Let's face it, the countryside is being developed
at an astronomical rate and finding rural, country properties isn't as
easy as it once was. As such, property values continue to increase and
those who are buying second homes in rural areas are experiencing
increasing returns on their investments. However, money isn't the only
thing you should consider when buying a second home in a rural area.
A second home in a rural area may be an ideal place to retire to.
The
slow pace of rural communities tend to compliment a relaxed retirement
lifestyle and those who want to take it slow can benefit from the
small-town atmospheres that rural communities offer.
In addition to a slower pace, rural areas also offer lower crime rates,
lower income taxes and less traffic and pollution. Even if you don't
want to live in this type of environment full time, it does make for a
nice place to escape to every now and then. Neighbors tend to keep an
eye out for each other and the sense of community in a rural area is
much different from what you find in larger cities. Pancake breakfasts
and spaghetti dinners aren't uncommon and knowing the names of everyone
on your street is considered normal.
Rural community properties don't always come onto the market every day.
The trick to buying a second home in a rural area is in knowing where
and when to purchase. Working with a licensed real estate agent, you
should be able to find a second home that fits your needs and your
budget.