Small Log cabins are becoming increasingly popular in recent years. They are a great investment and can be a lot of fun, but there is more to it than that. Here are the top 6 reasons why you should look at Colorado log homes for a potential vacation home.
When you buy a log home as a vacation home, you do not just give yourself a place to hang out when life gets too stressful. You also have a great place to retire and live out your later years. So many people retire and only then realize that their homes are too big for them. Owning a vacation home can be ideal for this type of situation. You can plan and list your house before you outgrow it and move right into your log home when you are able.
Real estate is a great way to build on your wealth. For most people, their primary residences are their biggest assets. If your home is worth $600,000, you can increase your wealth by 80% by buying a vacation home that is worth $400,000. You are then sitting on a combined $1 million in assets. As an added bonus, the mortgage payment for your unique log vacation home may be covered if you are renting it out while you are away.
From corporate retreats to wedding receptions, a log cabin vacation home can be the perfect venue for any type of event. The great thing about log cabins is they are often remote, which makes for more private events than you might get through a commercial venue in town. Hosting an event in your vacation home rather than your primary residence means that you do not have to worry about guests destroying or damaging your personal belongings that you use every day, and you may feel less violated from having people in your personal everyday space.
Although the economy is always fluctuating, the real estate trend is actually appreciating over time. As with anything else, it has its difficulties, but if you analyze it over the past few years especially you will see that the overall trend is moving upward. This makes buying a vacation home a good deal in terms of financial security.
Another reason to buy a log cabin as a vacation home is to use it as a rental property. As long as you choose a good location and hire the right professionals to manage your property, you can turn a great profit from your vacation home. Whether you are looking for something to rent out as a venue for corporate retreats and/or family reunions, or if you are renting the log home to small groups of people like families and couples for weekend getaways, you can make a good income that is largely passive with not a lot of extra work on your part.
One of the greatest reasons to consider Colorado log homes for a vacation home is to have a quick place to get to when you need to escape life for a while. After a stressful week or month, it is nice to spend a couple of days somewhere far away from your troubles. Whether you want to sit in front of a roaring fire with your significant other on a Friday night, or if going skiing or snowshoeing through the mountains is more your style, a log cabin can provide the ideal getaway.
Today's society seems to have the mentality that bigger is better when it comes to just about everything, and that certainly includes houses. It's often drilled into consumers' minds that if your house is bigger, then you'll be happier. However, that's often not the case. There are many benefits to living in a smaller home, and some people have taken on the challenge of small living, building homes that are a fraction of the size of most other homes in the United States.
If you're looking at small log cabin floor plans and wondering if those little log cabins will be enough space for you, then read this article. It will introduce you to some benefits of living the little life.