answersLogoWhite

0


Best Answer

I am a Realtor and I was taught in real estate school that the average family's home needs change every 5 to 7 years. They need to downsize, move to another city, add square footage, have health problems or need to sell because of financial needs.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the average length of time a person owns a home?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the average length of time a person owns a car?

From 5-20 yrs.At an estimate, it varies.


What does owner occupied home mean?

An owner occupied home is a home that is lived in by the person who owns it, rather than by someone who is renting from the person who owns it.


How many dogs does the average person own in a lifetime?

The average person owns one dog.


What happens If a person owns a home but the property inside the home was willed to someone else?

The property inside the home is taken away by the person who now owns it. The person who owns the home could offer to purchase the property (which saves a lot of moving and buying replacements) or should arrange a time for it to be collected.


What is the average number of homes a person owns in a lifetime?

1


How many clothes does the average person own from under armor?

the average person owns 8 pieces for under armor


Do enslaved people have a home?

Yes. They are housed by the person who owns them.


If a person owns a home can they rent the home to another person after the owners bankruptcy?

If a person owns a house they can do what they wish with it (within the law). If they are declared bankrupt and they no longer own it then they have no say in what happens with the house. It is no longer theirs.


What is the number of a cars a person owns in a lifetime?

No definite answer only an average. I would guess10.


Can a person build house on heir property without permission?

If a person builds a home on land that they don't own, the home will become the property of the person who owns the land.


How do you find out by name if a person owns a home?

It's very simple, Go to the person,. ask his/her name and say to him/her, that I had seen a house on your name at some location,., then automatically that person will say,., whether he/she owns a house or not,.,.


Who own your home if another person owns the land where it sits?

If the home is permanently attached to the real estate (not a mobile home) then the owner of the real estate owns the home. if you build a home on another person's land, they own it. Perhaps the owner would allow you to move the structure. However, you would need to restore the land to its natural state.