to home ownership.
Remodeling or at least facelifting your home can help boost your overall pleasure and contentment with your home and gives you a certain sense of pride that you’ve truly settled into your nest. Interior painting, adding office space, refinishing or installing new flooring, and generally making your home more functional and happy are all parts of the emotional increase homeownership gives.
You Gain a Greater Sense of Achievement by Owning
Owning a home certainly comes with a sense of pride and achievement that few other things in the world can provide. Getting married, starting a family, and rearing your children may be a few of the only things that come ahead of homeownership in this regard. Owning a home means you’ve “arrived” at a certain point in your life where you’ve worked and earned enough to finally buy a place to live.
In addition to the achievement of actually owning the home, you can feel a great sense of accomplishment as well by doing the things that make your house a home and taking pride in doing them yourself. Even if you’re not. handy or crafty, almost anyone can repaint a room, move the furniture to the right places, and spruce up kitchens and bathrooms with personal flair. All while beaming with that undeniable sense of pride!
Being a Homeowner Grows Your Social and Community Circles
What many new homeowners don’t realize is just how impactful owning a home can be on your social life and how it can grow your community and embed you into a new one. Renters who live in apartment complexes or multi-family housing may have close relationships with their neighbors, but many go on about their business blissfully unaware of who may live right next door to them.
One of the unforeseen positives of being a homeowner is watching your community grow almost as soon as you move into your new digs. Obviously, your community or area is likely one of the driving forces for where you decided to buy your home, but it’s the people-focused aspect of community that comes into our lives to stay. Look forward to building a new set of relationships with your neighbors and your neighborhood, and you’ll realize one of the greatest emotional boons to buying a home!
