Owning your own home is a game-changer, my friend. It's not just about the money, though that's important too. There are so many other perks to having a place to call your own that go beyond mere finances. It becomes more than just a roof over your head - it becomes a special part of your life.

Here are some of the top non-financial reasons to buy a home.

Did you know that according to Fannie Mae, a whopping 94% of people they surveyed said that one of the main reasons they want to own a home is to have control over what they can do with their living space? It makes sense, right? I mean, who wouldn't want the freedom to decorate, renovate, and truly make a house their own?

Your home is like your personal sanctuary where you have the freedom to make it truly yours. When you own a home, you don't have to worry about strict homeowner association rules and regulations. That means you can freely decorate and customize it according to your taste and preferences. Whether it's making small tweaks or going all out with major renovations, you have the power to create the perfect home for yourself. It's this unique aspect that sets your home apart and by purchasing it, you're giving yourself the opportunity to shape it to fit your individual style. According to Investopedia, this kind of freedom and personalization is what makes homeownership so special.

““One often-cited benefit of homeownership is the knowledge that you own your little corner of the world. You can customize your house, remodel, paint, and decorate without the need to get permission from a landlord.””

— Investopedia

When you rent a place, sometimes you can't personalize it and make it truly feel like your own. And even if you do make changes, you usually have to undo them before moving out. But when you own your home, you have the freedom to create the perfect space that reflects your style and taste. Being able to customize your home can make you proud of where you live and create a stronger sense of connection to it.

According to Fannie Mae, a whopping 90% of people believe that "Having a Good Place for Your Family To Raise Your Children" is the most important reason to buy a home. Can you believe that? It just shows how much value people place on finding the perfect home for their families.

When it comes to deciding where to live, another thing to consider is where you are in life. Let me break it down for you using information from U.S. News.

““For those with young children, buying a home and putting down roots is a major driver. . . . You don’t want the upheaval of a massive rent increase or a non-renewed lease to impact your sense of stability.””

— U.S. News

So, no matter where you are in life, it’s always nice to have stability and predictability, right? Because honestly, the one thing you can always count on is that things are gonna change. And when life throws you curveballs, it’s comforting to have a place to call home where you don’t have to worry about moving all the time. It just helps you and the people who mean the most to you feel more secure and at ease.

According to Fannie Mae, a whopping 82% of people say that one of the main reasons they want to own a home is because they want to feel connected and engaged in their community.

Owning your own home can actually make you feel more connected to your neighborhood. Did you know that on average, people who own homes live in them for about nine years? That's according to the National Association of Realtors. And during that time, it's only natural to make friends and establish strong bonds within the community. Gary Acosta, the CEO and Co-Founder of the National Association of Hispanic Real Estate Professionals, highlights this fact too.

““Homeowners also tend to be more active in their local communities . . .””

— National Association of Hispanic Real Estate Professionals (NAHREP)

When you really care about the people in your neighborhood, you'll want to do your part to make a positive impact on your local community.

Bottom Line

Owning your own home can really make a difference in your life. It gives you a sense of accomplishment, pride, stability, and a feeling of being connected. If you're considering becoming a homeowner and want to know more about it, let's get in touch and have a chat.