Are you debating the advantages of renting over buying in Morrisville? The Marq at Weston is here to help.
As a renter, you gain a unique set of advantages over homeowners. With no maintenance costs, a long list of amenities, and a reduction in insurance payments, more and more people are seeing the benefits of apartment living in Morrisville. Let us walk you through some of the most notable advantages.
No Maintenance Costs
When you rent your ideal living space, you will never have to pay to maintain or repair your home. Your landlord or management company is responsible for ensuring your home is in good working order. So if the oven stops working or there’s an unexpected incident, you can contact the property manager to handle it for you. The Marq at Weston is professionally managed by CWS Apartment Homes and promises excellent customer service every step of the way.
Another advantage of renting a home in Morrisville is the wide array of luxury amenities. From an outdoor swimming pool to an on-site fitness center, the amenities that come with a rental property offer impressive value. If you’re usually a person who purchases a membership to a pool or a gym, having access to these things right in your community will help you save on your expenses every month.
Reduce Insurance Payments
Renter’s insurance is significantly more affordable than homeowner’s insurance. Because the property management company is responsible for the building’s exterior, renter’s insurance is much more affordable as it protects only your belongings. Typically, renter’s insurance costs around $12 a month while homeowner’s insurance can range from $25 - $80.
No Big Down Payment
While it’s true that most rental properties require a deposit, it is significantly smaller than the down payment needed to purchase a home. Most homes request a 20% down payment, while apartments usually charge 1-2 month’s rent. If you’re young, relocating to a new city, trying a new career, or even downsizing, the small deposit can be an incredibly appealing selling point.
Easier to Relocate
Maybe you’re not sure how long you’ll be in Morrisville. Maybe you’re in the area for a work project. Maybe you’re applying to schools across the country. If you don’t anticipate staying in the area for too long, renting makes the relocation process that much simpler. Not only will you avoid the stress and hassle of selling your home, you won’t have to worry about a quick move or losing money on your home investment.
If you’re interested in finding an apartment to rent in Morrisville, NC, get in touch with the professional management team at The Marq at Weston today.