Pros and cons of selling your vacation home in California

Having a vacation home in California is quite a luxury. Not everyone can afford that, and also California is a perfect place for that. You have sunny days almost year-round, and some of the best beaches in the world, so the location is perfect for vacationing. Of course, not everything is ideal. Having real estate like that costs a lot of money, and since you don’t live there, there is always something to work on when you come. That’s life, nothing is perfect. So if you are thinking about selling the place here are some pros and cons for it, but you should also make your own list after reading.

Selling your vacation home in California – For the pro list

Depending on how big the house is and where it’s located you can get quite a lot of money. There is always someone buying real estate in California so the place won’t be on market for a long time and you will get a lot of money. If you don’t use that vacation home you can invest all that money in your business for example. That can mean a lot for your future. Or you can pay for college for the kids, whatever you need.

California sign
Consider yourself lucky for having a vacation home in California.

Investing your time

It’s not just about money. If you want to keep your vacation home in California you need to invest more than money – your time. There are always things to be done in a house nobody lives in. Just from basic things like painting yearly, keeping the backyard clean and neat to bigger things like when something happens with the roof, etc. Having an additional home is not easy or cheap so think twice before making any decision. But, if you like coming there and working on the house regularly and having fun weekends with your family there then that vacation home can be priceless.

You can earn money from your vacation home in California

There is another way to look at your vacation home if you are not using it regularly – like a business. You see people from all around the world are coming to California for a fun vacation so you can make some sort of bed and breakfast from your place and earn money from it. Of course, you will be needing some adaptation before doing it but that can be a good idea. Since you already have the property why not use it wisely. You can also rent the house as a whole and charge it nicely. Think about that idea for a moment.

owning a vacation home near the beach in california
This can be a good business. Think about it.

Leaving a legacy for your kids

This is for the con list. If you work in your place all your life you can leave something very valuable and full of amazing memories to your kids. There is not enough money in this world that can replace this kind of gift. Then they can pass it on to their kids. Of course, this is not the only thing you can leave to your kids but you have that opportunity to think about the kids before selling the place.

You can use the house later

This is something else to think about – it may be just a vacation home now but maybe this can be the perfect place for you and your partner to retire one day. That can be really nice, but of course, retiring in California can be a bit expensive, that’s why people often move to Florida and other perfect spots for retirees but you already own the place so why not use it one day?

older couple sitting
Does retiring here sound like a good idea?

If you decide to sell your vacation home

After making your own pro and con list you decide to sell the place you will be left with a lot of things you gathered during the years that need to go now. You will probably need some help with packing and moving all those household items so you should call professional movers for whatever assistance you may need. They will help you do this in no time. There is no need to do everything on your own especially when there are skilled teams that can help you out.

Storage space

If you don’t have where to put some big furniture or other households items call and ask them to help you out with finding a good storage unit (and transport your belongings there) that will keep all your belonging safe until you find them a place or sell them.

Deciding whether to sell or not

It will be good for you to include other family members in this decision since it’s a difficult one. Your most trustworthy advisors will be your family and loved ones. But of course, you should talk to your friends too. Some of them probably were in the same situation like you are right now. Selling is always an option.

Who can help you sell your vacation home

The easiest way is to hire a real estate agent and let them do all the work. Of course, they work on a commission and that’s not the cheapest way. The cheapest way is to do it on your own, like advertising the place on websites like Zillow. That means you will be the one taking the calls, showing the house, etc. If the place is not near your home it will be too much hassle for you to do it on your own. So, go to a local and trustworthy real estate agent and they will help you to sell the place in no time.

Before you do that go to see your lawyer. You should check if all the paperwork for the house you have is in order. Good luck if you are selling the house and if not, good for you. You will have a vacation home in California. That is very special.