If you decide you want to buy a cabin out in the woods, don’t forget to calculate annual property taxes and maintenance costs in your expenses. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know that insurance for second homes can run higher than for primary residences. Financing may be more expensive for a second home as well. Do your research and get quotes so you can do the math to see if you can afford the cabin without creating so much financial stress that you won’t be able to relax when you’re there. Check out below to see what sold in Northridge Farms in September 2019:
19193 Surrey Lane, Northville: 2 bedrooms, 2 bathrooms, 1,177 sq. feet, Sold Price: $135,300
Northridge Farms Home Sold
September 2019
19165 Surrey Lane, Northville: 2 bedrooms, 2 bathrooms, 1,177 sq. feet, Sold Price: $140,000
Northridge Farms Home Sold
September 2019
In some cases, you can rent out a vacation home for up to 14 days a year without paying taxes on the income. The money could help offset the cabin’s maintenance or mortgage payment. For more information on Northridge Farms, or similar Northville or Novi neighborhoods such as Northridge Villas, Arrowon Pines and Lexington Condos, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.