If there’s one thing we can all agree on when it comes to buying a home, it’s that it can be quite stressful. In real estate, there is not just the overall stress relating to getting the money together for a down payment, but the psychology of buying a house is something that provokes a number of key questions, namely, is buying a house a key to happiness? Here are a few things that can contribute to homeowner happiness.
The Sense of Accomplishment
The shopping for mortgage quotes may seem like a lot of admin work, but it’s critical to remember that, while hunting for houses can seem like a part-time job all in itself, when you get accepted for a mortgage there is that sense of happiness because shopping for a house means that you are finally getting some sense of stability.
Homeownership can provide that sense of rootedness and belonging because it’s a place to call your own. The potential for financial benefits is also significant. Of course, it’s not guaranteed, but buying a house means that you are now in a position to build equity and benefit from property value appreciation. If you are looking at your first home, the achievement of getting onto the property ladder can give you peace of mind in the long run. However, it’s important to keep up with mortgage repayments and contribute to the overall value of the property by making upgrades and improvements. This will contribute to your sense of belonging and, ultimately, happiness.
Connection and Community
It’s not just about owning a property but also being part of a community and establishing connections with neighbors. While there can always be troublesome neighbors, when searching for a property for you and your loved ones, it’s important to consider the placement of the property in terms of setting up a family home. Feeling a sense of belonging will contribute to your well-being and happiness over time.
Being House Proud
It’s a sense of pride and accomplishment that comes with owning your own home. Being house proud is something that you may not understand until you have your own place. When you rent a property, you may not feel as inclined to take care of it in the same way as you would with your own home. Regular house cleaning doesn’t just become something that contributes to the overall maintenance but it’s something that you will actively want to do, within reason of course. Also, being house proud is also linked to a greater sense of well-being because you will feel more responsible, and this can ultimately drive some sense of purpose. We should feel relaxed in our home, and this is not always the case if there is a lot to do. But the one thing that can override all of this is the fact that we’ve got a place that is ours and nobody else’s. Homeowner happiness is something that we should all strive towards and not just view our property as a commodity, but actually something that will contribute to our sense of self.
