4 Reasons Why Homeownership is a Good Investment in Fort Collins

House is a good investment. Know the reasons why.

Is buying a house a good investment? While buying a house with a consumer mindset can be a losing proposition, it can also be a path to wealth for the financially savvy. Well, aside from owning your own home instead of renting, one consideration is that it’s a sound financial investment.

Here are 4 Reasons Why Homeownership is a Good Investment in Fort Collins.

There are many kinds of investments out there – from stocks to bonds, from funds to art – but one of the best investments out there is real estate and in NoCo House Buyers Inc we offer a lot of selections.  Owning a home is still a good decision for many people and can be an important part of a long-term financial strategy.

It’s a stable, solidly performing investment. If you are curious about whether it’s right for you, here are 4 reasons why homeownership is a good investment in Fort Collins…

Reason #1. Stability

If you’re currently renting a place to live and not sure if a property will give you a good return, then consider this: one often-overlooked return is the stability you get from living in one house that you own.

And that stability translates into a better credit score. And that credit score is a valuable outcome that can improve your ability to borrow, and even your ability to find a job (since some employers will check your credit score before hiring you.)

So just my moving into a home and staying there for a while, you’ll get some stability and be able to increase your credit score.

Reason #2. It’s a Real Asset

Real Asset with real value

Some investments, like stocks, are just “paper” assets. That is, they represent an investment but they don’t have any real value themselves. If the company collapses, you’re left with nothing but a worthless piece of paper. However, with real estate, you have a real asset (something you can touch and see) and it has real value.

Reason #3. Upward Trend

One of the things that make real estate a great investment is that the price tends to go up. Sure, the price might fluctuate depending on the economy or what else is going on in the neighborhood, but in general, real estate prices tend to rise over time.

Reason #4. You Can Increase Value

A very powerful reason why real estate is a good investment is that you have control over the value of the property. If you buy a house for a certain price and them improvements, you’ll increase the value of the house.

A new paint job or an upgraded bathroom can raise the resale value of your home. (This is preferable to a stock, which you can’t really improve with a paint job!)

Summary

If you’re currently renting and debating about whether you should buy a property, then think about the return you could get on that property. Real estate is often a solid investment and here are 4 reasons why home ownership is a good investment in Fort Collins.

 

Are you a first-time home-buyer reaping the rewards of homeownership? Or are you a renter looking to better understand your options surrounding homeownership in Fort Collins? What questions or concerns do you have? We want to hear from you! We want to help. To talk to us about buying your next house, click here now and fill out the form or call our office at (970) 744-4944.

Blake Stevens

About Blake Stevens

I grew up in Fort Collins, I lived in Loveland and I’ve worked and played sports all over Northern Colorado. I love our area, NoCo. Our company borrows money from private lenders so that they get a good return secured against a hard asset they can see and understand. We take a problem property off a sellers hands and get them the cash they want. We fix up the worst houses or even just average houses and make them the gem of the neighborhood, which improves our community one house at a time. We put trades people to work and stimulate the local economy. We partner with people looking to get a return on their capital in long term rentals providing quality housing while earning a good secure return. All around it’s a win, win, win business that I love.
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