Making the decision to purchase a vacation home comes with an endless list of benefits. Indian Lake is an ideal location for many families in Ohio, featuring yummy lake-side restaurants, watersports, boating, camping, and more! Not only is purchasing a vacation home at Indian Lake a relaxing way to escape from the city, but eliminates the hassle of planning a vacation. Having the opportunity to get away without worrying about scheduling, booking, or planning a trip is ideal for most families. There is no better feeling than packing your bags and hitting your waterfront home for the weekend! You may be wondering, is buying a vacation home a good investment? Here are the rewarding benefits your family will experience upon taking the leap.
Summer is the best time to create memories, especially with those close to you. Family members of all ages are bound to have a blast at the lake, where the activities are endless! Go for a morning hike, head to a swimming beach, take a boat on the water, or roast some marshmallows as the sun goes down. Having a place to visit with loved ones where you can spend quality time together is something to appreciate.
Planning a summer vacation comes with a long checklist. Ensuring the entire family can meet on the same dates, finding a rental or condo, and scheduling in advance to secure the dates can start to increase the amount of stress. Owning a vacation home leaves the freedom up to you! All you have to worry about are packing your sunscreen and hitting the road. This makes it easy for friends and family to come and go as they please without dealing with a third party when planning.
A vacation home sounds ideal for most, but is it worth the investment? Here are some ways owning a waterfront home can pay off:
Whether you live in Ohio or are looking for reasons to visit Ohio, waterfront property at Indian Lake surely takes a high ranking!
Choice Properties offers you a chance to find the home of your dreams. We work with your budget and ideas in mind to support your ultimate vision. Call us if you are ready to check out the available inventory or to speak with a reputable agent who can assist you with your home buying needs.
The last few years have been great for vacation home sales, according to the National Association of Realtors. With rising home prices and stock market gains, the market was flooded with people nearing retirement, and the median vacation home sold for approximately $150,000/-. There are many upsides to buying a vacation home. You can decorate it as you wish, leave your clothes there, rent out the property if you want and possibly even retire there. A vacation home would be perfect for large family gatherings.
A vacation home can be purely for pleasure, if that's what you want it to be. Vacation homes for sale in Ohio are in high demand, as people flock to the state. There are a lot of beautiful vacation spots in Ohio, and you could fall in love with a specific location, and in that case purchasing and maintaining a vacation property will be worth it. You could get away anytime, without having to book hotels. Knowing that you had your own vacation home means you can schedule your vacation time at your convenience.
If you do your research, you'll find that vacation homes for sale in Ohio are a hot commodity because waterfront property is only increasing in value in and around Indian Lakes. When you buy in a desirable location can mean a great investment. Your return on investment will come in the form of renting the property out to others who want to vacation there. Over time, that can generate considerable income. And you can always opt to use it yourself, when it's not being rented out.
Purchasing a vacation home with the intention of selling your current house and retiring in it can be a huge money saver for you. How? You'll be reducing your mortgage debt before it even becomes your primary residence. And once you retire, the profit from your sold home can go toward the current mortgage balance of your vacation home. This will also make your transition easier, as you'll be familiar with the area already. Meanwhile, you can rent out the property and tap into a secondary source of income.
Vacation homes for sale in Ohio can be a big commitment. It's a decision that come with personal and financial responsibilities. However, the housing market is still very active and rates are still pretty low, so now might be the perfect time to buy that vacation home. Consider the waterfront property in Indian Lakes Ohio. It would make a good investment, an easy place to rent, and a great place to use in your own downtime.
You might think that selling waterfront property in Ohio would be a breeze. After all, who doesn't want a waterfront home? However, it isn't always an easy sale, no matter how beautiful the property might be. Knowing how to sell a waterfront property in Ohio can make all the difference between how long your property stays on the market and how quickly it sells. Following are some tips from our experienced real estate specialists to help you sell your waterfront property right here in central Ohio.
In any real estate market, the price of the property is one of the biggest factors. The price has to be right for a buyer to take the bait. Pricing your property right is half the marketing. Pricing it wrong will make the property sit in the market for longer than you want. Ensure that you're pricing your waterfront property fairly by taking into account the location, the size of the waterfront, what amenities are around it, and the state of the market. It may be worth consulting a professional to determine a fair value for today's real estate market.
It doesn't matter how much waterfront your property actually has, if no one can see it. For your waterfront property in Ohio, staging is going to be very important. If there are a lot of plants and trees obstructing a beautiful view, consider trimming some of them to make the most of the view. A realtor can help you stage your waterfront property to show off its best assets. Just a little bit of staging can go a long way to making your property more appealing.
