Homes are unique possessions. Those who own houses have an unlimited number of reasons for cherishing their investments in safe, stylish, comfortable living spaces. While homeowners, as a group, could probably list hundreds of benefits of owning instead of renting, there are a few common themes that run through the discussion. Many older adults are most proud of the fact that they’ve paid off their mortgages and own their houses outright. Others fall in love with the overall comfort or beauty of the space they’ve worked hard to improve and upgrade. They tend to view the increased market value of the property as a top benefit of ownership.
The same is true for those who have installed domestic lifts, added decks, or built extensive backyard recreation areas. Likewise, many people place a very high value on living in a safe neighborhood, having a porch where they can enjoy fresh air, being close to shopping areas, or having access to top-rated restaurants and theaters. For a select group of homeowners, a new roof, solar panel array, roomy garage, or security devices are the things in their homes that they value the most. Here are details about a few of the top reasons people love their homes.
Paid Off Mortgage
Money can be a powerful motivator in life. That’s why paying off a mortgage can be a milestone in someone’s life, especially retirees who have worked for decades to own their houses. Completing a mortgage loan contract means no more monthly payments, lower expenses, the chance to boost savings accounts, and a general sense of personal satisfaction that comes from accomplishing a challenging task.
Home Lift Installed
Installing a domestic lift can be a life-changing move for anyone who appreciates the chance to improve the looks of their living space, increase the potential resale value of the property, and eliminate the danger of navigating staircases. Retirees and younger owners who explore the advantages of these home lifts from Stiltz enjoy the variety of styles and price points from which they can choose.
The elegance factor of a newly installed lift is something that must be experienced to be fully understood. Visitors who realize you have a domestic lift are surprised to find out how quiet and convenient the units are. Not only are today’s lifts energy efficient and designed for comfort, but they’re also as classy looking as ever, complete with see-through compartments, carpeted floors, and whisper-quiet operation.
Market Value Increase Since Purchase
For certain groups of adults, ownership is all about money. So, when market prices rise from year to year, they’re very happy. Of course, anyone with a value-oriented mentality will tend to focus on making worthwhile additions like lifts, new roofs, swimming pools, solar panels, and dozens of other upgrades. A second aspect of the value factor is subtle and relates to the ease of selling a listed property.
People upgrade their living spaces for all sorts of reasons, but they reap at least three rewards by doing so. In addition to the higher price tags, sellers enjoy more attention for the listing, which translates directly into more bids. Finally, money spent on improvements and renovations never goes to waste if it makes the space more comfortable, energy efficient, or secure.
Front or Back Porch, or Both
Adults of all ages have a fondness for porches, whether the amenities are on the front, back, or both areas of a structure. For centuries in Eastern and Western cultures, the porch has served a variety of unique, interesting purposes. Not only do the platforms offer residents a chance to enjoy fresh air without venturing too far, but they also provide the following:
- A safe place for children to play.
- An area where moms and dads can sit and enjoy the cool evening air.
- A secure space for storing lawn furniture and similar items.
Safe Neighborhood
Ask any parents who have young children about why they enjoy their homes, and you’re likely to hear the word safety pop up at least a dozen times. For moms and dads who want the most secure play and living environment for their youngsters, safe neighborhoods are the top priority when searching for residential real estate. What does safe mean in this situation? In addition to low crime rates, it also refers to a space where there is not a huge amount of vehicle traffic, police regularly patrol, and other families with children reside. Use online resources to find numerical safety ratings for specific geographic locations before you set out to purchase a new place.
Security Features
Security devices like surveillance cameras, motion-sensitive outdoor lights, smart locks, window alarms, and doorbell cams are just a few of the components that many add to their living space to make it more secure from break-ins and intrusions of all kinds. For working adults who reside in urban areas, maintaining a high degree of personal safety is a top priority. For single women who want the most secure environments possible, adding tech components like alarms and spotlights is the most efficient way to achieve personal security goals.
New Roof
For many consumers who want to move to a new location, a structure that has recently had a roof replacement is a highly attractive property. Roofs are not inexpensive, and they need to be replaced infrequently. So, a brand-new one means at least 15 years of worry-free living and the peace of mind that comes with having a solid covering over your living space. Those who have owned more than one house know the value of a new roof. They tend to view a replacement as a major long-term investment.
Roomy Garage
A spacious garage serves multiple purposes. Not only are garages a great place to protect vehicles from theft and break-ins, but they serve as versatile storage facilities for those who are happy to park their cars outside. If you don’t own a car, it’s possible to convert a garage into a second bedroom, recreation area, or workshop.