Buying and owning your home can make a huge difference in your life; It brings you joy and a sense of belonging. And with June being National Homeownership Month, it’s the perfect time to think about all the benefits homeownership provides. 

Although there are financial reasons to buy a house, it’s also important to consider the non-financial benefits that make a home more than just where you live.

Here are three main values of owning your home:

1. You may feel happier and more fulfilled! Owning a home is associated with better mental health and well-being. Gary Acosta, CEO and Co-Founder at the National Association of Hispanic Real Estate Professionals (NAHREP) explains that studies have shown the psychological benefits that homeownership has on a person's health and self esteem.

2. You can engage and make better relationship with your neighbors! Your home connects you to your community. Homeowners tend to stay in their homes longer than renters, and that can help you feel more connected to your community because you have more time to build meaningful relationships.

3. You can customize and improve your living space however you want to! Your home is a place that’s all yours. When you own it, unless there are specific homeowner’s association requirements, you’re free to customize it however you see fit. Whether that’s small home improvements or full-on renovations, your house can be exactly what you want and need it to be. As your tastes and lifestyle change, so can your home. Renting can limit your ability to personalize your living space, and even if you do make changes, you may have to undo them before your lease ends. The ability homeownership gives you to customize and improve where you live creates a greater sense of ownership, pride, and connection with your home.

All that being said, owning your home can change your life in a way that gives you greater satisfaction and happiness.

source: keepingcurrentmatters