In a day and age when a getaway often focuses on a much beloved activity, ski enthusiasts keep pace planning intricately detailed vacations to the slopes where they pack into hotel rooms and restaurants and spend enormous amounts of money each year. For many, a getaway to a particular ski location has become a family tradition; something they come together for several times a year. In this case, the purchase of a ski vacation home may make the most sense financially and logistically.
In order to determine if a ski vacation home makes sense for your particular situation, you must first determine the amount of money you spend per year on ski vacations. When you do the math, you may see that it makes much more economic sense to simply purchase a ski vacation home in the ski getaway destination of your choice.
For one, the amount you would spend on a mortgage may not equal the amount you would spend on accommodations. Further, you will save quiet a bit of money on dining out, as you now have the ability to prepare all your meals at home.
But, if it is within your power to do so, the purchase of a ski vacation home can be a financial investment on your part as...