Ever since the pandemic found individuals, couples, and families spending so much more time at home, many became all the more appreciative of the little things in life.
The Joy Factor is something we all may be more familiar with at this hour, especially when it comes to the freedom of customizing our living space as we wish – something that might not be possible when renting.
There’s a significant level of pride that comes from owning a home. That’s because it’s a space that truly belongs to you. The National Association of Realtors (NAR) has actually created a measurement called a Joy Score that indicates how much happiness home upgrades bring.
The list includes the following that received a perfect Joy Score of 10:
- Paint entire interior of home
- Paint one room of home
- Add a new home office
- Hardwood floor refinishing
- New wood flooring
- Closet renovation
- Insulation upgrade
- Attic conversion to living area
Smaller projects also yielded a sense of joy and accomplishment and, wise upgrades to a home increase its value, which gives your net worth a healthy boost.
Deciding whether to rent or buy is a personal decision. The financial benefits are critical, but don’t overlook the emotional impact homeownership can have. Connect with Dennis Hartley today, to discuss all the benefits you can enjoy when you purchase your own home.
Photo by Jason Briscoe on Unsplash
