You already know about the tax benefits of buying a home and the long-term financial advantages created by rising home values and bankable equity. But some of the associated benefits of homeownership might surprise you.
Two years ago, we sold our house. The moment came and went without a lot of fanfare. By the time we had put our house on the market and it sold, we had already settled in another house.
According to the information that we can glean, our current house was built in the late 1700s. The “modern” addition was likely put on in the 1800s. It was meant to be a country house and still sits on acres of beautiful Chester County countryside together with a barn and several outbuildings. The foyer has brick floors and the living room has the old, irregular wide plank floors, lending lots of character. There’s a back staircase from the dining room up to what now serves as my office – probably for servants back in the day – and plenty of fireplaces throughout. There are five Dutch doors, clearly old (though not necessarily original), which are my favorite parts of the house. In fact, much of the old detail still remains in the house and the history buff in me fell in love with it the first moment I saw it.