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The benefits of owning a home.

Concerning home ownership, some people dream of owning a home of their own home  just because society says it's good. And so they accept it as the right thing to do. However, we are going to examine some reasons why house ownership is actually the real deal.


1.  Appreciation

Simply put, appreciation refers to a rise in value, and in this context, we mean increase in home value over time. Although the value doesn't drastically increase in a Short time, it surely appreciates gradually with time such that if you stay in your home for a long time, you'll definitely get to sell it and make a profit when you choose to. There may be cases of structural depreciation, but a home owner still get to sell the home for a profit because of the land beneath.


2. Joy of ownership.

There's this feeling you get when you know you've accomplished something. This joy comes when you realise you don't need a landlord's permission before you can customize your house. You choose what stays where, colours and furniture inclusive. You just know you own this little portion of the world.


3. It increases your net worth

Net worth is calculated by subtracting all of your liabilities from your total assets. You can increase your net worth by increasing your assets and reducing your liabilities. Your home is one of your biggest assets, and the more value you attach to it, the more value you add to your net worth. quite a number of people have reached out to as to inquire about ibeju lekki land price as they have found over time, properties in this area keeps appreciating in value.


4. Privacy and security

 A landlord can choose to evict an occupant for little or no reason at all. But your home is yours until you decide to sell it. As a homeowner, you will never be made to move due to external reasons beyond your control.

It also gives you an edge over nosy landlords and loud neighbours. The privacy that comes with owning  your home is second to none.


5. More Conducive environment 

Apart from the fact that you can keep pets, plant flowers and other things to personalise your environment, children tend to grow better when they are exposed to social and environmental stability.  It saves them the emotional stress of having to be separated from peers and schools they are used to.