3 Intangible Benefits Of Homeownerhsip

By Fran Campbell - January 18, 2016

When you think of the perks of owning a home, what comes to mind? Many people think of a place to raise a family, a valuable financial asset, and a place to call your own. While these are certainly all wonderful benefits of owning a home at the Lake of the Ozarks, the benefits of homeownership extend far beyond these. Fran Campbell Team is here to look at some of the many intangible benefits of owning your own home.

A Sense Of Belonging

As a renter, you may feel like your place in the community is fleeting. You may only plan to live there for a few months or a few years, depending on your career path and unpredictable financial changes. Because you don't plan on being there for long, you may not take the time to become fully invested in your local community.

As a homeowner, however, you probably plan on living in your home for several years (if not the entire foreseeable future). As a result, you're likely to become more invested in your community, taking steps to get to know your neighbors and improve the community for the benefit of both yourself and others. Neighborhoods and communities thrive when they are comprised of invested, committed homeowners.

A Better Environment For Your Children

Your children are the center of your universe, your greatest gift to the world. Most parents agree that creating a safe, enriching environment for their children is one of their top priorities. Believe it or not, raising your children in a home of your own can give you a great head start on this path.

According to a study by the National Association of REALTORS®, children raised in homes their parents' owned experienced several advantages over children whose parents' rented, including...

Greater likelihood of completing high school
Fewer instances of teenage pregnancy
Better behavior
Greater experience with good financial and life skills that set them up for success

If you want to give your children their best shot, start by buying a house at the Lake of the Ozarks.

Pride

Sometimes "pride" has a negative connotation, but it's important to be able to appreciate the beauty of a well-balanced sense of pride. Being "proud" is different than being "cocky." Being proud of something simply means that you are excited by it and honored for it to be a part of your life.

Homeownership instills a unique sense of pride in all homeowners. There is a great honor in being the sole owner of your home and in being solely responsible for its care and maintenance. Successful homeowners have proven that they are able to care for something responsibly, financially and otherwise. This accomplishment is something every homeowner deserves to be proud of.

Fran Campbell Team - Your Trusted Buyer's Agents At The Lake!

Homeownership comes with so many benefits, both tangible and intangible. If you're thinking about buying a home, you'll need a Lake of the Ozarks real estate agent who will keep your best interests at heart and help you find your dream home. There are a lot of different factors to consider when buying real estate at the Lake of the Ozarks, and our agents will be here to guide you along every step of the process. Give us a call to get started!

Contact the Fran Campbell Team to schedule a showing!