Tag: buy

12 Best Places to Buy a Lake House in the U.S. in 2023

Ginna

Lakes are quintessential all-American vacation destinations. Regardless of which side of the lake versus ocean debate you fall on, you can’t argue with the fact that the former provides a year-round reprieve from our busy lives, along with an endless supply of water sports, idyllic views, and cool breezes. And with approximately 480,000 lakes dotting the continental U.S., chances are there’s a natural or man-made option a quick drive from your home.


So, no wonder lakefront properties are an increasingly popular real estate investment. But as demand has risen, so have prices. That’s why vacation rental company Evolve put together a list of the best places to buy a lake house in 2023.


Ron and Patty Thomas/Getty Images



The company looked at three main factors when evaluating the data: median home value, estimated yearly expenses, and vacation rental performance metrics for lake house destinations across the U.S.


“When determining the best places to buy a lake house, we look at destinations that have advantages for both potential investors and future guests,” Louis Olds, director of real estate at Evolve, told Travel + Leisure. “For investors, we present the Evolve Difference as a way to help lake house owners maximize income and exceed the projected revenue of the market. For guests, we showcase desirable locations that have the right atmosphere for relaxation, natural beauty, and many ways to have fun.”


Keep reading to find 12 of the best places to buy a lake house in the U.S.



Saranac Lake, New York

DenisTangneyJr/Getty Images



This historic mountain town in the Adirondacks tops Evolve’s ranking, thanks to its affordable median home prices ($250,190) and great rental potential ($25,294). Located in upstate New York — with proximity to not one but several lakes, including Lake Placid — the charming destinations has a bustling cultural scene with year-round activities, events, markets, and festivals, only adding to its appeal with renters. In the winter, the town becomes a major ski destination. Visitors can enjoy 15 acres of skiable terrain that’s also perfect for snow tubing and snowshoeing.



Branson, Missouri

JeremyMasonMcGraw/Getty Images



Branson is a

… Read More... Read More

Dallas to buy fourth hotel to convert into housing for individuals suffering from homelessness

Ginna

The Dallas Metropolis Council has authorised shelling out $5 million to purchase a resort near Crimson Hen Mall and change it into housing meant for folks encountering homelessness.

The town will use 2017 bond dollars to buy TownHouse Suites, a 108-home extended continue to be resort together Independence Push in southern Dallas in the vicinity of the Duncanville border. The practically 82,000-sq.-foot web page is bordered by 3 other lodges, at minimum one apartment elaborate and Interstate 20.

It will be the fourth hotel acquired by the town for homelessness products and services.

Pink Chook Mall sits about a mile east of TownHouse Suites, which is off a stretch of West Camp Knowledge Street that has many sets of strip malls with dining places, car merchants and other businesses.

Prior to the council’s unanimous vote Wednesday to buy the assets, neighborhood activist Darryl Baker noted close by inhabitants hadn’t been notified by the town about obtaining the house.

“It’s not an ‘either or’ selection, we can do equally,” he claimed.

David King, chair of the city’s citizen homelessness fee, claimed he believed the lodge is vital to present extra housing and assets for the homeless populace in the southern component of Dallas.

He mentioned his advisory board strategies to access out to the community to discuss how the resort will be used.

“This is vastly wanted,” King told council members. “We have to do everything that we can to commence to change about the number of unsheltered homeless people today that has been steadily rising in the metropolis and coming from the incredibly communities exactly where we are establishing these amenities.”

Council member Tennell Atkins, who signifies the space the place the hotel is primarily based, advised The Dallas Early morning News that the metropolis options to use the resort as transitional housing to help dietary supplement the city’s homeless shelter possibilities.

But Dallas Homeless Solutions Office environment director Christine Crossley instructed The Information on Wednesday that the variety of housing hasn’t nevertheless been finalized. Dallas requires additional everlasting, supportive housing for the homeless population, she reported, and the TownHouse

… Read More... Read More