Auston Woods Apartment Homes

5301 Roundstone Way, Charlotte, NC 28216
Call: 833-392-5643 (704) 597-7192 Email UsAustonWoods.PropertySite.HHHunt@aptleasing.info View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$883-$1,200

Apartments Charlotte NC Blog

Choosing to Own or Rent an Apartment in Charlotte, NC

Joseph Coupal - Thursday, January 21, 2016

There are many things that should be considered in making a life-changing decision like renting an apartment in Charlotte, NC or buying your own place.

The most important thing to consider, aside from the financial matters, would be your period of stay. Try to evaluate your decision, would it be a short-term goal or are you planning to stay in a place for a number of years? It is best to rent if you may move inside of 5 years. Additionally, try to put into the equation your work as well, if it demands frequent transfer, then buying a home would not be the best choice as of the moment.

When buying a home you need to be financially stable, because it is a big and expensive undertaking. The benefit of owning a home, especially after paying the mortgage (in 30 years), is that you would be the homeowner. But the downside to owning a home is that there is less of a chance that you can easily move from one place to another.

Renting a place offers flexibility and less worry in regards to maintenance and repair costs. On top of that, property taxes and high insurance premiums are not bills you get saddled with when renting.  But, there is one downside to renting: the bigger renovations would be limited and in hands of the landlord. As a renter you can decorate and often paint.

These are some of the benefits and issues that both renting and owning a house offer. It is up to you to choose the best option that fits your need and lifestyle right now.

For more information on 1 and 2 bedroom apartments in Charlotte, NC contact Auston Woods Apartments.

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Auston Woods Apartment Homes

5301 Roundstone Way, Charlotte, NC 28216

Call: 833-392-5643
Email UsAustonWoods.PropertySite.HHHunt@aptleasing.info
View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$883-$1,200