5 Reasons to Invest in a Home

Posted by:
Dennis Nottingham
November 24, 2022
4 minutes, 3 seconds
Copied
Share
Copied

Investing in a home is both an emotional and sustainable investment. It is the place that will provide you with shelter and security and it is also the precious space you will spend your days and nights in you will call home and make memories in. In this article we are bringing you 5 reasons why you should invest in a home. We will also link you to 3 of our amazing agents that you can get in contact with to simply ask questions, or if you’re interested, start browsing homes that meet your financial and location needs. Let’s dive in!

1. Modify Freely As Your Needs Grow

One of the greatest qualities of owning a home is the ability to transform your home into whatever you need it to be as you and your family grow over the years and needs change. An example would be the unexpected pandemic of COVID-19. This pandemic has made a big impact in remote working. During lockdown, we were able to work from the comforts of our own home. Of course everyone made due with the space they had, but those with a home office were able to sit down comfortably and have a proper working environment and space. Qualities that make a great home office include space, being closed off from active and noisy areas of the home and windows to invite lots of natural light in.

2. Enjoy Increased Privacy

In an apartment, it’s easy to feel overly cautious of the noise you make in having neighbors on your left and right, and below you and above. With your own home, you can relish in increased privacy, something apartments can’t offer. This increased privacy comes with increased space as well which is another win to collect in having a home versus an apartment. 


3. Enjoy Tax Benefits

Some tax benefits you as a current or future homeowner can expect to benefit from include deductible interest in many cases, the amount you pay in property taxes is deductible, collect tax deduction points over the period of your loan, PMI (private mortgage insurance) can be deducted in some cases and if you work at home you can deduct your home office expenses and the space that is used. 



4. Pay Predictable Monthly Payments

In renting an apartment, tenants can expect to have some amount of increase to their rent every year as the cost of living increases. In owning your own home you can find financial comfort in having predictable monthly payments, avoiding the annual increase in home finances that apartment renters find themselves in.


5. Take Pride In Ownership

The last reason on our list as to why you should invest in a home is that you get to take pride in ownership. Feel great about owning the precious space that you call home, being able to modify it freely as your needs grow and enjoying increased space and privacy.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related articles

RE/MAX Advanced Realty just listed the Iconic Mug-n-Bun for Sale! This vintage drive-in has been serving fine food on Indy's West side since 1960. Located just a stone's throw away from Indianapolis Motor Speedway, Mug-n-Bun has been a staple to the community for 63 years. They have served generations of Speedway diners, including race lovers, […]
January 11, 2023
The worth of the property you're using as security is determined by a property appraisal, which is a crucial stage in the application process for a home loan. Although it may seem far off in the current real estate market, vendors were worried about falling property values not so long ago. This could strain the economy, and a […]
December 20, 2022
Before you sell your home there are a few things you need to tackle to ensure you get the most for your offer and sell with your home in quick time. In this article, we are bringing your 5 things every homeowner needs to do before they sell their home. 1. Increase Curb Appeal Increasing […]
November 24, 2022
RE/MAX Advanced Realty

8313 W. 10th St
Indianapolis IN 46234
dennis@indyhomepros.com
317-316-8224

© 2022 Copyright RE/MAX Advanced Realty. All Rights Reserved.