Planning your dream vacation homeJanuary 1, 2008
Would you like to create a dream vacation home that you can use for rest, relaxation and recreation? Market studies show that sales of second homes now account for more than one-third of all residential real estate transactions, so buying a vacation retreat is an excellent investment.
Focus your home search on the areas you most love to visit. Most vacation homebuyers choose a location that is between 50 and 100 miles from their primary residence. The typical purchase is a single-family home of approximately 1,200 square feet.
One of the delights of purchasing a vacation home is modifying it to reflect your unique tastes and preferences in home design and furnishings. In planning the changes you are going to make over time, it is important to remember that you may decide to sell the property some day. Perhaps you will find another, more desirable house in the same area, or decide to trade your mountain ski lodge for a tropical beachfront villa.
No matter what the location, you should buy, build or remodel a home with features that withstand the test of time.