Like most people would advise, get your own home if you can, being a homeowner here in Nigeria places you amongst the elite, it’s a bliss, the feeling of having to go to work every day and come back to a house you call your home, below are our top 5 reasons you should own your home in Nigeria. Top 5 reasons why you should own your own home in Nigeria
It’s your house, you can do whatever you like, as a tenant, you don’t really have so many options plus you need permission from the landlord to make certain upgrades to your home. When you buy a house it becomes your legal property, you have the freedom and can use your house without restrictions, restrictions often enforced by a Landlord to a home you are a tenant in. Owning your home allows you to be in control of your property. You can alter the property and renovations, to suit your needs and your style.
A home is a purchase that appreciates over time, the average home price goes up each year, even in times of recession Owning a home offers the long-term benefits of security, equity, and potential growth in personal wealth. As a homeowner, you can generate income from renting out the property. build your own house and build equity for yourself, in a matter of years, the house is prime to yield returns in form of sale, rent or probably lease
Living in your own house comes with natural pride. When you build your own home, you have an overwhelming sense of confidence, comfort, high self-esteem, and trust in yourself.
The accumulation of house rent expenses over the years is more than enough o build two houses. 60-70% of a person’s earnings goes into saving for house rent but owning your own home that’s how much you have freed up as a homeowner for other lucrative investments in the country.
If you are worried about the financial situation of your family at your demise, build them a home. Several houses have been passed on for generations, with simple renovations to keep the structure updated. Imagine having a home or several homes that generate rental income that is shared among the children, especially if it’s well managed. They will never be broke in their life cause people will always need a place to leave.
Are you ready to own your home? Kindly visit our project make to make a choice.