Vacation Homes

New Home Builds Add Value to Your Vacation Home Investment

New Home Builds Add Value to You Vacation Home Investment

When it comes to investment, there may be no more enjoyable investment for a family than a vacation home. The majority of the year you can rent your vacation property, but a few weeks a year your family can stay in your vacation home, truly enjoying the benefits of a financial investment that is providing short-term pleasure and long-term financial gain.

It has never been simpler to own, maintain and rent out a vacation home, because websites offer services to help you keep your vacation home rented out, cleaned, and maintained, even if it’s not in a location where you live. Be sure that you do your research to find out what kind of rental income your new vacation home can bring in. See what comparable vacation homes are renting for in the areas you are considering.

Making sure that your vacation home is a new home build, will add value to your investment. New builds require less maintenance initially and allow you to customize the features of your home specifically to a vacation home rental market. For instance, houses with more bedrooms rent for more money even if those bedrooms are smaller. You can get the most for your dollar when you prioritize the features that are the most important to you.

Trafalgar Homes is all about affordable home construction. They specialize in building quality family homes, and vacation homes to code using industry standard materials. There are over 40 designs to choose from and start as low as $72,934.00 (lock-up).

At Trafalgar Homes we are here to help you make the right choice when it comes to building your new vacation home. Book your no-obligation appointment or call 1.866.971.0239 so that we can help you to find the design that will be perfect for you and your budget.

Reasons to Consider Purchasing a Vacation Home

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Owning a vacation home is a dream for many families as doing so would allow them to escape to their favourite vacation destination on a regular basis. However, for many homeowners the decision to purchase a second home can be a complicated one. Thusly, it is important to consider whether it is the right time for you to purchase a vacation home. To help you make this decision, here are some of the benefits of purchasing a vacation home.

Creates a Home Away From Home

For many, one of the greatest disadvantages of vacationing is having to stay in a hotel. This often means paying a great deal of money to rent a tiny room that has an uncomfortable bed that many other people have slept on. By purchasing a vacation home, you will be able to fully relax on vacation as you will be staying in your second home; a place you are likely comfortable in as you know it is yours. Furthermore, having a vacation home simplifies packing for vacation, as many of the things you would traditionally need to bring to a hotel will already be in your vacation home. In fact, many people keep extra clothes and belongings in their vacation home so that they do not have to pack anything when they go on vacation.

Financial Benefits

There are many financial benefits in purchasing a vacation home. While purchasing a second home is generally a good investment, purchasing a vacation home is an even better investment. This is due to the fact that vacation homes are traditionally located in popular vacation hotspots. Thusly, these homes are more likely to hold their value, or even increase in value, due to the fact that vacation destination homes are generally always in demand. Vacation homes can also be a source of extra income if you decide to rent the home to travelers during the times of the year when you are not living in your vacation home.

Vacation homes can be a fantastic investment as they ensure that you and your family have a place to vacation, and they can act as an additional source of income. Contact us to learn more about the benefits of purchasing a vacation home and how one of our vacation property designs can be not only affordable but a wonderful vacation for you and your family.

Considering a Second Residence? Here are some Strategies for Affording a Vacation Home

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Vacation homes are something that are often thought of as being only for the wealthy. That doesn’t have to be the case, as there are a number of ways ordinary people just like yourself can have the vacation home they desire, without overextending themselves financially.

Consider Renting the Residence Part Time
One way people are able to afford a vacation home is by renting it to other travellers for short periods of time throughout the year. That way, the home is generating a source of income, yet is also available whenever it’s needed. If you do decide to go this route, think about how you will keep up with maintenance on your vacation home. A property management firm can be very useful in turning over keys, keeping up with maintenance, and promoting your rental, thereby allowing you to at least cover your operating expenses.

