Top Winter Vacation Home Investment Locations in the U.S.
Vacasa, a vacation rental management platform, recently released a report on the best places to buy a winter vacation home in the U.S. based on the highest cap rates. The top spot on their list went to Big Sky, Montana, a picturesque unincorporated community known for its world-class skiing resorts and stunning location between Yellowstone National Park and Bozeman.
With a cap rate of 8%, Big Sky offers prospective buyers a solid return on investment. The median home sale price in the area is $730,814, with an annual gross rental revenue of $108,772. The area’s abundance of outdoor recreation options makes it a popular vacation destination for buyers and visitors alike.
Coming in at second place on Vacasa’s list is Killington, Vermont. With a cap rate of 7.50%, a median home sale price of $361,007, and an annual gross rental revenue of $46,052, Killington offers a more affordable option for those looking to invest in a winter vacation home.
Both Big Sky and Killington offer unique charm and appeal for buyers seeking a winter getaway. Before making a purchase, Vacasa recommends checking local regulations regarding renting out a property, as rules can vary by area. Whether you prefer the rugged beauty of Montana or the quaint charm of Vermont, these destinations offer attractive options for prospective vacation home buyers.