Grand Rapids Homeowners Can Make Their Home Truly Their Own

 The Emotional and Non-financial Benefits of Homeownership

The Emotional and Non-financial Benefits of Homeownership | MyKCM

With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to make a move. Here are just a few of the benefits that come with homeownership.

Grand Rapids Homeowners Can Make Their Home Truly Their Own

Owning your home gives you a significant sense of accomplishment because it’s a space you can customize to your heart’s desire. That can bring you added happiness.

In fact, a report from the National Association of Realtors (NAR) shows making updates or remodeling your home can help you feel more at ease and comfortable in your living space. NAR measures this with a Joy Score that indicates how much happiness specific home upgrades bring. According to NAR:

There were numerous interior projects that received a perfect Joy Score of 10: paint entire interior of home, paint one room of home, add a new home office, hardwood flooring refinish, new wood flooring, closet renovation, insulation upgrade, and attic conversion to living area.”

And as a homeowner, unless there are specific homeowner’s association requirements, you typically won’t have to worry about the changes you can and can’t make.

If you rent, you may not have the same freedom. And if you do make changes as a renter, there’s a good chance you’ll need to revert them back at the end of your lease based on your rental agreement. That can add additional costs when you move out.

The Responsibilities of Grand Rapids Homeownership Give You a Greater Sense of Achievement

There’s no denying taking care of your home is a large responsibility, but it’s one you’ll take pride in as a homeowner. Freddie Mac explains:

“As the homeowner, you have the freedom to adopt a pet, paint the walls any color you choose, renovate your kitchen, and more. . . . Of course, along with the freedoms of homeownership come responsibilities, such as making your monthly mortgage payments on time and maintaining your home. But as the property owner, you’ll be caring for your own investment.

You’re not taking care of a living space that belongs to someone else. The space is yours. As an added benefit, you may get a return on investment for any upgrades or repairs you make.

Grand Rapids Homeownership Can Lead to Greater Community Engagement

That sense of ownership and your feelings of responsibility can even extend beyond the walls of your home. Your home also gives you a stake in your community. Because the average homeowner stays in their home for longer than just a few years, that can lead to having a stronger connection to your local area. NAR notes how that can benefit you:

“Living in one place for a longer amount of time creates an obvious sense of community pride, which may lead to more investment in said community.”

If you’re looking to put down roots, homeownership can help fuel a sense of connection to the area and those around you.

Bottom Line

If you’re planning to buy a home this year, there are incredible benefits waiting for you at the end of your journey, including the ability to customize your home, the sense of achievement homeownership brings, and a greater connection to your community. Let’s connect to discuss everything homeownership has to offer.

302 Properties
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$2,650,000
Neighborhood: Elmwood Beach
6
Beds
5
Baths
6,325
Sq.Ft.
2020
Year Built
7
Days on Site
22049533
MLS
Relax and enjoy Life in this custom 6 bedroom/5 bath lakefront home. Located on a cul-de-sac peninsula on Gun Lakes iconic Elmwood Beach Road with 150' of private lake frontage to call your own....
$1,200,000
Neighborhood: Georgetown Shores
5
Beds
3F11/2
Baths
4,676
Sq.Ft.
2013
Year Built
6
Days on Site
22049707
MLS
An absolute classic! This beauty sits with a long lake view of popular Georgetown Shores Lake. Enjoy all sports boating in the summer and hockey and skating in the winter! Gorgeous detail abounds...
3
Beds
2F11/2
Baths
2,672
Sq.Ft.
1963
Year Built
8
Days on Site
22049463
MLS
A rare opportunity: over 5 1/2 acres in the heart of Forest Hills. These three parcels tucked away at the end of a quiet street feature a solidly built, well-maintained brick ranch home, a stable, 3...
$829,900
Neighborhood: Georgetown Shores
5
Beds
3F11/2
Baths
4,106
Sq.Ft.
2014
Year Built
7
Days on Site
22049568
MLS
Opportunity to own a Georgetown Shores home on the west all-sports lake in excellent condition with many upgrades. This home has 102 ft of water frontage, a dock and extra garage in back to hold...
5
Beds
3F11/2
Baths
3,916
Sq.Ft.
1991
Year Built
7
Days on Site
22049587
MLS
The wait is over! This spacious home on 9 acres truly has it all, while completely move in ready! Walk in and experience your cathedral ceilings which boast an abundance of natural light! Throughout...
5
Beds
3F11/2
Baths
4,146
Sq.Ft.
2023
Year Built
6
Days on Site
22049779
MLS
With estimated completion by Feb/Mar, move right into this beautiful brand new Mckinley model by Bosgraaf Homes. No details spared! You'll be wowed by the bright 2-story great room with towering...
$750,000
Neighborhood: Macatawa Legends
6
Beds
3F11/2
Baths
4,034
Sq.Ft.
2017
Year Built
4
Days on Site
22049864
MLS
Welcome to this gorgeous southern style home in Macatawa Legends. A unique find located across from the 11th tee box, this home boasts beautiful bright spaces, a warm living room with dual sided...
$699,900
Neighborhood: Planters Ridge
4
Beds
2F11/2
Baths
2,288
Sq.Ft.
2022
Year Built
7
Days on Site
22049606
MLS
This lovely 2 story home is another beautiful Buffum home. 4 bedrooms, 2.5 bath, 3-stall garage. Open concept floor plan, kitchen wrapped in gorgeous cabinetry, quartz counter tops, hood vent, large...
$699,900
Neighborhood: Planters Ridge No. 3
4
Beds
2F11/2
Baths
2,464
Sq.Ft.
2022
Year Built
7
Days on Site
22049612
MLS
This lovely 2 story home is another beautiful Buffum home. A 4 bedroom 2.5 bath, 3-stall garage. Open concept floor plan, kitchen wrapped in gorgeous cabinetry, quartz counter tops, hood vent, large...
$699,900
Neighborhood: Wildwood Springs
3
Beds
2F11/2
Baths
3,574
Sq.Ft.
2006
Year Built
6
Days on Site
22049785
MLS
Welcome to 17858 Lost Pond Lane! This beautiful home is situated on a wooded cul-de-sac .64 acre lot and features 3,574 sq. ft. with an open floor plan, freshly painted and new carpet, a beautiful...
6
Beds
4
Baths
5,511
Sq.Ft.
2002
Year Built
7
Days on Site
22049553
MLS
Your own private sanctuary nestled on 12+ acres- including a 24x30 Pole Barn/Stable with 3 horse stalls & fenced corral! The interior boasts an open concept chef's kitchen w/stainless steel...
4
Beds
3F11/2
Baths
2,384
Sq.Ft.
2023
Year Built
7
Days on Site
22049586
MLS
Proposed build by Indie Homes. This lot offers over an acre of land and is situated at the end of a cul de sac with beautiful wooded views. Enjoy a quiet and secluded feel while also being just...

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