12thgenusa wrote:
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?
If we are comparing oranges to same and not say apples I'd pay 60 bucks more for convenient indoor storage at home. IF a local outdoor storage cost 60.00 monthly I'd be comparing the same amenities minus walking out my front door. Then I'd only have to figure out what getting to the offsite RV storage cost in time and gas and decide if it made sense to me. Convenience has a price but not sure 12K or almost 3X the cost of off site storage meets the criteria for me. Always good to track recent nearby sales as well though.
