Is your recreational property a good investment? Supply and demand along with location have always been a key factor in providing a good investment to a consumer. Real estate throughout history has proven to be a profitable long term investment, sometimes it even shows a quick gain.
I have always felt real estate should be purchased as long term investment. What I like the most about buying real estate over other investments is it is something you and your family can use and enjoy now. In the future it could become your retirement home.
While enjoying the benefits of owning a recreational lake property, you should always be asking yourself “what can I do to help increase the value of my investment”. Curb appeal is a very important feature to a buyer. Plant trees and shrubs, put a fence up, and do all you can do to improve the appearance of the lot. Taking pride in your property is worth the time and effort you put in.
Diane Bender/ Broker/Realtor