Capital Homes Blog

February 24, 2016 : Housing Market
  • Invest in a Home; Invest in Your Community
Building a new home is more than an investment in your financial future. As a homeowner, you become a vested member of the community and its success.

The economic impact is significant. Following the results of a study from the National Association of Home Builders Housing Policy Department, the Home Builders Association of Tulsa HBA found that, for every 1,761 single-family homes built in our community:

* More than 3,000 jobs are created

* $17.4 million in local taxes are generated; and

* Nearly $221 million in income is realized

This income is put back into the community by local residents’ purchases of goods and services, resulting in another $9.6 million in local taxes in the first year. We encourage you to read the full report here.

The tax burden on local residents is minimal. Did you know Oklahoma has one of the lowest median property taxes in the United States? These valuable tax dollars go to fund municipal projects, such as school districts, technical education, and infrastructure. The Tulsa area still boasts some of the top public school districts in Oklahoma, and thanks to collective impact organizations like ImpactTulsa and Growing Together, these districts are sharing data and best practices to help Tulsa area students perform even better across the region.

There are numerous opportunities to volunteer in the Tulsa area as well. If you have a penchant for the arts, check out Broken Arrow's Community Playhouse for audition opportunities. Perhaps you’re looking to be an uplifting presence for victims of domestic violence. Volunteer at Sand Springs' Dayspring Villa . Or maybe you want to help a 3rd grader get the skills they need to be successful by becoming a math mentor at Kendall-Whittier Elementary through the Tulsa Regional STEM Alliance.

Living in a neighborhood also means you’ll develop relationships with other families over time. You might meet up for a game of baseball at the Yorktown baseball diamond, or you might compare bass at Lake Valley’s stocked pond. And cliché as it might sound, you might be the friendly neighbor who lends a cup of sugar.

“If you feel rooted in your home and family, if you’re active in your community, there’s nothing more empowering. The best way to make a difference in the world is to start by making a difference in your own life.” – Julia Louis-Dreyfus

About Capital Homes

About Capital Homes

Capital Homes has always valued trust as the foundation of its business. We strive to create a strong, trusting relationship with each customer and approach decisions with a sense of fairness as a guiding light. For this reason, we long ago adopted “We Build Trust” as our motto.