So you’re thinking about buying a home in Sunriver. Maybe you’ve been vacationing here for years, and now want to live in the area. Perhaps you have decided to purchase a home to rent out seasonally, or year round. Whatever prompted the decision, you’ve made a good choice.
Sunriver has a lot to offer its residents. The weather is fantastic — Central Oregon has almost year round sunshine. The wildlife is abundant — deer, elk, raccoons, geese and squirrels will share their home with you. If you’re a golfer, you’ll be in golf heaven, with several wonderful golf courses in the area.
History
The first condominiums in Sunriver were built in the late sixties around the same time as the Sunriver Lodge. Today the community includes more than 4,000 privately-owned residences and has population of approximately 1,700, though during peak vacation season it may grow to 20,000 or more.
Location, Location, Location
Sunriver and Three Rivers South is a varied blend of neighborhoods planted amidst the natural beauty of forests, rivers and meadows. The area is bordered by the National Forest, mountains, buttes, parks, rivers and lakes. Less than 20 miles away is the popular city of Bend, Oregon; which has a variety of cultural attractions and outdoor activities.
But, you may choose to spend the majority of your time in beautiful Sunriver, which offers all of the services and amenities of a large community, along with a full service.
Village Properties can help you maneuver the single-family homes, condominiums, cabins and cottages in Sunriver, which run the gamut, from under $200,000 to into the seven figures.
Buying a vacation or long term rental
Our real estate experts can also help explain your best options for purchasing a vacation or long-term rental. Buying a home in Sunriver that you intend to be a vacation rental takes more consideration than the price and location of the home. It is important, for instance, to consider how you will manage your home.
As the area’s only full-service property management company, we have a great deal of experience handling single and multi-family units, rural and furnished properties. Once you have purchased, we can assist you with the routine handling of your rental.
Buying a residence
If you are planning on becoming a permanent resident, you should check out the community in the summer when it is most active. Visit in late spring or early fall also; when the streets are less populated, and days are more relaxed.
The off-season is when you can meet friends at one of the local coffee shops or brew pubs and take in small town life, albeit with a sophisticated edge. Contact us here at Village Properties to help you find the home of your dreams.
2017 Market
As we move into the 2017 housing market, there are a few factors that may influence your decision making.
- It will continue to be a seller’s market. With housing inventory low, and buyers continuing to enter the market, the demand will keep sellers running the show as long as homes are fairly priced.
- The Fed is most likely going to raise rates in 2017, which means home buyers will see higher interest rates on their loans. Buying early in the year is a good idea if you are able.
- Long-term rental inventory will continue to be low, which means rents will remain high.
Buying a home in Sunriver is a big decision, whether it is a summer vacation home or a permanent residence, so contact Village Properties today for information and help in your search at 877-859-5346.
