vacation cabin/lodge/cottage appreciate slower than other houses?

**n27hybrid** · 04-27-2008, 04:02 PM

I am looking into buying a small vacation cabin that is located bout an hour from where i live.

I dont want to actually live there, but I want to use it like every weekend and maybe some weekdays. --kind of like a weekend getaway.
Currently i live on campus housing (year round) cause im in full-time school (i workalso ).
My question is --is this bad idea as far as investment is concerned?? I mean, do small vacation cabins/lodges appreciate at all or what?
also, can you make any money renting it out as a vacation spot, or is this a big pain in the a**
please sum1 respond who knows about this... thanks!

**Codythebest** · 04-27-2008, 04:56 PM

Why don't you go with an overnight rental investment that you can use anytime you want? Guest will pay your expenses...and since you're building an income history, you may increase the value as well...
My 2 cents though...

**portland real estate** · 04-27-2008, 10:59 PM

The answer to your depends on so many different factors that I don't think anyone could give you a real answer without knowing more specifics.

In some areas people make lots of money renting out vacation rentals, in other areas they make little to no money. Naturally, the markets will have this priced in to some degree.

Popular vacation areas will have property management companies that handle vacation rentals. You might give a call to a local management company in that area to find out what the demand is like. In many places it will be seasonal and it will also depend greatly on the exact location of the property you buy.

**Greg** · 04-28-2008, 05:51 AM

Beach property appreciates at an incredible rate because there is a limited supply and lots of demand. If your cabin is on a lake, near a ski slope or has breath taking views, the same principles of supply and demand will apply.

If your cabin is in a mediocre location then you should just factor in your personal use and don't worry about appreciation. Real estate is something we own for personal satisfaction first and and as an investment second.