The Pros And Cons Of Buying A Private RV Lot
Snowbirds and seasonal RV travelers might find themselves returning to the same regions as time goes on. Some people prefer the sandy beaches and sunny weather of the coast, while others might enjoy beautiful wooded areas where they can get some peace and quiet. Wherever you like to go, you want to make sure there’s a good RV lot available.
Popular campgrounds and RV parks fill up fast, especially during heavy travel seasons. When your favorite park fills up, you might have to compromise and find a new area. If you don’t want to deal with the hassle of reserving a campsite, you may want to think about buying a private lot. These lots are available for sale in many RV parks, and they give owners a greater deal of control and stability.
However, they are also fairly expensive. You’re buying land in a popular area after all, so it doesn’t come too cheap. To make sure you make the best choice, you should really weigh the pros and cons before you spend any money on a site.
The benefits of a private RV lot
Choose your favorite spot
Most people buy private RV lots because they love the area and want to set up a more permanent base. Although private lots aren’t available in every park and campsite, you should be able to find one that’s within a reasonable distance of your favorite travel spots.
No storage hassle
One of the biggest pains of owning an RV is the storage. These vehicles are huge, bulky, and expensive to store. If you don’t use it year-round, you’ll need to pay for storage and maintenance, which is a pain in the neck.
But if you own a lot, you can just park the RV and set it up for a long time. As long as you have access to hookups, power, and water, you can transform it into a perfect mobile vacation home.
Year-round access to amenities
Almost every RV park comes with some on-site amenities. This could include things like swimming pools, game rooms, local restaurants, clubhouses, golf courses, etc. These are certainly fun to enjoy when you’re taking a quick trip, but you can enjoy them for a long time when you have a permanent private lot.
You don’t have to feel rushed to enjoy it, either! Just relax and enjoy everything the park has to offer.
Room for customization
Private lots are owned by those who buy them. While you still have to follow certain park and community rules, you’ll have a lot more freedom when it comes to customizing and designing your RV lot. You might want to add things like outdoor pet areas, small gardens, carports, hammocks, etc. You have the chance to stretch out and enjoy the space.
Renting is sometimes available
If you get tired of your lot from time to time, some parks allow you to rent the space out to others when you’re away. This depends on the park regulations, so make sure you know the rules before you do this. However, if it is an option, you can get a break from your usual spot and earn a bit of extra money too!
Save money over time
Although this purchase can be a bit expensive up-front, it’s actually fairly cheap to buy an RV lot when you look at the money you save. You will spend less on gas and storage. It’s also cheaper to buy and lot instead of rent it for months on end. If you use it enough, it will pay for itself in time.
Drawbacks of a private RV lot
Private lots may not be available in your area
In some cases, you may not be able to find a private lot in your favorite park or campground. Many places don’t offer this as an option (except for camp hosts). You also may not be able to afford a private lot if you’re looking at areas that are very popular.
Year-round park regulations and HOAs
Every campsite and RV park needs to have some rules. This keeps everything orderly, neat, and safe. However, some parks are stricter than others, and the rules might get pretty annoying after a while.
Some private RV lot communities also have HOAS, which are another issue altogether. These usually have much stricter rules as well as recurring membership fees. You might end up giving more than you get when it comes to fees, rules, and regulations.
Make sure you explore the community and the potential drawbacks before you buy!
Taxes are another issue that could come back to bite you. If you own property, even if it’s just a small RV lot, you’ll usually need to pay taxes for it. If you own a lot in a particularly high-priced area, you might end up paying more than you would in your home state. When land is at a premium, it qualifies for premium property taxes.
If you buy a lot in an area that doesn’t have income tax though, it may be cheaper to declare residency there. Weigh the pros and cons of taxation in the area you pick.
Stuck in one spot
Once you buy a lot, it’s yours. To get the full value for your money, you’ll have to spend a lot of time in that one area. This can be a good thing, but it can also be a drawback if you find a spot you like better. Private lots can be sold or passed on to others, but you don’t want to sell it for less than you bought it.
There’s always a risk that you could lose your investment, so most people will just stay in one spot and tough it out when they get tired of it.
Constantly changing community
Finally, RV parks aren’t usually permanent communities. You’ll have neighbors coming and going with the seasons, and you’ll have to deal with swarms of campers and tourists during busy seasons. When you live in a vacation destination, there’s going to be a lot of change.
This aspect might make things difficult for campers who enjoy making long-term friends and forming relationships with their neighbors.
One of the best parts about RVing is engaging with the community of traveling enthusiasts. iRV2 forums allow folks to chat with other RVers online, and get other perspectives on everything RVing, including products, destinations, RV mods, and much more.