Single-family houses built for the purpose of renting have become a hot trend in the housing market. There are advantages when it comes to renting a new-build house as opposed to an apartment or owning a home. For starters, it gives families the benefit of having extra space at a price that is easy to their wallet. In addition, it provides more privacy and the chance to experience the lifestyle of homeownership without the hassle.
We’ve created the list below to share the main benefits of renting a home and help you decide if this is the best option for you and your family:
Less maintenance – You can enjoy the lifestyle of homeownership without having to make your own repairs or maintenance. If something needs fixing, like a plumbing issue, the property owner its responsible for handling these types of repairs. Also, most built-to-rent homes include all necessary appliances, so you don’t need to worry about the extra expenses.
Extra space – The majority of families look to upgrade because they need a place where everyone feels comfortable. Although apartments can offer up to four bedrooms, a house will provide more versatile spaces. You can have plenty of square footage, including a basement, attic, and even a back patio – which comes extremely handy for families with pets.
More privacy – Apartment living offers you less square footage and amenities that you’ll need to share with other residents. In a house, on the other hand, every member of the family can have their own space and privacy. Plus, if your home is detached, you won’t have to limit your activities and hobbies to avoid disturbing the neighbors on the other side of the wall.
Flexibility to move – Another benefit of renting a house is the ease of moving. You’ll have the advantage of a shorter leasing agreement as opposed to a 30-year mortgage. This is perfect for people that are not sure of the neighborhood or the investment of owning a house. This gives you the freedom to move around as much as you want and still have a place to call home.
No down payment – A down payment on a house can cost you thousands of dollars. When you rent a home, property owners will ask for the first and last month worth of rent and a security deposit. This is most likely to be less than a down payment. Plus, the requirements are less strict, and the application process is faster.
If you’re ready to enjoy the benefits of renting one of our new-build homes, go through our inventory of available homes and discover the floor plan that best fits your needs, and contact through our website or by calling (214) 972-3870.
