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Nicholas Tortorelli Real Estate
Peter Antonian, Nicholas Tortorelli Real EstatePhone: (831) 200-6408
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3 Ways Home Ownership Can Benefit You

by Peter Antonian 10/04/2021

If you’re trying to determine whether it’s better to own or rent a home, there are many factors to consider. Both options have their merits and downsides. Owning a home might seem like the more overwhelming choice of the two, yet there are lots of reasons to consider it. Here are some of the major benefits to home ownership:

Increase Value

Buying a home is an excellent investment. The value of your property can increase naturally over time and even more so with every upgrade to your home. Even responsible upkeep can be enough to maintain and increase the value so that you can get a great price if you decide to sell. If your home is in a quickly growing area with popular schools, access to services and other desirable traits, you will hold incredible value by owning your own property.

Predictable Costs

When you own a home, your regular costs rarely fluctuate. While usage-based utility bills can certainly vary from one month to the next, your mortgage payment will always be the same. This makes budgeting easier and can help you prepare your finances. Property taxes and HOA fees are other examples of regular costs that you can expect on a set schedule.

Freedom to Customize

Home ownership means you have complete flexibility with things like renovations and design. Rather than face restrictions and fees for painting the walls or putting up shelves, you can make those decisions yourself. You can tear down walls, build additions or even replace the roof at will. If your home has outdoor space, you can control your own landscaping design. Freedom to customize your home means the freedom to make it your own.

Home ownership is not for everyone. However, there are some excellent advantages to consider if you’re trying to decide on your next steps in real estate. Keep these things in mind to help you make the best choice.


About the Author

Peter Antonian

As a resident of the Monterey Peninsula since 1991 and former soldier of both Fort Ord and the Presidio of Monterey, Peter is familiar with all our local communities. Outside of real estate he enjoys time with family and friends, volunteering at the American Legion Post 41, and playing golf.

Peter joined CENTURY 21 Showcase, REALTORS® after a tenured career in Corporate America leading and training teams. A recent college graduate with a business degree, along with a great sense of humor, he is looking forward to putting his knowledge to work for you.

Call Peter so he can help you achieve your homeownership dreams!