The Benefits Of Home Ownership

 

The decision to purchase a home is exciting and a major investment for your future. Because there is only so much of it to go around, real estate is the top choice for many investors and the desire for most families. This article is designed to highlight some of the many benefits of home ownership and how buying a home can often turn the American Dream into a reality.

One of the most profitable markets in real estate is rentals, which means that many families are paying to live in a home that isn't their own. In some cases, renting a home is necessary. For all others, the money that would be spent on rent could instead be used to pay a mortgage. In fact, monthly rent payments often exceed that of a typical mortgage payment. One of the greatest benefits of home ownership is putting money into something that you can call your own and knowing that the monthly payments are going toward your home's equity.

Speaking of equity, many properties experience a growth in value as more development moves into the area or the economy strengthens through an increase in job opportunities. If this happens, home values soar and owners can bask in the glory of their newfound profit. When you purchase a new car, it depreciates the moment that you drive off of the lot. When you buy a home, however, it has the potential to appreciate year after year. There are few things in life that can offer you a return above and beyond your original purchase price, but a home can.

When you own a home, you will enjoy the freedom of decorating and making any changes that you choose without needing the permission of a landlord or property owner. In addition, you may even be able to use your home's equity to finance some needed improvements and/or repairs. In some cases, these changes may even increase the value of your home. An upgraded kitchen or bathroom, hardwood flooring or an additional room are examples of changes that could result in added value.

Another advantage of home ownership is the tax benefits that are available. The interest paid on a home mortgage as well as most property taxes paid are tax deductible. For additional information on deducting mortgage interest and property tax, consult the IRS or a tax professional.

In addition to providing yourself and your family with a feeling of stability and permanence, home ownership can also help strengthen your credit profile through timely mortgage payments and a steady financial history.

I've posted a new listing!

I've posted a new listing!

301 Sherwood Forest, Somerville, TX 77879

This property is amazing! It is located at 301 Sherwood Forest in Somerville, TX in Birch Creek Forest.  This subdivision is located off of Park Road 57. 

The property has two bedrooms with one and a half baths.  The property has a front porch and a large deck.   It was built in 2004 and it sits on four lots.  It is located on the corner of Sherwood Forest and Sweet Gum. The property has had new electrical wiring and a new septic system installed in 2014.  The subdivision has a swimming pool, tennis courts, community center and a Volunteer Fire Department.

The property faces Sherwood Forest.  The covered front porch makes sitting out enjoyable even if it is raining.

The living area is spacious with amble room for your family and guest. The room has been freshly painted.

The kitchen/dining area is located in the center of the house.  There is a door that leads to the back patio.  The kitchen has an electric range, refrigerator, built in dishwasher and an island.  The stairs to the upper level is also in the kitchen.  The laundry room is also located off the kitchen and you could also use this area as an office or study.

The master bedroom is located downstairs and it has the full bath.  It is located off kitchen.  It has a window that looks out to the side yard.

This is a view of the loft.  It is located over the master bedroom.  This is also where the half bath is located.  This picture was taken from the kitchen.

 This is a view of the loft.

 This is a view looking at the kitchen from the loft

 This is another view of the kitchen from the loft

 



 

This is the covered patio area.  It looks out to the back yard. There is amble room for entertaining and BBQ's. 

 

This is the carport and driveway with storage.

 



All this can be yours for $99,000.00

824 Gray Street, Caldwell, TX Open House

This home is located near down town.  It has 3 bedrooms, 2.5 baths with a formal dining and study/office. 

As you can see the yard is beautifully landscaped with large trees.  The front has a small covered porch surrounded by flower beds.

The back yard has large trees and an open field behind the property. This gives you the feeling of living in the country, yet living in town!

 

 

This is the front door and foyer.  This area is open to the living area as well as the formal dining.

This is the living area.  It has windows that look out to the front yard, fireplace and built in entertainment center.  The living area is sunken and there is a raised walkway between the living area and the formal dining. The flooring is tile.

The formal dining is open to the living area.  It looks out to the outdoor kitchen and back yard.  There is a door that leads out to the patio/kitchen area.  Also, the dining area has a wet bar. The flooring is tile.

The kitchen has an electric stove with a built in microwave.  The counter tops are granite and the flooring is tile.  The drawers are large enough to hold your pots and pans. The glass in the cabinets give you a great way to display your beautiful dinnerware.

The kitchen sink has a window above it so you can look out to the front yard.  There is a built in dishwasher and lots of open countertop space.

Look at all these cabinets!  Are you like us, never enough cabinets to hold everything you need in your kitchen but you don't want to keep all the small appliances out on the counter top?  Here you go!

Check out this pantry!  Storage on the shelves as well as on the door.  What a great way to organize everything you need in one place~

The refrigerator is located between the pantry and counter space/cabinets.  As you can see the countertop by the sink has room for a bar stool!

The office/study has a room for a large work station. There is a window that looks out to the side of the yard/driveway.  This room is located between the kitchen and the garage.

The half bath is located in the hall by the garage and the kitchen.  This half bath makes it easy to clean up after being outside working in your yard!

This is a regular size bedroom with a large closet.  The window is looks out to the side yard.  This bedroom is located off the living area.

This is regular size bedroom with a large closet. The window also looks out to the side yard.  There is a bath located between both bedrooms

This is a Hollywood bath located between the two regular bedrooms.  It has a tub/shower combination.

The master bedroom is located at the back of the house.  It has a door that leads out to the patio/kitchen area and a window that looks out to the patio.  There is a large walk in closet, ceiling fan and crown molding.



 The master bath has a large tub with a window that looks out to the back yard. Ample room to decorate around the tub or use for storage of bath supplies.

The water closet is located by the tub and across from the shower.

There is a large walk in closet in the master bath.

Double vanities and a sitting area make this a nice addition in the master bath!

The driveway is extra long and the garage is on the side of the house.  There is room to play games, extra parking, store a trailer, etc.

The storage shed has room for all your outdoor tools as well as a lawn mower.  It sits in the back yard and there is an open field behind it.

The outdoor kitchen/patio area is amazing!  There is a roof that covers the entire kitchen so you can enjoy it even when it rains!  The flooring is tile and there are ceiling fans to help keep you cool in the hot summer months.  The BBQ grill is built in, there is a sink and granite countertops!  There is store for your pots/pans and utensils. There is additional storage where the roof joins the roof of the house and there is also connections for a TV!  What more could you ask for!

This home is a must see!  You get all of this and more for $220,000.00!!!


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