Many homeowners aspire to one day own a mountain, beach, or lakefront property. Who wouldn’t want to spend their time strolling along the ocean or breathing the fresh mountain air? Although owning a beach condo or mountain cabin is amazing, the ideal situation would be investing in a lake home.
One of the best things a homeowner can do is search for MN lake homes for sale. Minnesota is one of the top spots in the United States for lakefront properties. After all, it has been deemed as “the land of 10,000 lakes”, so this is the place to start your search.
Still not sure if Minnesota is the place for your dream lakehouse? Here are a few reasons that Minnesota is the one and only place for living on a lake.
The investment has strong profit potential
If you’re wondering about this investment, there is no need to worry. Available lakefront property is scarce, so now is the time to buy. If in five years you decide that you want it off your hands, chances are you’ll be able to sell it for much more than you purchased. Selling quickly is extremely likely since MN lake homes are in such high demand.
Lakes in Minnesota offers tons of recreational activities
One of the best aspects of living on a lake is the limitless recreational activities. Not only can you laze around on the dock, but you can also take to the water for hours on end. Having a home on a lake offers opportunities for fishing, kayaking, paddleboarding, boating, skiing, and tubing.
Most of the lake properties in Minnesota also offer volleyball courts, golf courses, biking paths, and hiking trails. Needless to stay, any day spent at the lake won’t be boring. You’ll have plenty of chances to get out and about and enjoy the natural surroundings.
Lakefront properties are extremely rentable
For anyone purchasing a lakefront property as a second home, you’re in luck. The potential to rent during the times that you’re not there is extremely high. If you rent it out for most of the year it can even act as your main income. Studies have shown that the property can essentially pay for itself with as little as 30% occupancy throughout the year.
Owning a lake home has been shown to improve overall well-being
Believe it or not, there are numerous health benefits that come along with owning your own lake home. Not only will you stay physically active with watersports and nearby hiking, but you’ll also be surrounded by the calm of nature. So after you go for a swim or boat ride, you can unwind and relax while you enjoy the peaceful serenity.
Depending on the location, you’ll have easy access to major cities
No matter how cozy and peaceful your lake home might be, it is likely that it is located near one of Minnesota’s major cities. Whenever you find lake life monotonous and crave the hustle and bustle of Minneapolis or St. Paul, it could be as easy as a day trip in the car.