Far too often I write about home prices or market conditions instead of focusing on the true value of your home…
However, if you have read my blog for a long time, you have probably heard me say that the most important things in life aren’t things.
Sadly, some people don’t appreciate the emotional and sentimental value of their home. In some ways, when you are talking about the monetary value, then you are talking about a house.
When you are talking about your home, then the real true value goes much deeper than just a dollar amount.
An Appraiser Can Estimate The Monetary Value of a House
A REALTOR Can Perform an Analysis to Determine the Market Value of a House
To Really Understand Your Home’s TRUE Value, You Must Also Consider:
Living the Dream
Most people don’t buy a home to resell it and make a profit. Most people buy a home because they want the American Dream!
Your home is more than just a roof over your head. It is your kingdom! You are the King or Queen of your castle.
A Refuge from a Crazy World
You may enjoy a vacation, but for some reason, everyone breathes a sigh of relief when they return home. As Dorothy in the Wizard of Oz said “There’s no place like home.”
As the years pass, you won’t just be building equity or creating wealth. You will be creating the most valuable of all treasures: memories. And there is NO way to estimate the value of the wonderful memories you have from the years spent in your home.
The Take Away
There is no doubt that home ownership is a great way to build wealth. But the real true value in owning a home is something deeper.
It goes way beyond a dollar amount. Yes it is a HUGE financial decision.
Still it goes BEYOND the numbers…
It is about the things that really matter and lead to a rich and fulfilling life.
Owning a home is NOT always about the money.
It is something much deeper.
Something more real.
Something more meaningful.
I have felt this way for a long time. Many years ago I wrote about this same topic in A Tree Grows in Anderson.
Those words are just as true today as they were when I wrote them.