When it comes to building a custom home, don’t limit yourself to your current location. Whether you’re partial to the mountains, the woods, the beach, or any other destination, consider constructing a vacation house there. Here are a few advantages to contemplate before discussing ideas with your general contractor.
Benefits of Building a Vacation House
1. Accommodation Savings
Booking a vacation gets expensive quickly when you have to pay for flights and accommodations in addition to setting aside spending money. A vacation home at a favorite destination saves money on hotels, motels, and Airbnbs to help keep travel costs reasonable. And, since you own the house yourself, you won’t have to deal with unwelcome surprises.
2. Headquarters for Family Gatherings
If you have a big family or routinely attend reunion events, your custom home can serve as official headquarters. This helps family members save money on accommodations and makes it more convenient for beloved friends and relatives to visit.
3. Extra Income Opportunities
Renting out your vacation home while you’re at a primary residence provides an additional source of income, which is especially helpful for paying two mortgages. Even if you decide not to rent it, your custom home is an excellent investment because it allows you to build more equity and potentially sell the property at a gain in the future. Tax breaks may also be available if you do not use the house as a rental.
4. Potential Retirement Home
When you build a custom home, the vacation retreat can double as a wonderful residence for retirement. You won’t have to stress about where to retire because you’ll already have a house in a favorite location, furnished and ready to enjoy.
If this special type of custom home is right for you, discuss your vision with the general contractors at Up North Builders, Inc. Licensed, bonded, and insured, these contractors and carpenters have over 35 years of experience and serve the Northern Regions of Minnesota. Call (218) 285-3635 today to schedule a free consultation and see their latest work on Facebook.