Buying a home isn’t a decision that should be taken lightly. Trading the relative freedom of renting for the long-term commitment of owning is a daunting prospect. However, there are a few telltale signs that signal when the time is right to take the leap.
Owning a home is still the American Dream, and the timetable is variable for every homebuyer. To help your decision-making process, here’s a list of signs that point to homeownership:
You Need More Space
Whether you need more bedrooms for your growing family or additional square footage for your belongings, if the walls of your apartment are closing in around you, it’s the right time to find a new home.
The most common reason for considering a move is the desire for more space. For example, if you have dreams of working in a home office, hosting a backyard barbecue, or gardening, start looking for a new home with a flexible floor plan that can be tailored to your needs.
You Want to Express Yourself
Buying a new home allows you almost limitless options to create an environment that expresses your individuality and meet your unique needs. Paint the walls in colors that excite you, and choose materials — from innovative bathroom faucets to fresh flooring — that reflect your personality. Build a workshop in the garage, a playroom in the attic, or a bookshelf-filled home office. It’s your home, and it should be a personal retreat!
If you buy a new construction home in Gambrill View, you work with our builder to tailor a floor plan that works for you. We’ll help you design your perfect kitchen, bedroom, bathroom, and more to create a landscape that makes you happy.
Long-Term Finance Goals
There’s no exact timetable to guide your decision-making process when buying a new home. Yet, a good barometer is when you look at your finances and decide that you’d rather build home equity rather than pay rent. It’s a common catalyst for beginning a home search and saving money for your future.
Community Spirit is Important to You
While apartment living is fun, the relationships you build with neighbors become more important over time. Contrary to apartment neighbors subleasing and leaving every few months, buying a home in a well-planned community offers stability and cooperation that doesn’t often exist within rental properties.
When you weigh the pros and cons of renting versus owning, one of the advantages to the latter is the stable lifestyle and community satisfaction that’s innately part of homeownership.
You’re Planning For The Future
Buying a home is not only a choice for the present but an investment in your future. One of the prime reasons for homeownership is that homes appreciate in value over time. New construction homes typically appreciate at a faster rate than resale homes.
Whether you plan to live in a home for only a few years or to establish lasting roots, it’s smart to choose a new home that offers future security and growing value.
Your Home Doesn’t Fit Your Lifestyle
A fresh new home in the suburbs isn’t the only option for homeownership. Owning a townhome is ideal for both young professionals and empty nesters, offering the financial advantages of homeownership and lifestyle options similar to apartment living. No matter your lifestyle, it’s important to take inventory of your personal future.
Do you love yard work? Do you prefer a round of golf? Consider buying a new home with a big backyard or near a golf course.
Are you a gourmet cook or would you rather visit a trendy restaurant? Buy a new home that’s in an up-and-coming city with a variety of fun amenities, and more.
Are you a workaholic or a weekend warrior? Are you a homebody or a traveler? Buy a new home in a community that’s close to highways and public transportation, so you can get out and about.
There’s no exact “right time” to buy a home. Great communities, like Gambrill View in Maryland, will help you move when you’re ready. We offer multiple innovative floor plans and models for your lifestyle and great value for your long-term investment!