ASGi Articles

What are The Benefits of Owning vs. Renting a Home

Posted by Madison Avila on Jan 17, 2022 4:54:38 PM
Madison Avila

What's the Difference?

These concepts seem pretty straight forward, but when it comes to buying a home things are a lot more complicated. There are many factors that determine whether someone owns a home or rents a home or apartment. Things such as

  • Job
  • Location
  • Education
  • Income
  • Credit

The Truth Is...

Renting vs. Owning a Home in Conroe

Owning

Is

Better!!

 

Owning an affordable Home does not have to be a horrifying process. Everyone should have the opportunity to enjoy the benefits of being a  Homeowner. Renting can sometimes seem like the easier choice, especially for someone just starting out. Most of the time renters will end up in the constant cycle of leasing. This cycle restricts you from growing your income and improving your living standards. The amount of money you "save" when renting doesn't compare to how much you could potentially invest into your future self or family when owning a home.

There are significantly more benefits to owning a home, including:

  • Building Equity - Home equity is the value of a homeowner’s interest in their home. In other words, it is the actual property’s current market value
  • Personalizing your living space for long-term savings.
  • The opportunity to live in a close-knit community.

Buying an affordable home in a more rural or country area is a different story compared to renting inside the city. Renting is more expensive the further you go from the city, and depending on your mortgage and taxes, owning a home in a city like Huntsville, Conroe, or Montgomery could mean a monthly payment lower than average renting rates.

 

ASGi Homes is committed to making the process exciting and memorable for ALL Home buyers.

“We started ASGi Homes because there was no one building houses for the working-class people, in an affordable market.” – Bill Ellison, Founder & President

ASGi Homes offers affordable, high-quality new quality homes for sale near Conroe, TX, Willis, Huntsville, Montgomery, and Lake Livingston.

Founder and Company President Bill Ellison says it best:

 

Topics: Homes, affordable, Renting, Home Owner