valhalla360 wrote:
Dutch_12078 wrote:
We have a lakeside cottage in the Adirondacks Our costs to maintain the cottage including utilities and taxes only come to a couple of thousand dollars a year, much less than what a year round RV park site would cost in most places.
Last couple years we've had a seasonal site (with year round storage included if we choose) for $1600 in southern Michigan. Only thing extra is electricity which totaled about $200 last year.
Now if you are flipping real-estate and happen to use it as a site, that can work but I wouldn't count on making money unless you have a history of investing in real-estate. This is particularly true if you need to hire out work to add driveways and utilities.
Your $1800 total seasonal site comes to nearly the same cost as our year round full hookup site next to our cottage. Plus we get the cottage thrown in for free in that comparison... ;)
And no, we're not "flipping real-estate". The cottage was originally built by my father-in-law in 1947, and we have no interest in selling it. Our daughters frequently use it during the year, especially during the summer boating and swimming season and the winter cross-country skiing and ice fishing season.