Why is it Better Owning a Home than Renting

There are situations where it's advisable for a person to rent, but most often home ownership has many more benefits and advantages than renting.

Stable Housing Costs

Rent payments can be unpredictable and are typically increased every year, but most mortgage payments remain unchanged for the entire loan period. Equally if taxes or HOA payments go up, the increase is usually gradual. This stable housing cost especially notable in times of inflation, when renters tend to lose money and owners tend to make money.

Tax Savings

Homeonwers can be eligible for signifigant tax savings because you can deduct mortgage interest and property taxes from your federal income tax, as well as many states' income taxes. This can be a considerable amount of money at first, because the first few years of mortgage payments is made up mostly of interest and taxes.

Equity

Instead of payments making their way into someone elses pocket, home owners are building equity in their own home.  It is like having a schelduled savings account that grows faster the longer you have it. This is often one of a person's biggest investment assests.

If the property appreciates, and generally it does, your home equity grows. And you are the one who gets to take advanatge of that, not the landlord. You can then use this equity to plan for future goals like your child's education or your retirement.

It is Yours!

When you own a home you are in control. You the freedom to decorate it and landscape it any way you wish. You can have a pet or two. No one can pop in and inspect your home and threaten to evict you.

When considering home ownership, you need to weight the advantages and disadvantages for yourself. If you are like most people, you will find that homeownership is worth the risks and disadvantages.

See in the infograph below with some interesting and impresive stats of homeowners.

