Perceptions and Definitions
Recreation - Recreational - Vacation - Vacation Investment - Vacation Homes
In a real estate advertising context, 'recreation' and 'recreational' usually describe land and vacant lots in the country or somewhere off the beaten path - or perhaps even a resort or a retreat - suitable for recreation. A sprawling tract of land offering great fishing and hunting, or other 'recreational' activity, is also commonly referred to as 'recreational property'.
"Vacation" likewise describes a property, but definition or perception by a buyer and seller can differ. A 2 bedroom beach home located in Florida, a waterfront home on South Padre Island, Texas and a 3 bedroom home in a gated community located on a golf resort in Rancho Mirage, California, can all be judged to be a "vacation home " by any North American wanting to escape the worst months of winter weather. The current owners though may be accustomed to thinking of their homes as nothing more than typical city residences, not vacation homes or vacation property.
Similarly - and more obviously - lake homes and rustic cottages, in Minnesota or Georgian Bay, Ontario and year round residences on waterfront property in Nova Scotia, PEI, and Ocean Isle, North Carolina, may all be described as some type of "vacation property", or even investment property, by property owners seeking to trade their hectic city and suburban lives for lifestyles and settings totally different, temporarily or otherwise.
What's the point of the preceding commentary? Most real estate markets in 2009 are soft or much worse than that. Sellers will find using a real estate niche of this type helpful in a competitive, recessionary market if selling; describing land or real estate accurately enhances the chances of finding a buyer. Guests and advertisers will find various vacation property and category types to use on this site.
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