If you think buying a home should be the end goal of every adult, think again. Sure, buying and owning your own home is a milestone worth celebrating – but what if you don’t want to deal with all of the headache associated with it? Or what if you’re ready to sell your family home that has grown in value and cash in your equity? There’s no shame in renting – in fact, choosing to rent rather than buy may just be one of the smartest decisions you will ever make. It isn’t for everyone, but if you’ve been straddling the proverbial fence as you decide between owning and renting, allow us to help you to make an informed decision. Below are a few of the many benefits of renting.
The beautiful thing about renting versus buying a home is that there are no strings attached. If you feel like moving to a different neighbourhood or clear across Canada, the only thing you have to worry about is breaking a lease or giving notice (not recommended, but it’s easier to get out of a lease than a mortgage). You have plenty of moving options available to you – perfect if you’re retired and prefer to move further south as the winter gets harsh.
Property management always on-site
A clear advantage to renting versus buying is that you’ve always got a professional on-site that can provide solutions to any maintenance woes you may have. You don’t even have to worry about paying for the maintenance or the expertise (two things you have to pay for when owning a detached single family home). It doesn’t matter what the problem is, either: if it’s broken, the only effort you have to put forth is filling out a maintenance request; no headache, no empty bank accounts, and no stress of finding the right professional for the job.
When renting in a dedicated rental building versus owning your own detached single family home, you can take solace in knowing that there is someone always on the property keeping an eye out for would-be criminals. If you travel often or head south for the winter, the fact that you don’t have to stress about someone breaking into your home is worth renting alone. While security systems can protect detached homes, it’s not substitute to having a real-life person guarding the vicinity and ensuring your property won’t be the next victim of a burglary.
Life revolves around you, not your home
Owning a detached single family home creates a wealth of extra obstacles that renting allows you to bypass. You also don’t have to partition a portion of your life to maintaining your home, either. We only have one life, and the older we get the more we realize that the months and years we took for granted matter: why spend them on upkeep when renting takes care of all of the heavy lifting for you?
No matter where you are in life – from barely gracing your 20’s to enjoying your retirement – simplify your life by making the decision to rent. Contact Dunpar Homes today, and let’s find the perfect home for your living situation. Together, we will show you why we are better by design.