Calculate your Savings
If you regularly travel to a particular area multiple times each year, buying a vacation home might actually save you money in the long run. Rather than having to rent a hotel room, you could stay in the comfort of your own home instead. You would also save money on meals by preparing them at home rather than eating out. Plan wisely, and you might discover that a vacation home isn’t all that far out of reach after all.

Plan for an Investment
Maybe you’ve always dreamed of retiring in a certain area, in which case you could consider your vacation home a long-term investment. If this is the case, consider deferring any money you are now investing into the purchase of a vacation home instead. You’ll be building equity in your new home, and will already have the framework in place for your retirement once that day finally does get here.

People who take regular vacations lead happier, healthier lives. If building a vacation home is on your bucket list call us toll-free at 1-866-971-0239 or contact us to discuss how we can provide a cost effective solution to building your vacation home.

Residential Construction – Big is Not Always Better When it Comes to Floorplans

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Whether you’re looking to build a new primary home or vacation home, the floor plan is a critical piece to your homebuilding process. Today’s society pushed larger spacious homes as the go-to layout, but smaller floor plans can offer the same amenities, comforts and enjoyment with a much smaller build cost. If you are looking to build a new home and don’t want to break the bank, then a smaller floor plan could be your ideal choice.

Location

Your desired building location dictates the size and shape of the residential construction house you can build. Many lots in vacation areas such as lakefronts offer much smaller and narrower lots than standard resulting in less floor plan choices. Choosing a smaller layout home will allow you more building opportunities within areas of smaller land parcels as well as more outdoor space to enjoy.

Costs

Smaller home layouts are a big money saver for consumers on a budget or looking to keep their housing spending down. The layouts require much less building material and labour resulting in a home price substantially lower than their large counterparts. The low cost of smaller plans allows more buyers into the vacation home market. It also results in faster build times and buyers can spend more on the location of the home which can be the most important detail.

Amenities

Choosing an average or smaller floor plan does not limit which amenities you can choose to outfit the home. They offer all the same amenities just in a smaller space that can often make living more efficient. Kitchens offer a small but functional layout that contains all general appliances and luxuries such as granite counter-tops and travertine floors. Larger windows and extended ceiling make dining and living areas feel much larger and airy. Homeowners who choose the smaller layouts will find they can have all the luxuries and amenities at a lower price.

Contact us to find out more about our smaller floor plan designs and how we can build you an affordable home or vacation property.

Features to Consider when Building Vacation Homes

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Here in Cowichan Bay, the beautiful scenery, abundant wildlife and outdoor recreation make it a perfect spot for a vacation retreat. Planning vacation homes takes a little more preparation, as you must walk a thin line between having a home that is too elaborate and one that isn’t as comfortable to spend time in as you would like. Here are some must-have features you should consider when planning your vacation home that will allow you to have the best of both worlds.

Location-This is probably the most important aspect of a vacation home, as you’ll no doubt want it to be in a safe and quiet location that’s also near some local attractions. The view from your vacation home is also important, as you’d probably rather be surrounded by nature than other high-rise buildings.

Worry-free space where you can relax and let your hair down without worrying about creating stains on carpeting or damaging delicate woodworking is also a must. Your vacation home should be as maintenance-free as possible, and contain a game room, family room or covered porch that is free of carpeting so that you won’t have to worry about keeping it clean all the time.

Good quality appliances should be included in your kitchen, regardless of its size. When you’re away from home, the last thing you want to do is worry about your appliances breaking down, which is why it’s important to choose top-quality ones. Not only that, but higher quality appliances are also more energy efficient, so you’ll save money on operating costs as well.

A Covered Deck or Patio off the Main Floor is essential, because this will help you extend your living space somewhat, not to mention the fact that you’ll also be better able to enjoy that beautiful view you’ve already planned for.

Aside from these features, you probably have a list of your own must-haves that should be included in your vacation home. Since each vacation home is as unique as its owner, there really is no limit as to the style and amenities one can contain. Contact us for more information on how we can build a vacation home that is right for you!