Beyond a doubt, one of the most important aspects of selling your waterfront property will be the dock. Any potential buyer is going to want to see the dock and make sure that it is relatively easy to access. If dock access is difficult, then a buyer may pass on the home, regardless of all its other qualities. It's a good idea to also ensure the stability of the dock. The last thing you want to kill the sale of your waterfront home is an unsafe dock.
Having great photos and a comprehensive video tour can be a vital tool in your marketing plan. The lake you live on should be a significant part of the marketing you do. If you can, hire a professional photographer to take some exterior shots. It will be well worth the money you pay. In all the picture taking however, don't forget the descriptions of the property. Pictures are important, but a well crafted description will give it another push.
Selling waterfront property in Ohio can be a simple matter.
With the proper preparation, planning and execution, you can be assured that the
process will be relatively stress free and lead to a successful sale.
Contact the experts at Choice Properties today and find out how you can sell waterfront property in Ohio, even in difficult markets.
Ohio lakefront living is beneficial in so many ways. Relaxation and peace are not the only reasons being by water increases overall health. Ohio has many beautiful spots to choose from when selecting the optimal lakefront property. Learn more about why waterfront homes provide so much for people who enjoy the serenity of living by a lake.
People are likely to enter a quiet, meditative state when near water. Close proximity to water floods the brain with feel good hormones such as dopamine, serotonin and oxytocin. Because of this, people can enhance brain processing while slowing down to enjoy the peace being by water brings.
Air quality near lakes is higher than inland air which makes it a healthy choice for individuals who want fresh, clean breezes blowing through their windows. After a day out on the lake or spending time near a lake, people tend to feel more refreshed and ready for the days ahead. Living that way every day is like being on permanent vacation.
The soothing sounds of water coming up to shore or nature hovering nearby the water can be extremely relaxing. Nature and water have ways of calming down the senses from the overload of living with too much hustle and bustle. Spas use fountains with running water for this reason. Living near water will bottle this spa effect and bring it home to provide relaxation and a refuge from the outside world.
Compelling research has shown that water tends to draw people in towards it, like a magnet. Much of a person's daily stress can be relieved by living closer to water. Green spaces in communities help reduce stress and water can provide the same effect.
Immune systems function like a well-oiled machine. When stress is high, the machine may not run at optimal potential. As stress decreases, as it can do near water, a person will experience more positive health benefits inside the body including increased immunity. Lakefront living provides a healthier, more relaxed lifestyle in which to exist.
Lakefront living is a great opportunity to take advantage of all the health benefits it offers. Choice Properties provides the best selection of lakefront living at affordable price points and seeks to give you the best service through our top notch realtors.
Let us help you find the best lakefront Ohio property.
Give us a call today!
AirBnB has transformed the vacation rental industry and many homeowners are taking advantage of all the platform has to offer. When thinking of becoming a host, it is important to follow some steps to protect the property, one's privacy and provide the best chance at success. Learn about how to rent a vacation home on AirBnB.
A person who wants to host others in a home can gain more than financial benefits. Three main types of hosts exist:
Someone looking to make extra money from the space
Someone looking to support a secondary source of income
Someone who wants Airbnb to become a business and main source of income
The more income a person desires, the more planning it will take as well as risk. Many tools and strategies exist to support a person who wants to make a sizeable income from renting rooms on Airbnb.
Chat with potential guests to ask questions prior to booking. It takes time and effort to earn great reviews as well as checking guests in and out. Set expectations up front about time commitment will be required prior to hosting.
Home insurance plans are not a guarantee of insurance for damage due to short term renting. Airbnb provides a $1 million guarantee but it is still risky and additional insurance may be needed.
A quiet community may be averse to having tons of outsiders coming into the neighborhood on a regular basis. If a unit is part of a shared space, it helps to keep neighbors in mind. Consider managing relations with neighbors who may ultimately put the kabosh on things if it doesn't go well.
For a person serious about hosting guests, furnishings and amenities can make a huge difference. Each unit must have furniture. The choice of furniture must provide both function and form. Consider what pieces are important to guests and make sure it supports the best interest of those staying in the room or space.
Once the listing is ready, get positioned for success. Great photos and descriptions are fine but don't tell the whole story. The following can help in putting up a space for a successful run on Airbnb:
Seat clear house rules about what is off limits and strike a balance for those coming and going
Protect identity and follow the Airbnb rules
Keep bookings short to avoid potential squatters (people who stay for weeks or months at a time)
Renting a vacation home can be a fun, creative way to make extra money while meeting interesting people and offering a fun way to engage travelers. It can also be a headache if the research and work is not done up front. By following the tips provided, it will help to alleviate some frustration with renting to make it a more enjoyable experience for everyone involved.