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Smith Mountain Lake: So Pretty You Might Want to Stay

By
Real Estate Agent with Prudential Waterfront Properties

 

octoberThe stunning scenery of Smith Mountain Lake makes the area a magnet for vacationers all year round.  It’s just a matter of when you want to come.

There are three main rental periods throughout the year in Smith Mountain Lake – peak-season, mid-season and low-season.  Understanding each season will help you to make the best rental plans and ensure that you can find the property you want.

Peak-season is the busiest season and occurs from June to August.  Waterfront rentals during this time run from $400 to $4000.  The cost is generally determined by the size of the home and the included amenities, not as much by the location of the property.  So, it is possible to find a nice, smaller sized home or condo right on the lake at the lower end of the price range. 

Mid-season is the 4 to 6 weeks that proceed and follow peak-season.  There is not as big of a demand for rentals during this time so prices should be very favorable.   If you want to go all out you should be able to find some of the larger, million dollar, homes at great deals, too.  Imagine how fun it would be to live in a million dollar home while vacationing.  Also, the rental terms are more flexible.  During peak you usually have very strict guidelines about check in and check out, but during mid-season things tend to be more laid back. 

The low-season is, of course, the time outside of peak or mid-season.  You will get the best deals at this time because demand is fairly low.  You can find some amazing deals that will let you enjoy this beautiful area without the crowds of the summer visitors.  With Smith Mountain Lake being beautiful year round, low-season is ideal for someone just wanting to enjoy the scenery.  Expect great discounts of 20% to 50% on rentals.  Something you could not afford during another time of the year may just be in your price range now.

If renting a vacation home here is great idea, how about buying one?  Smith Mountain Lake is the ideal spot to make your home away from home.  Aside from the beautiful scenery, we welcome visitors with open arms and make you feel like you belong here!  Our low real estate taxes make a Smith Mountain Lake home  a great place to rent out part of the year when you or your family aren’t using it.  So, contact Vicki Millehan and get started today.