Vacasa Reveals the 10 Best Places to Buy a Winter Vacation Home in 2022-23
Considering investing in a mountain view? Vacasa, North America’s leading vacation rental management platform, released its Best Places to Buy a Winter Vacation Home 2022-2023* report, ranking where prospective vacation home buyers can find snow-capped peaks and a desirable cap rate. Vacasa’s fourth annual top 10 list uses estimated cap rate, or the annual rate of return on investment, to help evaluate which winter markets could deliver the best returns for vacation rental homeowners.
“Over half of the destinations on this year’s list are newcomers to our report, which is in part due to the cap rate compression we’ve seen in many top markets as home prices trended up in 2021 and early 2022,” said Daned Kirkham, Vacasa’s senior director of real estate. “However, market dynamics have shifted in recent months for both primary and second home real estate. Interest rate hikes since last spring are causing the once-red-hot housing market to cool off a bit giving buyers renewed negotiating power.”
With seven new-to-the-list markets, including a new #1 spot in Eastern Oregon, there are plenty of unexpected places for vacation home buyers to explore. But, let’s not discount the returning favorites: the Poconos are back for a three-peat appearance, and Banner Elk, North Carolina, and Ludlow, Vermont, both moved up several spots from their 2021-2022 rankings. While snow sports tend to be the shared draw among this year’s featured markets, many offer lake access and warm-weather recreational activities that help to drive year-round demand.
Vacasa’s Best Places to Buy a Winter Vacation Home 2022-2023:
- Wallowa Lake, OR
- Poconos, PA
- Bear Lake, UT
- South Fork, CO
- Banner Elk, NC
- Ludlow, VT
- Warren, VT
- Girdwood, AK
- Teton Village, WY
- Lake Pend Oreille, ID
For more information on the 400+ destinations that Vacasa serves or for help locating your ideal vacation home, visit www.vacasa.com/real-estate.
