Tag: vacation home

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Why Summer Is a Great Time To Buy a Vacation Home

Why Summer Is a Great Time To Buy a Vacation Home | MyKCM

You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones. Now that summer is just around the corner, it’s worthwhile to start thinking about your plans and where you want to spend your vacations this year. Here are a few reasons a vacation home could be right for you.

Why You May Want To Consider a Vacation Home Today

Over the past two years, a lot has changed. You may be one of many people who now work from home and have added flexibility in where you live. You may also be someone who delayed trips for personal or health reasons. If either is true for you, there could be a unique opportunity to use the flexibility that comes with remote work or the money saved while not traveling to invest in your future by buying a vacation home.

Bankrate explains why a second home, or a vacation home, may be something worth considering:

“For those who are able, buying a second home is suddenly more appealing, as remote working became the norm for many professionals during the pandemic. Why not work from the place where you like to vacation — the place where you want to live?

If you don’t work remotely, a vacation home could still be at the top of your wish list if you have a favorite getaway spot that you visit often. It beats staying in a tiny hotel room or worrying about rental rates each time you want to take a trip.”

How a Professional Can Help You Find the Right One

So, if you’re looking for an oasis, you may be able to make it a second home rather than just the destination for a trip. If you could see yourself soaking up the sun in a vacation home, you may want to start your search. Summer is a popular time to buy vacation homes. By beginning the process now, you could get ahead of the competition.

The first step is working with a local real estate advisor who can help you find a home in your desired location. A professional has the knowledge and resources to help you understand the market, what homes are available and at what price points, and more. They can also walk you through all the perks of owning a second home and how it can benefit you.

A recent article from the National Association of Realtors (NAR), mentions some of the top reasons buyers today are looking into purchasing a second, or a vacation, home:

“According to Google’s data, the top reasons that homeowners cited for purchasing a second home were to diversify their investments, earn money renting, and use as a vacation home.”

If any of the reasons covered here resonate with you, connect with a real estate professional to learn more. They can give you expert advice based on what you need, your goals, and what you’re hoping to get out of your second home.

Bottom Line

Owning a vacation home is an investment in your future and your lifestyle. If this is one of your goals this year, you still have time to buy and enjoy spending the summer in your vacation home.

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And so it begins…Bathroom Refresh

My husband and I adore Upstate NY. With the mountains and lakes and fresh air….the region gives us deep relaxation and is only a few hours away from the hustle and bustle of our daily city life.

Because of our love of the region, we decided to purchase a vacation home so that our family and friends can join us in our pursuit of living more joyfully.

We were able to buy an inexpensive townhome in a placid location that is just minutes from all of the great things the city center has to offer as well as being nearby to the more bucolic sights and sounds we enjoy.

Of course, in real estate, inexpensive translates to “needs work”. This townhome had one owner over the last twenty years, who was elderly and did not/could not keep up with the maintenance. So–once we closed on this little project, we began to dig in.

As our intent was sharing the space and having friends and family stay with us, we wanted a kitschy feel to give those vacation vibes. We also knew we would have to beg for help for some of the more major projects and needed the space to be inviting. So we set about setting up bedrooms and bathrooms first. Extra bonus, I feel better when things look pretty.

Here is one of the guest baths before the makeover.

Looks nice enough, but the water damage, non flushing toilet and sink that wouldn’t allow water to flow needed to be fixed as well as some other cosmetics. Thankfully, in this bath, the shower did work! (we cannot say that of all bathrooms in the house and still can’t to this day…sigh…patience, I know…)

Here is the Makeover…(we still have to replace that water damaged baseboard but need my sister in law and her handy wood working for that trick!)

While I dislike the corner sink, we are working on a tight budget for this house and a new vanity for this bathroom was just not happening, unless Hubs couldn’t get it to work. We earmarked $250 for this bathroom–and with paint ($55), towels ($60), new mirror (on clearance for $50!) and the new towel rack ($75) we were doing great. Special thanks to our friend Ari, who gave us the wall hangings. The hand towel holder and little stool were from our former home. And finally, my favorite piece, the toilet paper holder, was made from rope, magnets and macrame holders from Hobby Lobby for a total of $7! Hubby had some tools so he was able to fix the toilet and the sink so all in, we refreshed this bath for $247–woot woot, three bucks saved!

And now the journey continues…next time, the guest bedroom that goes along with this little bath. It’s JUST about done!