The Impact of Homeownership on Civic Involvement

The National Association of Realtors recently released a study titled ‘Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans:

“Owning a home embodies the promise of individual autonomy and is the aspiration of most American households. Homeownership allows households to accumulate wealth and social status, and is the basis for a number of positive social, economic, family and civic outcomes.”

Today, we want to cover the section of the report that quoted several studies concentrating on the impact homeownership has on the civic participation of family members. Here are some of the major findings on this issue revealed in the report:

• Homeowners have a much greater financial stake in their neighborhoods than renters. With the median national home price in 2015 at $223,900, even a 5% decline in home values will translate into a loss of more than $11,195 for a typical homeowner.
• Because owners tend to remain in their homes longer, they add a degree of stability to their neighborhood.
• Homeowners also reap the financial gains of any appreciation in the value of their home, so they also tend to spend more time and money maintaining their residence, which also contributes to the overall quality of the surrounding community.
• Homeowners were found to be more politically active than renters with 77% of homeowners saying they had at some point voted in local elections compared with 52% of renters.
• There seems to be a greater awareness of the political process among homeowners. About 38% of homeowners knew the name of their local school board representative, compared with only 20% of renters.
• There is a higher incidence of membership in voluntary organizations and church attendance among homeowners.
• Homeownership does create social capital and provide residents with a platform from which to connect and interact with neighbors.
• Owning a home means owning part of a neighborhood, and a homeowner’s feelings of commitment to the home can arouse feelings of commitment to the neighborhood, which, in turn, can produce interactions with neighbors.

Bottom Line

People often talk about the financial benefits of homeownership. As we can see, there are also social benefits of owning your own home.  Give me a call to get started on your path to homeownership – J.P. Cook – 602-320-4253.

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20825 W Hubbell Street Buckeye, AZ 85396

$499,000

5 Beds

3 Baths

2,327 SqFt

Status Active

MLS # 6681621

Property Type Single Family Residence

Price Type --

Better than new home in Verrado with 5bed/3 bath for under $500K. 12 X 24'' tile throughout most of the downstairs with a full bedroom and bath on the main level.Beautifully upgraded kitchen with quartz counters, herringbone tiled backsplash and stainless steel appliances w/gas range. Plantation shutters throughout the home. Large loft with four bedrooms and two baths upstairs. Enjoy all the amenities that the master planned community of Verrado has to offer with convenient access to restaurants, freeway, shopping/Costco and the new Verrado Marketplace coming next year!

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4083 Prairie Schooner Road Wickenburg, AZ 85390

$499,000

2 Beds

2 Baths

1,416 SqFt

Status Active

MLS # 6701529

Property Type Townhouse

Price Type --

This captivating Wickenburg Ranch townhome boasts a modern aesthetic adorned in soothing neutral hues, creating an ambiance of contemporary sophistication. As you step inside, be prepared to be enchanted by an abundance of natural light flooding through the numerous windows. The seamless integration of indoor and outdoor spaces invites the breathtaking beauty of the surrounding landscape to become a part of your everyday living experience. Situated on a coveted corner lot, this residence offers unparalleled vistas of the majestic Vulture Peak, serving as a constant reminder of the tranquility and serenity that defines life in this exclusive enclave. Whether you're enjoying a morning coffee on the patio or entertaining guests in the spacious living area, the panoramic views will undoubtedly leave you in awe. Designed for those who appreciate both luxury and convenience, this home promises a low-maintenance lifestyle, allowing you to spend less time on upkeep and more time indulging in the myriad of amenities that Wickenburg Ranch has to offer. With golf enthusiasts in mind, this property serves as the perfect sanctuary for those seeking to elevate their game on the pristine greens just moments away. Welcome home to Wickenburg Ranch, where unparalleled beauty and unparalleled luxury converge to create an unparalleled living experience.

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1510 W Mission Drive Chandler, AZ 85224

$499,000

3 Beds

2 Baths

1,472 SqFt

Status Active

MLS # 6684075

Property Type Single Family Residence

Price Type --

Welcome to this unique Chandler home in an HOA-free neighborhood. Enjoy vaulted ceilings, natural light, and solid hardwood flooring. The master bathroom was custom built with solid Teakwood cabinets, new countertop & new shower flooring. The wood accents T/O this home are complimented by the mature Mesquite, Sweet Acacia, and Olive trees, which has a 10 x 12 treehouse built 10 feet off the ground. The laundry room offers extensive storage. Two 30 gallon Britta soft water filtration tanks. New S/S appliances throughout the home. Covered hot tub for relaxation. Breezeway garage leads to patios. Alley access with dumpsters. Amazing 2 way view fish tank between master and great room. Corner lot with views of school and park. Experience fun & unique.

