Rediscover the Beauty of Starter Homes  

Starter homes were, at one point, the first step for most Americans in their journey to homeownership. Initially simplistic in design, these homes offer those who want to enjoy the benefits of owning a home a solid start that they can grow over time.  

In this article, we’ll take a peek at starter homes and how first-time homebuyers can take advantage of this homeownership model.  

What is a Starter Home 

Starter homes are houses that individuals or small families purchase as their first residence. Originally introduced after the Second World War, starter homes became the preferred option at the time as a way to be homeowners. 

Starter Home vs. Entry-Level Home 

Despite having similarities and being viable for homebuyers, a starter home offers a different approach to the typical entry-level home. The former usually starts with a small floor size with expansion in mind, while the latter has a fixed floor plan and price built by real estate companies. Price is also a major comparison, as starter homes can be secured with either cash or a small loan, compared to the higher mortgage requirements for entry-level homes.  

Perks of Owning a Starter Home 

What makes this property model ideal for first-time home buyers? Here are some characteristics that most starter homes have: 

Efficient Floor Plan 

Starter homes usually start with a floor space of 750 square feet, a good size for an individual or small family. Though compact, it does have all the amenities needed to enjoy a comfortable home living, including a kitchen, living space, and bedroom. Who wouldn’t want to have less space to clean and manage, especially when you’re starting, right? 

Room for Expansion 

Another key factor of starter homes is its versatility. Imagine a home that grows with your family – adding more rooms, various spaces, and a garage to show the family’s progress.  

With a starter home, expansion is not only easy but encouraged. The home is initially built with an unfinished design, allowing for customization based on your needs or preferences.  

More Affordable than Larger Homes 

Floor space isn’t the only flexible part of a starter home, as they have an affordable price point. Compared to most homes in the market, these properties can be owned without spending too much on a down payment or monthly costs.  

Check with ijaraCDC for various investor-led home acquisition options to secure your first starter home. We even have a Construction Program for those who prefer to build their dream house from the ground up. 

Start Your Homeownership Journey with a Starter Home 

It’s time to rediscover the magic of starter homes as a viable way to be a homeowner. The combination of flexible floor space and affordability makes it a great option to start the American Dream. All it takes is the first step and take it with a starter home.