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Home Buying

Your Vacation Home: What to Consider

By February 21, 2019No Comments
Small Home in the Mountains, Vacation Home

Before you buy a vacation home, you will want to consider a few different things. Some of those will be data-driven. A good, hard look at the numbers at what makes sense for you financially. Others will be emotional and not based upon what the data says. Finding the right balance between the numbers and your feelings will deliver the best vacation home for you. And that’s what you really want!

Data Driven

In the current housing market, with prices rising and sales booming, you have to be savvy when searching for a vacation home. When you are looking at the numbers, what are you considering?

National Median Housing Price

You certainly don’t want to overspend on your vacation home. The national median housing price is a good place to start when you are considering how much to spend. Don’t forget to consider the local market as well. What are most homes in the area going for? According to Zillow, the current median home value in the United States is $225,300.

Interest Rates

Keep an eye on what the current interest rates are for loans when you are considering what you should be spending on your vacation home. To get expert advice and take advantage of current rates, talk to us today. We want to help your dream of a great vacation home come true.

Other Options

There are a few other aspects to consider about your potential vacation home. When you are not at home, is it an attractive location to rent to others? Do you want to do that? You might consider having a trusted friend or acquaintance who lives nearby check up on the property semi-frequently.

Another thing to consider includes the equity you can build. Having a vacation home can also mean having an investment. If you are not planning on having the property for many years, you will want to make some money on the deal.

Emotional Aspects

When it comes to your emotional involvement with your vacation home, decide how you would like to feel when you’re there. Would you prefer a little cottage nestled in the mountains or a water-front property?

Town Culture

Consider your answers to the following questions:

  • Is this a place you want to be for extended amounts of time?
  • Is there a sense of community?
  • Will you like your neighbors?
  • Does the town have historic architecture and plenty of things to do?

After you have considered these questions and come up with some answers, order your thoughts. When choosing a good location for your vacation home, these will all play major roles in your happiness while you’re there.


Many vacationers would like their vacation home to be relatively close to an airport. It makes sense, you don’t want to spend too much time traveling. The bulk of your vacation should be spent enjoying it. Whether you want to escape civilization or be close to a city, you want to BE there not traveling.

Other aspects to think about include proximity to the nearest town. Can you walk to the town square or market? You may need a vehicle while you are there and this is something you will want to know ahead of time.


If everything goes as planned, you will spend a lot of time at your vacation home. There will be plenty of memories for you to look back on. Make sure your vacation home will let you reminisce with happy thoughts. Making unforgettable memories with your family and friends at your vacation home will make it worth whatever you decide to spend.

Bring it Together

There are plenty of decisions to make when buying a vacation home, even beyond what we have mentioned here. Consider the different aspects above and let us worry about the home purchase. Together, we can build a future for you that includes the vacation home of your dreams!

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