With the holidays wrapping up, it’s time to start planning your next winter getaway. If you’re looking for something more relaxing after the bustle of holiday travel, a cozy vacation home might be perfect for you.
But how can you rent or buy a vacation home without breaking the bank?
First, it’s important to note that the top places for vacation homes are not the same cities that are popular for holiday travel. According to a recent report from rental site Vacasa, the top places travelers buy vacation homes are mainly in the Rockies and on the West Coast, although Okemo / Ludlow, Vermont topped the list.
Rent before you buy
Take a vacation to the place you’re considering before buying a home there. You may decide no matter what the potential return is that you prefer a different locale. If you are serious about purchasing a vacation home, you may want to consider planning trips where you can stay in multiple destinations for a few days each.
Consider using mileage to travel around, especially if you are visiting multiple destinations. For instance, you could fly into Flagstaff, Arizona, using American Airlines AAdvantage miles and then drive to Lake Tahoe. Then, you can fly out of Reno, Nevada, to Boston to get to Ludlow, Vermont, by car or via a small plane on Cape Air.
Consider vacations close to home
You can also start by looking for vacation homes close by. A few moments away may be a whole different vibe and climate from where you live. For instance, Los Angeles residents have both the desert and mountains within a couple hour drive. New York City also has forests and mountains within an hour or two.
Planning a trip? Check out these articles for more inspiration and advice:
3 ways consumers benefit when hotels compete with Airbnb
When to buy your first vacation home
Buying a vacation home: How to find your comfort zone