DH and I are tossing up the following two options;
1. Build/buy our dream home opposite or a street away from the beach, or
2. Build/buy a nice home not as close to the beach and then also buy a holiday house down south of Perth in a beach town.
Both options would end up costing the same.
I am leaning towards option 2 but I have always wanted to live in a house on the beach.
Which would you do?
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19-03-2012 14:56 #1Senior Member
- Join Date
- Oct 2007
holiday home v build large home
19-03-2012 14:59 #2
Option one for sure.
19-03-2012 15:03 #3
Build the dream home
19-03-2012 15:04 #4
I would go option 1
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19-03-2012 15:05 #5
I would go option 2, the repairs on a house that is beachfront is massive! Salt destroys everything! Not only house wise but cars and gardens too.
19-03-2012 15:15 #6-
- Join Date
- Nov 2008
19-03-2012 15:21 #7
19-03-2012 15:24 #8
Option 2 gives you the option of rental income if you decided to rent it out when not using it, always good to
help with mortgage and for tax reasons.
Option 1 gives you the future benefit
of probably being worth more (depending where down south you would buy).
Personally I would be looking at it only from what makes the financial sense.
But.. Always nice to have a place out of town
19-03-2012 15:25 #9
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19-03-2012 21:49 #10
definitely option 2...
we live semi-rural in perth hills and have a holiday house at point peron. it is fantastic.....not only do we have 'free' holidays but having a beach house where you can trek sand in the front door and not have a panic attack about the expensive carpet makes it relaxing.
it's a 'fun' place....and my kids love the memories of it too.
plus, why would you want a big house???? then you have to clean it, pay massive insurance.....
i'd rather fill my kids lives with fun memories of holidays.
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