Is still the Dream

320 Properties Found. Showing 1-12
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2442 Tree Ridge Lane
Orlando, FL 32817
2442 Tree Ridge Lane Orlando, FL 32817
1 of 24
$244,000 ( $6,000 )
Subdivision: Arbor Ridge West
BEDS
4
BATHS
2
SQ.FT.
1,664
BUILT
1983
ON SITE
6Days
MLS
A4413519
Beautiful 4 bedroom,2 bath, 2 car garage one story home with many Renovations . This Corner Lot home's well-designed floor plan includes many upgrades like Vinyl floors throughout entire home....
2810 Avian Loop
Kissimmee, FL 34741
2810 Avian Loop Kissimmee, FL 34741
1 of 35
$359,000 ( $20,000 )
Subdivision: Tapestry-Ph 3
BEDS
4
BATHS
3
SQ.FT.
2,387
BUILT
2018
ON SITE
6Days
MLS
O5733985
BRAND NEW HOME! OWNER ONLY LIVE THERE FOR ONE MONTH. No waiting from builder to build out. This is Palmetto Contemporary Floor plan, with 4 bedrooms 2.5 bathroom, one study room down stair with fresh...
9712 Heron Pointe Drive
Orlando, FL 32832
9712 Heron Pointe Drive Orlando, FL 32832
1 of 20
$290,000 ( $10,000 )
Subdivision: North Shore/Lk Hart Prcl 01 Ph 01
BEDS
4
BATHS
2
SQ.FT.
2,065
BUILT
2004
ON SITE
9Days
MLS
O5733161
Come check out this 4 bedroom, 2 bath, single story home in a gated community. This layout is open and spacious, perfect for entertaining and boasts ample amounts of natural light. Stereo surround...
14309 Mandolin Drive
Orlando, FL 32837
14309 Mandolin Drive Orlando, FL 32837
1 of 27
$279,900 ( $5,000 )
Subdivision: Hunters Creek Tr 135 Ph 05
BEDS
3
BATHS
2
SQ.FT.
1,576
BUILT
1992
ON SITE
9Days
MLS
O5732823
Newly Renovated & Ready for its new owners. This immaculate 3 bedroom 2 bath residence is located in Tanglewood ; one of Hunters Creek's most highly sought after and only Guard-Gated Community. Brand...
8021 Indian Creek Boulevard
Kissimmee, FL 34747
Open House
8021 Indian Creek Boulevard Kissimmee, FL 34747
1 of 25
$280,000 ( $8,000 )
Subdivision: Indian Creek Ph 02
BEDS
5
BATHS
4
SQ.FT.
2,136
BUILT
2002
ON SITE
9Days
MLS
O5714042
Built in 2002, this 1-story Kissimmee home offers an in-ground pool, and a 2-car garage. Upgraded features include fresh interior and exterior paint, and new carpet in select rooms. Home comes with a...
2532 Woodgate Boulevard #205
Orlando, FL 32822
2532 Woodgate Boulevard #205 Orlando, FL 32822
1 of 13
$85,000 ( $40,000 )
Subdivision: Dockside Condo
BEDS
1
BATHS
1
SQ.FT.
680
BUILT
1987
ON SITE
9Days
MLS
O5731318
"As Is" Property being sold about 15 mins away from Orlando Airport at Dockside at Ventura. This condo has many perks! It comes furnished, and also with a renovated bathroom, Nest Cam, Nest Door...
5280 Hawk Drive
Kissimmee, FL 34746
5280 Hawk Drive Kissimmee, FL 34746
1 of 17
$220,000 ( $10,000 )
Subdivision: Indian Wells Unit 06
BEDS
2
BATHS
2
SQ.FT.
1,123
BUILT
1989
ON SITE
9Days
MLS
O5733207
Location, Location, Location! Perfect for Investors. Rented single family residence in a sought after community within 8 minutes from Disney World, Walking distance to shopping and dining, and very...
824 Gaston Foster Road
Orlando, FL 32807
824 Gaston Foster Road Orlando, FL 32807
1 of 25
$250,000 ( $5,000 )
Subdivision: Dover Shores Add 14
BEDS
4
BATHS
2
SQ.FT.
1,541
BUILT
1967
ON SITE
8Days
MLS
O5733404
Rare opportunity to own a home near downtown Orlando and no HOA! Beautiful Move-In Ready 4 Bedroom + Office home / bonus room in highly sought-after Dover Estates Neighborhood! As soon as you enter...
316 Lariat Lane
Kissimmee, FL 34743
316 Lariat Lane Kissimmee, FL 34743
1 of 3
$169,900 ( $9,100 )
Subdivision: Buenaventura Lakes Unit 11
BEDS
2
BATHS
1
SQ.FT.
759
BUILT
1984
ON SITE
10Days
MLS
O5732943
Excellent property for first time home buyers. Completely remodeled. New roof, new a/c, new landscaping, new fence, new doors and new windows. Great neighborhood and great cul de sac location. All...
2478 Caravelle Circle
Kissimmee, FL 34746
2478 Caravelle Circle Kissimmee, FL 34746
1 of 28
$174,900 ( $5,000 )
Subdivision: Coral Cay Resort
BEDS
4
BATHS
3
SQ.FT.
1,400
BUILT
2007
ON SITE
11Days
MLS
O5732844
Coral Cay Resorts is a private gated community with a wonderful club house and facilities. Enjoy the game room, kitchen, living room lounge, gym and theater room. This club has a nice size pool,...
2352 Grand Central Parkway #3
Orlando, FL 32839
2352 Grand Central Parkway #3 Orlando, FL 32839
1 of 35
$189,900 ( $9,100 )
Subdivision: Estates/Pk Central Condo
BEDS
2
BATHS
3
SQ.FT.
1,250
BUILT
2006
ON SITE
12Days
MLS
O5732766
PRICE JUST REDUCED! New carpet, new laminated, freshly painted. This 2/2.5 townhouse style condo comes with a large two car garage with remote. Balcony located on second floor with kitchen, dining...
4314 Rundle Road
Orlando, FL 32810
4314 Rundle Road Orlando, FL 32810
1 of 31
$219,000 ( $6,000 )
Subdivision: Eden Park Estates
BEDS
4
BATHS
3
SQ.FT.
1,884
BUILT
1971
ON SITE
12Days
MLS
O5732775
NO HOA. Here is your opportunity to own this Well Maintained, Move In Ready 4 bedroom, 3 bathroom home. Nice open floor plan. The home has an Upgraded Kitchen, Tiled throughout the home and great...

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