Less expensive to own a home in ohio

Homeownership In Ohio – Less Expensive Than Renting

10.19.18 While some reports may say that renting is a more affordable option than owning a home, the statistics say otherwise.  In a recent study by personal finance site HowMuch, renting a home, on average, is more expensive than owning a home in 40 out of 50 states in the US.

Ohio actually ranked 2nd in the nation for home ownership affordability, with a monthly mortgage running $804.00 per month and rent for a similar sized home/apartment at $1000.00 per month.  And, this monthly savings doesn’t take into consideration the benefits of home ownership.

Looking for more reasons to purchase a new home in Kettering, Ohio?  Below are five reasons why owning a new home in Beavercreek, Ohio and surrounding areas makes great sense!

Homeownership builds equity as time goes on.

Homeownership means stable monthly payments instead of rising rents every six months.

Homeownership comes with tax benefits including interest and property tax deductions.

Pride in ownership allows you to create a place that is uniquely yours.

Homeownership improves the community by improving the local economy and local tax base for community improvements.

Ready to move forward with an investment in your future Peebles Homes is a third generation home builder specializing in new homes in Dayton, the Miami Valley, and surrounding areas for eighty years. An award-winning Dayton new homebuilder, Peebles Homes specializes in building high performance (we call them ComfortSmart) homes in southern Ohio. PeeblesHomes.com


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