I was a snowbirder for several years flipping back and forth between our home in Connecticut and a condo in SW Florida. While down in Florida I caught up with two boating friends who live down south in their motor homes in the winter. One has a 36' Class A and the other has a Class B.
The Class A guy stays at high end RV parks that cost up to $3,000 per month which is par for nice places in S Florida. The Class B guy does a combination of state park and RV park camping but probably spends at least $1,500 per month on average. Both make reservations a year in advance.
In addition to the long lead time for reservations the other problems will be wifi and cell phone access. The high end RV parks usually have wifi and cell reception is also usually decent. State parks can be hit or miss, never having any wifi, but sometimes the cell service will allow decent internet browsing speeds.
Now contrast that with the three years that we owned a condo. We sold it last summer and made about 3% per year appreciation less real estate commission of 6%. Taxes, and condo fee were $3,000 and $6,500 per year on a $275,000 condo.
It was actually cheaper than the high end RV park costs for the Class A guy above. Depreciation on the Class A probably equaled the taxes and fee on our condo. And it was a whole lot easier to drive down over a two day period and when you got there you were in your 1,500 SF canal front winter home.
David
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