Tips on How to Find the Best Vacation Home

Finding the best vacation home is about balancing lifestyle dreams with smart investment choices.

Here are some tips to guide you:

1. Choose the Right Location

• Think about what matters most: beachfront, mountain views, city access, or quiet seclusion.

• Research nearby attractions, restaurants, and activities.

• Check the seasonality—is it lively year-round, or does it shut down off-season?

2. Evaluate Accessibility

• Consider how easy it is to get there (direct flights, drive time, ferry access).

• If you plan to rent it out, travelers prefer convenient destinations.

3. Understand the Market

• Look into property values, appreciation trends, and rental demand.

• Compare home prices and vacation rental rates in the area.

4. Know the Local Rules

• Some towns restrict short-term rentals (Airbnb, VRBO).

• Check HOA regulations, zoning laws, and tax requirements for second homes.

5. Think About Maintenance

• Vacation homes need upkeep, especially in harsh climates (beach salt air, snow, humidity).

• Factor in costs for landscaping, cleaning, security, and repairs.

• Consider if you’ll use a property manager.

6. Buy for Lifestyle First, Investment Second

• Pick a place you’ll personally enjoy using.

• If you’re planning to rent it out, make sure it appeals to guests (number of bedrooms, amenities like a pool, hot tub, or outdoor space).

7. Run the Numbers

• Budget for mortgage, insurance, taxes, and utilities.

• Don’t forget hidden costs: travel, furnishing, and emergency repairs.

• If renting, estimate occupancy realistically (not 100% booked).

8. Visit Multiple Times

• Tour during different seasons to see how the area feels year-round.

• Talk to neighbors and local business owners about the community.

9. Prioritize Amenities

• Wi-Fi, good kitchens, outdoor living spaces, and proximity to the beach or slopes add value.

• Think about what you can’t live without on vacation.

10. Work with a Local Realtor

• A local expert knows which areas rent best, upcoming developments, and which homes are overpriced.

• They can also guide you on negotiation and local rules.