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 - Keller Williams
Jason And Alana Schaefer
1200 South Reserve Street
Missoula, MT 59801
Jason - (406) 493-4262
Alana - (406) 493-0066

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