The fact is, owning a house offer more benefits that can have a significant impact on your overall well-being. That makes your home and health correlated. If you’re renting, here are some reasons why you should take into consideration a real estate investment:
Freedom to renovate
The home decor schemes also affect your emotional health. They can be a source of comfort or frustration. Renting gives you little freedom to make changes, but owning a house gives you the right to rearrange and renovate based on your preference. You can repaint, remodel your bedroom, or revamp your outdoor space.
Basically, you are free to do major repairs until you achieve the style that best suits your personality. Does your financial situation prevent you from buying one? Housing programs such as USDA home loans allow you to own a house without a down payment. Just ask the assistance of your local government to see how you can apply.
Growing crops
Indeed, organic fruits and vegetables contain more vitamins and nutrients than those exposed to heavy chemicals. They can boost your immunity, preventing the risks of various diseases. Having your own house gives you the privilege to do gardening and grow crops. By doing so, you give back to the environment. Trees reduce air pollution as they filter toxic particles.
Cooking meals
After the harvesting process, it is time to prepare the meal of the day. And making a dish out of your own crops couldn’t be more satisfying! Because they are fresh, they sure taste good. With a personalized kitchen, you can feel comfortable and get inspired to cook more than in an apartment with limited space.
More livable areas
A large space offers more room for entertainment, relaxation, and activities, improving the quality of your life. Needless to say, it supports gatherings and socialization with friends and family, reducing stress and loneliness. By extending your interior to your exterior space, you can create more room in your house. Just get more creative.
Room for exercise equipment
Exercise improves our physical and emotional health, so it is always important to stay active. And having a space for workout equipment is advantageous, particularly in this time of COVID-19 when most fitness centers are closed. It can help you stay fit without even leaving your house. You may also encourage your kids to join you. Not only will it improve their overall well-being, but also strengthen family bonding.
Peace and quiet
Most apartments are located in a city filled with noise. If you buy a house, you can choose a quiet location. Suburban areas offer a great deal. There, you get to enjoy a peaceful environment away from busy roads and streets. Whether you want to sit on the balcony and watch nature or have a relaxing hot tub before bedtime, you need not worry about loud honks and sirens.
Owning a pet
As we all know, some apartments aren’t pet-friendly. But studies show that owning pets is beneficial. They can sense if you are depressed or stressed out and will try to comfort you. If you feel lonely, your pets make a very good companion. Owning a house allows you to have as many cats and dogs as you want. They usually come with spacious yards, and your pets can roam around freely.
More Benefits of Owning a Home
Cheaper cost
It may seem that owning a house is more expensive because there are different expenses to consider, including the down payment, insurance, and tax. But at the end of the day, you have something you can call your own, unlike rental properties. Not to mention that an apartment costs $1,000 monthly, while a two-story home only costs $900.
Solid investment
While the value of other property decreases after use, that of a home only increases, depending on the location and several other factors such as accessibility, public transportation, amenities, and curb appeal. Should you consider moving and put up your house for sale, you sure can expect a greater return.
Higher credit
Your credit score says a lot about your financial power. The higher it is, the more you qualify for various types of loans. A mortgage usually takes 20-30 years to pay, which is long enough to build your credit score.
Indeed, owning a house is better than renting an apartment. With the help of a professional and looking at reputable house listing websites, you can find the ideal home for you and your family.