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1460 N Balboa -- Mesa, AZ 85205

$499,000

3 Beds

2 Baths

1,584 SqFt

Status Active

MLS # 6689627

Property Type Single Family Residence

Price Type --

Nestled in the sought-after community of Cooper Crest, this stunning single-level residence boasts 3 bedrooms, 2 bathrooms, and a 2-car garage. A pinnacle of modern living, this Energy Star-certified home exudes elegance with its premium North/South facing lot, ensuring privacy without rear neighbors. Step inside to discover 9-foot ceilings that elevate the sense of space. The house features tile flooring throughout, adding a touch of luxury and easy maintenance. The kitchen is a chef's delight, with upgraded cabinets, granite countertops, a gas stovetop, and a sprawling island. Adorned with a tiled backsplash and undermount sink, every detail speaks of quality craftsmanship. The primary bedroom with an ensuite bath has dual sinks, a walk-in shower with cultured marble surround, plus a walk-in closet with plenty of room for all your clothes. The two guest bedrooms each feature walk-in closets and share a spacious bathroom. French doors lead to an extended covered patio with a gas BBQ stub, perfect for outdoor entertaining. Enjoy community amenities such as a pool, soccer field, and playground. Conveniently located near shops, restaurants, and top-rated schools, with easy access to Loop 202 and US-60. Don't miss out on this opportunity to own a stunning home with a split floor plan!

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24451 E Karens Way Florence, AZ 85132

$499,000

4 Beds

2 Baths

1,685 SqFt

Status Active

MLS # 6687675

Property Type Single Family Residence

Price Type --

Welcome to this revonated home sitting on 1.28 acres! The property is fully fenced-in, surrounded by a beautiful lush landscape including 54 fruit trees! Entering the home you will be welcomed by a spacious floorplan with vaulted ceilings. Additional upgrades to the home include all new paint, new kitchen cabinets, sink, new faucets, and new granite countertops. Both full bathrooms have double vanities, new shower heads, and faucets. New beautiful floor tile throughout the house. 5 new windows (south side of the house) by Andersen Renewal. Enjoy coffee on the front porch in the mornings and entertain your guests in the evening by the firepit! Plenty of Storage and workshop space! This property has a 9ft by 9ft metal shed, an 8ft by 8ft barn, and a detachable metal garage built by Absolute Steel. 24ft wide by 35ft long by 15.5ft high. and offers a 12ft by 12ft roll-up door, pedestrian door, and 2 windows insulated, with electricity 110/220. An irrigation system is in place to water the garden. The attached garage has an AC split unit and is fully finished with 2 windows. and can be easily converted to additional living space adding approximately 400 sqft.

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13625 W Peck Court Litchfield Park, AZ 85340

$499,000

4 Beds

3 Baths

2,582 SqFt

Status Active

MLS # 6689189

Property Type Single Family Residence

Price Type --

Stunning Home in Proximity to Luke Air Force Base! This exquisite residence boasts 4 bedrooms, 3 full bathrooms, a spacious loft, and an inviting pool, perfect for entertaining. The primary suite is a sanctuary with dual closets, a lavish tub, separate shower, and dual sink vanity. Recently updated with fresh paint throughout, this home offers a modern appeal. Revel in the comfort of tile flooring throughout the entire home, eliminating the hassle of carpet. Parking for at least 4 cars in the driveway, and a garage with convenient access to the backyard. Step through French doors to discover the beautifully landscaped backyard oasis, complete with a sparkling pool. Experience the epitome of Arizona living in this remarkable property! Beatuful home close to Luke Air Force Base. Home features a beautiful pool

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16734 E La Montana Drive Fountain Hills, AZ 85268

$499,000

2 Beds

2 Baths

1,452 SqFt

Status Active

MLS # 6692422

Property Type Apartment

Price Type --

Updated ground floor condo overlooking the pool and garden area for year round relaxing and entertaining. Enter into the open floorplan with living, kitchen, breakfast island and dining area. Offering split bedrooms and baths for more privacy plus a den/office/bonus room. Walking distance to Fountain, shopping, post office and restaurants. Private garage and storage room. Lovely small community with Community heated pool and spa and low monthly fees. Community exercize room, gazebo and BBQ grill. Furnishings available on separate Bill of Sale.

