Home Ownership About Place to Call Home

Friday, November 28, 2014   /   by Jason Schaefer

Home Ownership About Place to Call Home

The number one reason 24% of people purchase, is the desire to own a home of their own. This can mean different things to buyers. Proximity to family and friends is important to 43% of buyers when considering neighborhood. While buyers will often compromise on size of a home, layout, and price - the proximity to family and friends has little room for compromising.  

Most buyers bought a home that was previously owned, which they bought because it was a better overall price, better value, and for it's charm and character. The typical home purchased was a single-family that was 1,870 square feet with 3 bedrooms and 2 bathrooms.

With the recent drop in temperatures, especially in Missoula and Western, MT, home owners were very cognizant of their heating bills. When buying, 36% placed high importance on heating and cooling costs. Others considered living close to entertainment and leisure activities as important.

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Source: National Association of Realtors 

The Schaefer Team - Windermere Real Estate
Jason And Alana Schaefer
2800 South Reserve
Missoula, MT 59801
Jason - (406) 493-4262
Alana - (406) 493-0066

© 2018 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data updated 8/20/2019 1:25 AM CST.