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The true joy of owning a home

Real Estate Agent with Thompson Company, REALTORS® 240.593.2860 MD594797

Owning a home comes with many benefits. Managed well, it is like a savings account that can pay off handsomely. It is the best long-term investment one can make, and a path to building generational wealth. 

Long-term, however, does not lead to instant gratification. But being able to come home to the place you love every day, sure does. The true joy of owning a home lies in the opportunity to create a sanctuary. 

You get to paint with the colors of your soul. You get to landscape to your heart's desire, change the fixtures, widen the porch, transform an old playroom into your home office, hang wallpaper, install molding, add a firepit, get the hot tub out back you've always dreamed of, convert an attic, finish the basement... you get to dream, create, and turn a vision into a reality. Even with a small renovation budget, big changes are possible, changes that will feel like you've (finally) arrived home. This house is you. That is the true joy of owning a home. 

I ponder these thoughts quite often. When I am starting or finishing another project in my own house, the one that didn't always feel like a sanctuary, nor me, or when I'm out and about exploring another (historic) subdivision, or taking a stroll with a friend and, of course, stopping frequently to photograph houses, or when I am house hunting with my clients. 

This is also one of the purest joys of being a REALTOR®, to be chosen to help write another Real Estate story, to find the house that my buyers will turn into their home, to witness another happy closing day, and to return months or years later and marvel at the changes that its new owners proudly point out to me. I love being part of the journey! It just never gets old. 

Here's to hoping that we'll see interest rates move below the 6% mark again very soon, so more buyers will be able to experience the true joy of owning a home. 

duplex in the Savage Mill historic district 

This lovely color-coordinated pair of a duplex is home in the Savage Mill Historic District, one of my favorites in Howard County. Neither one is currently for sale, but I'd be delighted to help you find one just like it. 

Posted by

Andrea Bedard
Thompson Co., REALTORS®

Silver Spring, Maryland

Fluent in Real Estate and German.
Old house lover.
Accredited Buyer's Agent.
Certified International
Property Specialist.
REALTOR® on the Run.

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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I agree that it is a true joy to see someone make that move to home ownership - such a life changer. 

Jan 15, 2023 08:20 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
Jan 16, 2023 02:36 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

There are definitely benefits to owning a home versus renting one. Want a magenta wall? Go for it!

Jan 16, 2023 04:43 AM
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

This is an excellent post with great information. Thanks for sharing it.

Have a super fantastic week!
Joe Jackson, Realtor-KWCP

Jan 16, 2023 04:57 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Owning a home comes with a lot of work as well, but it is totally worth it and a far better option than renting.

Jan 16, 2023 06:08 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Andrea, definitely maintaining your property has BIG payoffs, and you can financially be safe if done well.  Love your feature property!

Jan 16, 2023 06:21 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Andrea - I enjoyed this trip.  While homeownership has financial benefits, there are those that can enhance the experience to a much greater degree.  

Jan 16, 2023 06:46 AM
Lynn B. Friedman CRS Atlanta, GA 404-617-6375
Atlanta Homes ODAT Realty - Love our Great City - Love our Clients! Buckhead - Midtown - Westside - Atlanta, GA
Concierge Service for Our Atlanta Sellers & Buyers

Hi Andrea - Happy Healthy New Year to you and your family.

What a warm, welcoming post! Interesting to use a home that is appealing to you but not actually for sale! All the best - Lynn

Jan 17, 2023 03:01 PM
Andrea Bedard
Thompson Company, REALTORS® 240.593.2860 - Silver Spring, MD
Fluent in Real Estate & German, M.A. ABR ASP CIPS

Thank you all for stopping by! It's always good to see you! Yes, it takes ongoing investment and maintenance, but it's so worth it to have a space that you can fix up/change/decorate to your heart's desire. 

Jan 17, 2023 05:24 PM