In response to surveys of residents in Second Life®, Linden Labs made available to residents with paid accounts a home on a small piece of property. I can’t stress enough how cheap it is to have a paid account ($72 yr), for which you receive a weekly stipend of L$300, and now a home. You can be a landowner–well, you always could with a paid account, but finding the right property with acceptable neighbors and in the right location and then doing all the upkeep–it just wasn’t worth it to many of us. So Linden Labs became a housing developer, creating acres and acres of prefab homes–you choose the style and model and give the home a name.
It’s a great idea and you will see here the home I picked and furnished. We are limited to 117 prims to add to the property, so decorating must be carefully done. I would have liked to keep my SL cat, Mr. Milo in the house, but he is 54 prims, and that’s half my allotment. We can’t build skyboxes, either, which may bother some, but it’s not important to me. The idea of your own home just adds to the sense of presence you have in Second Life. Hard to explain, so I suggest you try it. Am I going to give you my address, so you can visit? I’ll have to think about that.
You can read about the homes and the new customizable features here: http://wiki.secondlife.com/wiki/Linden_Lab_Official:Linden_Home_Help_Guide