It’s not unusual for people to dream about living in the mountains.
Few places are more relaxing than a serene home away from the hustle and bustle of everyday life, and some of us dream of owning such a property.
However, there are more things to consider when you are looking to buy a property in the mountains as opposed to buying property in an urban area. While living in the mountains is indeed dreamlike, there are possible drawbacks to living farther away from civilization.
Having a house in the mountains where you can temporarily escape the noise of the city can be enjoyable, but it’s a whole different ballpark if you’re looking to buy a property to permanently live in.
Things to consider when looking to buy a property in the mountains
Accessibility and transportation
It’s always advantageous to have property that is near highways and major thoroughfares as opposed to property that will require you to go off-road or even build your own road to access. Make sure that your mountain property remains accessible in every season and account for the costs of fuel and vehicle maintenance.
Even if you’re looking for a rest house or if you’re seeking to purchase a property to rent out, it’s always better to have a property that is accessible.
Services and lifestyle
A house in the mountains has relatively less access to services such as hospitals, groceries, internet, and cellphone reception. In fact, the most secluded properties may even require more than an hour-long drive just to get to the nearest grocery store.
Location, location, location
Most people choose a property based on the view, but where your property is located can affect other services and must be considered. Think about how your home will receive internet and the placement of the sewage systems and electricity lines.
It’s advisable to assess the property’s topography. Is it located on flat, rocky or unpredictable terrain? This will make it easier for your house to be maintained or constructed without any extra costs. It’s never desirable to have to make repairs regularly because of the erosion of the land your house stands on.
Possibility of natural disasters
Property in the mountains is more likely to be struck by typhoons, floods, and landslides. This will require a fortified home that can withstand these natural events and you should consider the cost and insurance that will help to mitigate this.
It’s important to familiarize yourself with the area in which the property is located, in order to make an informed buying decision. Purchasing a property in the mountains at a cheap price is not worth it if the place is known for constant landslides.
Calculate costs
Purchasing, building, and maintaining a property in the mountains have different considerations than living in the city, which is part of the price that property owners have to pay to live and maintain their peaceful home with scenic views and a quiet lifestyle. The factors mentioned above are crucial in determining these costs. This will help you decide whether or not buying a property in the mountains would be practical for you.
Estimate the resale value
As with any other property you purchase, it is critical to consider whether the property would appreciate or depreciate in value should you decide to sell it in the future. Remember that every property is an investment, and you should always look for investments that pay off.
According to 100commissionrealestate brokerage, when trying to estimate the resale value of the property, take into account factors such as its location, the trend in the value of property in that area, the improvements you plan to make, and possible development projects that may be undertaken by the government in the future.
Natural Paradise
Despite the challenges that come with owning a mountain property, there are a lot of benefits to your overall well-being; such as clean air, stunning views, less stress and anxiety, a strong community spirit and a more active lifestyle.
ListGlobally connects agents to buyers around the world and in this current time, there is an increase in interest for property outside of urban centers. To learn more about what we can do for your agency, be in touch!
Whether you’re looking to reside there permanently or you’re looking for a peaceful rest house for the holidays, having a house in the mountains can prove to be a great investment. You may even make a profit out of it if you decide to rent out your property when you are staying in the city.
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Collaboration Article - About the Author
Curtis is a conscientious Realtor who exudes credibility, commitment, and determination. Curtis's passion for real estate is apparent through his excellent communication skills and a warm and friendly approach.
