Which is Better: A Rental or Your Own Home?

By
Real Estate Agent with RE/MAX 4000

reno sparks homes and real estate

Are you wondering if now is a good time to buy a home in Reno or Sparks

Whether renting is better than buying depends on many factors, particularly how fast prices and rents rise and how long you stay in your home. Compare the costs of buying and renting a home in the calculator below. Check the advanced settings button to change inputs such as your rate of return on investments, condo/common fees and your tax bracket.

Owning your own home definately has these advantages:

Better place to raise your children 88%

Better for your family's safety 83%

Better for engagement in the community 80%

Better sense of privacy and security 90%

Buying may not be for everyone. You need to have job security and be sure you want to continue to live in the area.

The New York Times published a great article and a handy Calculator that lets you quickly compare costs and gives you year-by-year statistics for 30 years. It will even tell you which is better buying a home or renting a home based on your personal situation.

All associated costs with owning a home and renting a home are listed for you.

If you think owning is better for you and would like to take a look at current homes for sale in Reno or Sparks, call me, I'm here to help. Sandra (775) 287-8222.

Posted by

Sandra Mathewson

CRS ABR GRI SFR CDPE

RE/MAX 4000 Inc.

call or text (970) 261-1686

I am Sandra Mathewson, a full-time Realtor working both as a listing agent and a buyer's agent. I love using the internet to meet people and keep in touch with friends and clients. I write this blog to show you why Grand Junction, Fruita, Palisade and surrounding real estate is truly something to be desired.

Visit my GrandJunctionHomesGuide.com website if you are considering buying or selling. You will find it as your best online source of information. How is the market doing? I'll keep you posted with the most current MLS reports. You can also search for homes for sale in Grand Junction (including Fruita, Palisade and surrounding areas). Read about the communities, events and things to do in this great Grand Junction, Colorado Lifestyle.

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Sandra Mathewson

CRS,ABR,SRES,GRI,CDPE RE/MAX
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