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2411 E Delgado Street Phoenix, AZ 85032

$499,000

4 Beds

2 Baths

1,642 SqFt

Status Active

MLS # 6691478

Property Type Single Family Residence

Price Type --

Single story fully remodeled home with 4 bedrooms and 2 full baths. No HOA. New Flooring throughout home, new electrical panel box, new roof, new energy efficient windows and many more. Home has new appliances (Stove, Microwave, Fridge, Dishwasher, Washer and Dryer) with a 5 Year Warranty repair/replace that will transfer over. Become the proud new owner of this beautiful residence in a very quiet North Phoenix area! Experience a good night's sleep in the primary bedroom, offering direct outdoor access and a walk-in closet for convenience. The private backyard, which includes a storage shed. This amazing home is ready for you to move in and enjoy!

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204 S Thunder Mountain Mountain Payson, AZ 85541

$499,000

3 Beds

2 Baths

1,378 SqFt

Status Active

MLS # 6690579

Property Type Single Family Residence

Price Type --

Looking for serene mountain living? Welcome to this exquisite 3-bedroom, 2-bathroom home offering the perfect blend of comfort and luxury amidst Payson's stunning natural beauty. This newly constructed home features an open floor plan with vaulted ceilings, ideal for entertaining. The charming corner kitchen boasts new stainless-steel appliances and granite countertops. Easy-to-maintain vinyl flooring graces the main living areas, while plush, low-pile luxury carpeting adds warmth to the bedrooms. The bathrooms are adorned with elegant tile flooring. The expansive owner's suite includes an ensuite bathroom with a double vanity and an oversized walk-in glass surround shower. Relax on the covered back patio, perfect for observing wildlife or enjoying the summer monsoons. Located just an hour and a half north of Scottsdale, this home offers easy access to hiking trails, kayaking, and the fresh mountain air. Experience the tranquility of mountain living in this remarkable home.

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12565 W Llano Drive Litchfield Park, AZ 85340

$499,000

3 Beds

2 Baths

2,284 SqFt

Status Active

MLS # 6693959

Property Type Single Family Residence

Price Type --

This single-story home in the desirable community of Wigwam Creek sounds like a wonderful find! Here's a closer look at the features and highlights: Wigwam Creek is a sought-after community known for its convenient location, amenities, and friendly atmosphere. The presence of a sparkling pool adds a touch of luxury and offers a refreshing escape during the warm Arizona days. With 3 bedrooms and 2 bathrooms, there's plenty of space for both residents and guests. Being on a corner lot often provides extra space, privacy, and possibly even better views. The home's fresh paint adds a clean and inviting atmosphere, making it feel move-in ready. The 3-car tandem garage offers ample space for parking vehicles, storage, or creating a workshop area. The recently updated kitchen features granite countertops, stainless steel appliances, and a large island. This is not only aesthetically pleasing but also functional for cooking and entertaining. The family room is described as very spacious, providing a comfortable and inviting area for relaxation or gatherings. The master bedroom offers a spacious retreat with both a tub and shower, double sinks, providing convenience and comfort. Living in Wigwam Creek offers residents the opportunity to enjoy a true Arizona lifestyle, whether it's lounging by the pool, hosting barbecues, or exploring the nearby amenities. Overall, this home seems to offer a blend of comfort, style, and functionality. The combination of the sparkling pool, updated kitchen, spacious living areas, and corner lot location make it an ideal choice for those seeking a relaxing and convenient Arizona lifestyle in the Wigwam Creek community.

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15253 W Moreland Street Goodyear, AZ 85338

$499,000

3 Beds

2.5 Baths

1,808 SqFt

Status Active

MLS # 6698279

Property Type Single Family Residence

Price Type --

3 Bedroom 2.5 Bath house with 2 Car garage. TILE throughout house. Fresh white Kitchen cabinets, Island with pendant lights, GRANITE counters and STAINLESS STEEL appliances. Kitchen opens up to family room. Covered back paver patio with faux grass and rock. Ready for move in.

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6935 N Valley Road Eloy, AZ 85131

$499,000

4 Beds

4 Baths

2,722 SqFt

Status Active

MLS # 6701201

Property Type Single Family Residence

Price Type --

Stunning ranch-style home, ideally located near the golf course yet free from the constraints of HOA rules and fees. This property sits on a generous double lot facing open desert land. As you step through the foyer, the attention to detail is immediately apparent, from the elegant arches to the beautiful tile flooring that flows seamlessly throughout the home into the open living space and gourmet kitchen equipped with ample storage granite counters and breakfast bar, perfect for entertaining. This home boasts 4 generous sized bedrooms and 3 full bathrooms which include granite counters and tiled showers. Additionally, an extra room complete with a full bathroom and kitchenette, providing the perfect space for a man cave, office, or a private mother-in-law suite. Don't miss this home!

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