{"id":7,"date":"2026-02-12T01:05:59","date_gmt":"2026-02-12T01:05:59","guid":{"rendered":"https:\/\/juliabrown.com\/?page_id=7"},"modified":"2026-03-06T20:49:41","modified_gmt":"2026-03-06T20:49:41","slug":"should-i-buy-a-house","status":"publish","type":"page","link":"https:\/\/juliabrown.homes\/?page_id=7","title":{"rendered":"Should I buy a house?"},"content":{"rendered":"\n<h1 class=\"wp-block-heading has-text-align-center\">Should I buy a house?<\/h1>\n\n\n\n<h4 class=\"wp-block-heading alignwide has-text-align-center\">It&#8217;s not a one-size-fits-all decision<\/h4>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Deciding to buy a home is not as simple as &#8220;Well&#8230;I&#8217;m throwing away money on rent&#8221; &#8211; it&#8217;s important to be informed and prepared about what it means to purchase a home.&nbsp; I encourage all first-time homebuyers (and even those who have already purchased in the past) to consider several factors when deciding to purchase a home.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">&#8220;Your rent is the most you&#8217;ll ever pay and your mortgage is the least you&#8217;ll ever pay&#8221;<\/p>\n<\/blockquote>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">The <a href=\"https:\/\/juliabrown.homes\/?page_id=127\" data-type=\"page\" data-id=\"127\">mortgage<\/a> is only one of many costs associate with home ownership. Did you know that it&#8217;s recommended for home owners set aside 1-4% of the value of their home each year for maintenance and repair costs?<br>Here are some common expenses that arise during home ownership and estimates of average prices:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>HVAC replacement:<\/td><td>$8,000 &#8211; $13,000 +<\/td><\/tr><tr><td>Refrigerator:<\/td><td>$600 &#8211; $2,300<\/td><\/tr><tr><td>Roof replacement:<\/td><td>$9,500<\/td><\/tr><tr><td>Dishwasher:<\/td><td>$400 &#8211; $1,200<\/td><\/tr><tr><td>Septic system maintenance:<\/td><td>$250 &#8211; $500 every 3-5 years<\/td><\/tr><tr><td>Water heater 40 gallons:<\/td><td>$440 &#8211; $2,300 + install<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\"><summary>Sources<\/summary>\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.nerdwallet.com\/home-ownership\/home-improvement\/learn\/estimate-the-cost-of-your-home-renovation\">Nerdwallet &#8211; Calculate Your Home Renovation and Repair Costs<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/homeguide.com\/costs\/appliances-prices\">homeguide &#8211; Average cost of appliances for a house<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.nerdwallet.com\/finance\/learn\/how-to-budget-realistically-for-home-repairs\">Nerdwallet &#8211; How to Budget Realistically for Home Repairs<\/a><\/p>\n<\/details>\n\n\n\n<div style=\"height:44px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">When renting makes sense<\/h2>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">When renting a place to live, you can have peace of mind knowing &#8220;that&#8217;s not my job&#8221; when something breaks or goes wrong. You also have the freedom to move from place to place, city to city, or wherever your heart desires on a much easier timeline than if you owned.<\/p>\n\n\n\n<div style=\"height:37px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">When buying makes sense<\/h2>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Buying a home can be a wonderful endeavor. It can give you more freedom and control over your living space to make it your own and maintain better privacy. You&#8217;re more in control of how long you stay and how you want to decorate and renovate while you&#8217;re there.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some ownership benefits:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Freedom to take on new projects as you please, like adding wallpaper, landscaping, renovating kitchens and bathrooms, changing light fixtures (the list goes on&#8230;)<\/li>\n\n\n\n<li>Equity: a house (and the land it&#8217;s on) is an asset, and money put towards the principal builds net-worth. Houses generally grow 3-5% in value each year (<a href=\"https:\/\/sites.ncleg.gov\/frd\/wp-content\/uploads\/sites\/7\/2021\/02\/2021_Housing_Median_Price_DHB.pdf\">source<\/a>)* <\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">*Value increase estimates are for trends that tend to be true long-term and are not a safe bet as short-term investments. Equity in a house is <strong>not <\/strong><a href=\"https:\/\/www.investopedia.com\/terms\/l\/liquidasset.asp\">liquid<\/a>.<\/p>\n\n\n\n<div style=\"height:48px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Bottom Line<\/h2>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Nobody, even a real estate agent, should ignore the realities of what it takes to purchase a home. We&#8217;re sold the &#8220;American Dream&#8221; &#8211; this can often mislead us into making decisions that don&#8217;t actually fit our unique lives. Home buying is an important decision that involves life and financial planning and you deserve to have a go-to person with your best interests at heart that knows the industry. That&#8217;s why I focus on building relationships, building community, and sharing my knowledge to help others make decisions that are truly right for them at every stage of life &#8211; whether or not that involves purchasing a home.&nbsp;<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<h2 class=\"wp-block-heading\">Newsletter<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Like what you&#8217;re reading? Sign up for email newsletters for more<\/p>\n\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Should I buy a house? It&#8217;s not a one-size-fits-all decision Deciding to buy a home is not as simple as &#8220;Well&#8230;I&#8217;m throwing away money on rent&#8221; &#8211; it&#8217;s important to be informed and prepared about what it means to purchase a home.&nbsp; I encourage all first-time homebuyers (and even those who have already purchased in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-no-title","meta":{"footnotes":""},"class_list":["post-7","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/juliabrown.homes\/index.php?rest_route=\/wp\/v2\/pages\/7","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juliabrown.homes\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/juliabrown.homes\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/juliabrown.homes\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juliabrown.homes\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7"}],"version-history":[{"count":18,"href":"https:\/\/juliabrown.homes\/index.php?rest_route=\/wp\/v2\/pages\/7\/revisions"}],"predecessor-version":[{"id":279,"href":"https:\/\/juliabrown.homes\/index.php?rest_route=\/wp\/v2\/pages\/7\/revisions\/279"}],"wp:attachment":[{"href":"https:\/\/juliabrown.homes\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}