November 17, 2017

Top tips for buying a recreational property

During the summer months, many Canadians in search of a little rest and relaxation flock to the country to buy the perfect recreational property. Yet, without the proper tools or guidance, their search can be anything but peaceful.
“There are often many little details to consider before pulling the trigger on a transaction that can seriously affect a prospective homeowner’s enjoyment of recreational living,” explains Todlynn MacPherson of Royal LePage Truro Real Estate. “For this reason, it is important that buyers think about what it is they truly want before looking for some fun in the sun.”
Here are four factors to consider when looking for a recreational home:
Seasonality matters. Before searching for a recreational property, consider when you’d like to use it. While some properties are built for the summer months, others can be enjoyed all year round.
Keeping up with maintenance. Certain homes require more upkeep. Prior to making your decision, think about the amount of work that you are willing to put into maintaining a recreational property.
Location, location, location. A property is only as good as the enjoyment it brings. By purchasing a recreational property closer to home, prospective buyers are effectively able to use it more often, providing a greater return on their investment.
Hire an experienced realtor. Recreational properties are often purchased well outside of a buyer’s area code. In order to get a lay of the land, it’s highly recommended that potential owners seek the help of an experienced local real estate agent. Doing so will accelerate your search in finding the cottage of your dreams.

– News Canada

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