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12thgenusa's avatar
12thgenusa
Explorer
Oct 03, 2014

How much is an RV parking space at home worth to you?

I currently have a parking space at home and really enjoy it. Some folks are not able to have RV parking at home for any price. Consider the following:

Suppose there were two identical houses for sale but one had a space for RV parking (compliant with any codes, ordinances or covenants) and the other one didn't have an RV space. Would you pay more for the one with RV parking? How much more would it be worth to you?

Let's say a space at an RV storage facility costs $60 per month. If that same $60 were applied to a monthly payment on a mortgage instead, it would buy an additional $12,000 on a 30-year mortgage at today's interest rates.

Would the convenience and security of having your RV parked at home be worth paying an extra $12,000 for a house that has RV parking? For me it would. How about you?

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