Is Buying A Second Home In New Hampshire A Good Idea?
If you are looking for a place to escape the noise of city life, a great place to retire, or excellent investment, you should look into New Hampshire. The Granite State offers beautiful mountains for hiking or skiing, many lakes, and even the ocean. In addition, there are cities with malls, great restaurants and lots of cultural activities. We will go over the most important things to help you decide if buying a second home in New Hampshire is a good idea!
Go over the reasons for buying your second home
When considering a purchase of a second home in New Hampshire, there are multiple options that you can use it for. After you retire, for example, you might want to have multiple homes to spend the year at. You can use those homes seasonally to change the climate or to spend your vacations. You can also utilize your second home for renting and earning some extra money. Before you make a purchase, you should research buying a home out of state to be ready for when the time to make a decision comes.
Since there are so many options for the purpose of your second home, you should go through this guide to help you decide on the best location.
Choosing the location:
The process of choosing the place where you buy your second home in New Hampshire depends on your reason for buying.
- If you are planning to buy as an investment: you should choose a location that will attract tourists. If there is a tourist attraction nearby or if the house’s location is close to a lake or a ski spot, that is a great place to look. However, you should research rental sites and check the competition because investing in an overly saturated market can be risky.
- If you are buying as a personal retreat spot: in this case, you can choose your home based on your personal preferences. Some of the most important factors when choosing a house are size, location, nearby amenities, and many more. Another critical thing to consider when buying a home is if your house is a part of an HOA. It can be a dealbreaker for some people, so be sure to look into it.
- If you are buying as a retiree: you should look into locations with nearby hospitals and stores. Moreover, newer and one-floor houses are recommended for senior home buyers, so they can enjoy it and maintain it more easily.
Another essential factor to look into is the accessibility of your house. If it is hard to get to, the process of moving to it will be very hard. And speaking of moving, it is a challenging process as is. There is so much to do. Just think about packing all your belongings. It is highly advisable to hire professional movers and packers to help you. They will take care of your belongings in no time and make the process much easier for you.
Leisure activities:
New Hampshire offers lots of different leisure activities to suit the tastes of most people. The activities provide a lot for both nature lovers and city lovers alike.
- Mountains: New Hampshire is called the Granite State because of its colossal granite mines. And where there are huge mines, there are huge mountains. For example, The White Mountains are famous for their cross-country and downhill ski tracks. On the other hand, if you prefer hiking, you will love Mount Washington, the highest peak of the White Mountains and the Northeastern part of the United States.
- Beaches: New Hampshire offers two types of beaches: lake and ocean. Many lakes have beautiful beaches found scattered across the state. Moreover, the state has a 19 mile Atlantic Ocean shoreline for anyone who prefers it. Furthermore, the lakes and shorelines are terrific for anyone who likes fishing or wants to take it up!
- Leaf peeping: this activity is what drives many tourists from all around the world. In the fall, the colors of the state change to vivid reds and oranges, and the scenes are absolutely breathtaking. Leaf peeping is an excellent opportunity for photography enthusiasts to get some great shots!
Cities: the biggest and most populous city in New Hampshire is Manchester. It is located close to the Atlantic Ocean, White Mountains, and the Lake Region. The city offers many things, including restaurants, shopping, and entertainment. Other than Manchester, Concord and Mont Vernon are among the most popular locations for buying a second home in New Hampshire.
Mont Vernon
The town of Mont Vernon is one of the most popular suburbs of Manchester. Located in Hillsborough County, it offers its residents a rural feel while being close to the city center. Therefore, it is one of the best places to buy a second home in New Hampshire. Another perk is that you can hire excellent local movers to help you relocate. Ensuring an easy transfer in Mont Vernon will let you begin the next chapter of your life on the right foot. Having a professional moving crew will make your moving process much less stressful and much faster.
Concord
The state capital is one of the most pleasant, vibrant cities in New Hampshire. The beauty of Concord lies within its size. It’s large enough to have lots of shopping possibilities, restaurants, and entertainment options, yet small enough to have a small-town vibe. Concord is a great place to raise a family and have a second home because it’s a safe place with lots of cultural and entertainment outlets.
Manchester
The location of Manchester is what makes it very popular for second-home buyers. It is in the heart of New England, and it is very close to NYC, Boston, Philadelphia, and Canada. The largest city of New Hampshire is a perfect place for year-round fun. It offers many activities ranging from winter sports to whale watching.
Still wondering if buying a second home in New Hampshire is smart?
So, is buying a second home in New Hampshire a good idea? Absolutely! New Hampshire has a lot of things to offer, and you shouldn’t take it for granted. Beautiful nature, lots of outdoor activities, and places to rest your head are all easily found in New Hampshire. Finally, if you decide on buying your second home in Granite State, you surely won’t make a mistake!
