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  • Writer's pictureJacob Williamson

Why Buying a Vacation Home Beats Renting One This Summer

For many of us, visiting the same vacation spot every year is a summer tradition that’s fun, relaxing, and restful. If that sounds like you, now’s the time to consider your plans and determine if buying a vacation home this year makes more sense than renting one again. According to Forbes:

a house on a hill Jacob Williamson Realty Century 21 Affiliated Realtor Anaheim Hills CA
a house on a hill Jacob Williamson Realty Century 21 Affiliated Realtor Anaheim Hills CA

“. . . if the idea of vacationing at the same place every year makes you feel instantaneously relaxed, buying a vacation home might be a wise move.”

To help you decide if making a move like this is right for you, let’s explore why you may want to consider purchasing a vacation home today.

Benefits of Owning Your Vacation Home

You don’t have to worry about finding a place to stay. It can be a challenge to find a rental where you want when you want. Some summer vacation destinations are more popular than others, meaning your favorite place may be booked up in advance. Bankrate explains why owning your vacation home means you don’t have to worry about that sort of inconvenience:

“. . . a second home can offer a place to have quality time with your family and ensures that you always have a vacation destination.”

It’s an investment. Home values typically appreciate over the long haul. That also holds true for your vacation home, especially if it’s in an area with growing market demand. This can help grow your net worth with time.

Vacation homes may provide tax benefits. If you own a vacation home, you may be eligible for tax deductions based on where it is. However, before buying, you’ll want to consult a tax professional to discuss this first, as taxes can vary by location.

It could potentially turn into a retirement location. If you love the location of your vacation home, you could potentially sell your primary residence and retire there in the future.

How a Pro Can Help You Find Your Perfect Match

As you prepare for summer vacation, remember you could visit your second home instead of another rental unit or hotel. Jacob Williamson Realty could be your best resource if that interests you. He has the knowledge and resources to help you understand the area and what vacation homes are available in your budget. Plus, he can explain the perks of how owning a second home can benefit you.

Bottom Line

Let's connect if any of these reasons for owning a vacation home resonate with you. You still have time to enjoy spending the summer in your vacation home.

Jacob Williamson Realty

Century 21 Affiliated | Realtor


DRE 02179062


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