The real estate business is a booming sector of the economy and will remain so for a long time to come. With so many individuals leaving behind the noisy city life for a more quiet, private, and serene environment, it’s no wonder that the spectacular Blue Ridge mountains and swift, cool rivers of North Georgia is such a popular a destination for vacationers. Surrounded by pristine lakes and rivers, Blue Ridge offers homeowners a private, quiet respite when they are away from their primary residence. Vacationers looking to buy a vacation cabin near Blue Ridge, Ga now have a larger selection than ever in a wide range of price ranges.
From the beautifully unique downtown Blue Ridge area to canoeing on the Toccoa River, ziplining through the treetops or rafting the Ocoee, owning a beautiful cabin surrounded by all that Mother Nature has to offer is an opportunity that more and more vacationers are taking advantage of.
Why buy a vacation cabin near Blue Ridge?
Blue Ridge and the surrounding area of Fannin County and the Copper Basin have no lack of beautiful mountain cabins listed for sale. Whether you are working with a modest budget or plan to go all-out, the north Georgia mountains offer an outstanding value for budget-conscious homeowners looking to purchase a second home.
You can “rough it” if you want to, but there’s no need to unless that’s your thing. Modern vacation cabins in the Blue Ridge area are often built to exceed expectations, as they often come with private decks, outdoor fireplace, stainless kitchens with large dining areas, the latest state-of-the-art equipment such as sound and viewing system, exercise rooms, large master suites, playrooms for kids, and spaces to cater for a large number of guests. Fannin County also offers a large number of outdoor activities like golf, tennis, kayaking or canoeing, tubing, hiking, and fishing in the cool clear water, or just communing with nature as you take a walk around.
Basic considerations when buying a vacation cabin
- Is there easy access to modern conveniences like a grocery store, schools and hospitals? If not are you ok with that?
- How easily can you go hiking, fishing, or enjoy other outdoor activities without stress or a guide as a newcomer?
- How elevated is the cabin? Cabins built on top of mountains offer outstanding views, but they can also cause problems getting into and out of the property during inclement weather.
- How busy is the area? Are there too many other homes close by? If privacy is your primary motivation then this will be important.
- Unless you are the adventurous type you will want to make sure your vacation home is near a government-maintained road.
Renting out your vacation cabin when you aren’t there
The most popular way to offset (and in some cases eliminate) an extra mortgage for your vacation home or cabin is to rent it out to vacationers when you aren’t using it. There are various methods of marketing your cabin for rent, but the most important step to take up front is to speak to an accountant because there are probably going to be tax implications with purchasing a second home. Many cabin owners decide to form an LLC for the second home, and you will probably want to open another checking account just to pay for cabin-related expenses.
If you plan to enlist the services of a property management company to rent out your vacation home then you will want to make sure they are experienced in handling the needs of guests and have adequate personnel on-hand to handle things like routine and emergency maintenance, garbage collection, landscaping and lawn care, etc. Typically a full-service property management company will be able to handle these important details and more.
Using a property management company vs. going it alone
It can be tempting to cut out the middle man and keep 100% of your rental income by handling the marketing and rental of your Blue Ridge vacation cabin on your own, but many owners quickly find out that there are a myriad of details that must be attended to, and for many people it’s worth it to pay someone else to handle those tasks for you.
There’s no question that online rental services like VRBO and Airbnb make it easier than ever to keep vacation properties rented. But If you don’t live nearby and can’t get to the property quickly to take care of routine or emergency situations then one of those services could end up costing you more money than a full-service property management company would have in the form of hiring separate people to handle maintenance, lawn care, cabin cleaning, stocking the home for guests, etc. Not only that but a quick Google search for ‘VRBO nightmares’ can be enough to give any absentee homeowner the chills.
In addition to the obvious practical considerations, property management companies often provided added value for your guests by working with local restaurants, retailers and tour companies to provide specials and other goods or services at a discount. For example, many local property management companies maintain relationships with whitewater rafting outfitters, adventure companies and local retailers to get you discounts, and some companies even provide concierge services for your guests by helping them acquire admission to popular outings and events,.
Utilizing the services of a local property management or cabin rental company can also instill confident in your guests, as they won’t have to worry about getting in touch with an absentee owner if something goes wrong (and we all know about Murphy’s Law). Not only that, but having someone available to check-up on your property to make sure your guests didn’t trash it is essential.
Rental cabin amenities
In addition to the basic necessities, if your vacation cabin will serve as a rental home when you aren’t there then these items can help attract buyers or tourists looking for a place to rent. Be sure to highlight these amenities when marketing your rental home.
- Storage space: the more the better especially for families.
- High speed internet (a challenge in some areas) with WiFi connection. Is the house completely wired? What about smart appliances and devices?
- Security system.
- Stellar short- or long-range views.
- an abundance of natural light.
- Age of the cabin and how well it has been kept up.
- Large kitchen and dining spaces for chefs, cooks and food lovers on vacation.
- In-house gym or fitness equipment.
- Does it have a plenty of showers, a washer, dryer, and dishwasher?
- Does the home have a fireplace, a basement or a loft?
- Is it close to popular events?
Owning a vacation home or cabin in the Blue Ridge area can be a good investment if you do your homework and research. Unfortunately, many potential homeowners rush to buy a vacation cabin with the intention of visiting frequently, but later find out it’s not as easy or appealing as it may seem to make the same drive every weekend. Or they vastly underestimate both the cost and time requirement for owning a second home and become disillusioned by the cash drain that can occur when you don’t plan ahead. That’s why careful planning up front (as well as setting realistic expectations) is so important. Take your time, buying a second home as an investment or vacation spot takes a lot of due diligence.