Subscribe and receive email notifications of new blog posts.
RSS Feed
- 2022 | 15 Posts
- 2021 | 24 Posts
- 2020 | 26 Posts
- 2019 | 11 Posts
- 2018 | 6 Posts
- 2017 | 3 Posts
- 2016 | 19 Posts
- 2015 | 4 Posts
2
Home Away From Home: Investing in an RV
After the unexpected and unprecedented challenges we've faced in 2020, our real estate agents think the idea of hitting the open road sounds better than ever. With sales of recreational vehicles hitting record increases of as much as 30 percent, it's clear that people across the country feel the same way.
Dealers estimate that 50 to 80 percent of these sales are by first-time buyers. As a recent addition to the ranks of RV owners, I love how easy it is to get away safely and efficiently for camping, hiking, rock climbing, or just a much-needed break.
Are you ready to #optoutside? Here are some helpful tips about joining RV Nation.
Why Invest in an RV?
With price tags ranging from $10,000 to $500,000, RVs rank with cars and houses as major life purchases for most people. But just as with those big-ticket items, the benefits and advantages can be well worth the investment.
- Enjoy flexibility to travel on your own schedule without working around airline and hotel availability. Even better, studies show a family of four can save 21 to 64 percent on the cost of a vacation when they don't have to spend on airfare, hotel rooms, and restaurant meals.
- Hotel mini-bar doesn't stock your favorite snacks? Maybe you forgot to bring your favorite pillow. Stock your RV with your travel must-haves.
- No more waking up to the sounds of late-night partiers stumbling down the hall outside your hotel room. Fall asleep to chirping crickets, rhythmic waves, and other soothing sounds of nature.
- In many cases, families are no longer tethered to offices and classrooms. Thanks to mobile hotspots and campgrounds with WiFi service, you and the kids can keep up with your work and school obligations wherever you go.
- RV ownership automatically makes you a member of a welcoming, close-knit community throughout the nation. It's easy to meet other travelers, strike up conversations, and sometimes forge lasting friendships. In addition, the RV network has an extensive online presence with blogs, YouTube channels, and other great resources.
- You may be able to offset the purchase and maintenance costs of your RV by renting it out.
What to Consider Before Buying an RV
Would you shop Morgantown homes for sale without knowing what you were looking for? Use these tips to narrow your focus before signing on the dotted line for an RV.
- "Recreational vehicle" encompasses a range of options, including motorhomes, fifth wheels, and travel trailers. Do your research and decide which best suits your needs.
- Don't be tempted by bells and whistles you can't afford. Make a budget and stick to it.
- Like everyday vehicles, RVs depreciate in value, especially if you purchase new. You can often get more bang for your buck buying used, where the depreciation factor is less significant and potential factory defects have been discovered and resolved. Also, if the previous owner has made any upgrades, you reap the benefits at a much lower cost than doing them yourself.
- Inspect every inch, inside and out, especially if you're buying used. Particular trouble signs to watch for include mold, floor damage, and rust.
- Use the VIN to do a background check with a service such as RVchex.com that will uncover issues such as previous damage, lack of clean title, or manufacturer recalls.
Morgantown's proximity to state parks and other scenic areas makes it a perfect starting base for RV adventures. Whether you're buying or selling a home, contact us at Heritage Real Estate for dedicated and knowledgeable assistance.
Bill Porter, Broker
(304) 612-3746207 Aurora Dr
Morgantown, WV 26508
WEST VIRGINIA LICENSES BROKER WVB240300963
AGENCY 010271-00
Translate
Office License No. 010271-00