Life can be hectic sometimes. The calendar moves quickly and the weeks seem to fly by. That’s why it is important to take time to get away from it all. Everyone needs a break once in a while from the phone, the computer and the nonstop activity life can bring. A vacation home allows you to slow down, relax, and spend quality time with your friends and family. Getaway homes are a wonderful investment of your time and resources.
Timeshares
Many people own part of a timeshare as a way to have access to a vacation home without shouldering the costs of owning a second home. However, with timeshares you are often limited in the days – or even months – that you have access to the property, making scheduling an impromptu weekend vacation nearly impossible. You also may have to deal with fees imposed by timeshare management companies, as well as complicated rules about when and how you can reserve vacation time at the property.
Existing Homes
Another option is to simply buy a second home in a location where you frequently vacation. However, property prices can be sky-high in desirable areas simply because of the high demand. You want to be able to enjoy your getaways to your vacation home, not spend the whole time thinking about how much it’s costing you. Purchasing a second home and taking on a second mortgage payment can be more trouble than it’s worth, especially if you are looking at homes in an expensive area.
Modular Homes
Modular homes are becoming a popular and affordable option for people who want a vacation home but don’t want to break the bank. Modular homes can be designed and customized to your exact specifications. They are then manufactured in sections, or modules, in a factory. The sections are then transported to the location where the house is being built and are assembled there. This process saves both time and money, which makes modular homes an affordable option for a getaway home. Modular homes can be built in a wide variety of styles and sizes so you are sure to find something that suits your design preferences.
A vacation home should be low maintenance, affordable and a place to make wonderful memories. While the thought of purchasing a getaway home can seem overwhelming, there are affordable options out there. Take the time to research your options, look at the pros and cons of each, and decide what will work best for you.
Rachel White is a vacation and travel consultant who has written on a wide variety of vacation and travel-related topics. In her free time, Rachel loves to travel and explore the world!