Living a resort lifestyle may seem like a dream come true – but in reality, it has its drawbacks and stringent rules that may not appeal to many. Read on to learn about resort-style living so that you can fully determine if this is the lifestyle you want.
Defining the resort lifestyle
A community may have homes priced at more than a million dollars but pricing isn’t the sole factor that determines what a resort community is. Below are some features that better define the resort lifestyle:
Location. You’ll usually find a resort-like home in master-planned or gated communities with either a stunning view of natural settings or proximity to upscale amenities like a golf course, a hotel, or even an actual resort.
Community of like-minded people. Resort-type communities are not as populated as your standard neighborhood. Home buyers are curated, not just for their ability to make an attractive offer but also for their capacity to imbibe the community culture. You’ll have neighbors with almost identical tastes, household income, educational attainment, and even career successes as you. If you live in a golfing community, expect neighbors who enjoy the sport as much as you do. If you opt for a community of active seniors, your neighbors will most probably share your fondness for songs of The Beatles and Elvis Presley.
Amenities. On top of the standard amenities you’ll find in traditional neighborhoods, these communities have other amenities that bring luxury living to a whole new level. These include:
- Multiple pools
- Sports facilities (e.g., tennis and basketball courts, golf course, watercraft or boat slips [for waterfront communities])
Types of resort-style communities
- Waterfront communities
- Master-planned communities
- Sports and country club communities
- Retirement communities
- Active adult or 55+ communities
An example of a Utah resort community is Deer Crest, one of the best neighborhoods in Park City, with hillside residences that range from simple craftsman single-family homes to enormous mansions by the cliffs. Deer Crest’s proximity to ski slopes and other amenities for winter-based thrills underscores the excitement that the Park City lifestyle offers.
Is the resort lifestyle for you?
Buying property in these resort communities will take more than the usual budget for buying a home in a regular neighborhood. However, such a home can be a wise investment in the long run, especially if turned into a vacation rental.
Other considerations are:
The culture and its rules. Can you keep up with the community’s culture? Once you do become a homeowner, will you be able to abide by a set of rules that could stifle your sense of individuality?
Off-seasons and inclement weather. Will you still enjoy the community and all it has to offer even during off-seasons when there’s not much happening in your area? Will you be prepared enough for times when bad weather hits?
Access. Some resort communities also promote privacy apart from special amenities and features, that’s why their location is remote. But during inclement weather when access points to and from the community could be blocked by occurrences like floods or snow drifts, do you have a way of dealing with the challenge?
To help you in coming up with an informed decision regarding your Park City resort community plans, contact Team Schlopy today.