The Pros and Cons of Multi-State Living Arrangements for Pet Owners

Dog owners

The Pros and Cons of Multi-State Living Arrangements for Pet Owners

For many people, the idea of living in more than one state is a dream come true.  After all, what could be better than experiencing all that different parts of the country have to offer?

While there are undeniable advantages to owning property in multiple states, there are also some potential drawbacks to consider before deciding to become a snowbird.  In this blog post, Ocean Blue Real Estate will explore some of the pros and cons of multi-state living arrangement so you can decide if it's right for you and your pet.  

The Advantages of Multi-State Living Arrangements

There are a few significant benefits to owning property in multiple states, including the following:

You'll have more options for where to live.

You can choose where you want to live based on your mood or the time of year.  If you're someone who enjoys spending time in warm weather, you can head down to Florida or Arizona for the winter months.  Or, if you prefer cooler temperatures, you can spend your summers in New England or upstate New York.  The sky's the limit when it comes to choosing living arrangements for you and your furry friend.

You can save money on taxes.

Depending on which state(s) you live in, you may be able to take advantage of lower taxes by maintaining residences in multiple states.  This is something that you'll need to speak with an accountant about, but it's worth considering if you're looking for ways to reduce your overall tax burden.

You can rent out your properties.

Another advantage of being a snowbird is that you can rent out your properties when you're not using them.  This can be a great way to offset the costs of maintaining two homes.  Just be sure to do your research and find reputable renters who will take good care of your property while you're away.  

The Disadvantages of Multi-State Living Arrangements

Of course, there are potential downsides that come with owning property in multiple states, such as:

It can be expensive.

Maintaining two homes can get expensive quickly.  In addition to the mortgage payments, insurance, and repairs, you'll need to factor in the cost of travel when switching between your two residences.  If you're not careful, these expense can add up quickly and eat into any savings you hoped to achieve by becoming a snowbird.

It can be complicated. 

Another potential disadvantage of multi-state living arrangements is that they can sometimes be complicated, particularly concerning things like taxes and insurance.  For example, if you own property in two different states, you'll need to make sure both homes are properly insured at all times.  You'll also need to keep track of any changes in tax laws that might affect your situation.

Moreover, you'll need to ensure your homes are equipped with all the toys, bedding, food, and other supplies your pet needs to thrive.  Reading reputable product review sites is essential before investing in products with a high price tag.  Some sites even offer reviews from veterinarians and other professionals.  

Living Costs 

When considering moving to (or visiting) a different city or state, you must know the expenses to prepare for.  Here's a quick rundown of expected living costs in various cities:

  • Booking a self-storage unit in San Antonio, TX, is $70.65 on average. Remember to research storage options in your community before signing the dotted line!
  • The average cost of dog walking in Half Moon Bay CA, is $19.25 per hour.  
  • Utilities in Denver, CO (e.g., electricity, natural gas, water, and sewer) will run you $149.94 on average.

The median price for a one-bedroom apartment in Manhattan, NYC, is $4,265 per month

So, should you and your furry companion become snowbirds?  Ultimately, only you can answer that question, but we hope this article has given you something to consider as you weigh your options.  Just remember to research the living costs wherever you go so you can prepare!

Are you looking for top-tier real estate services on the Northern California coast?  Contact Ocean Blue Real Estate today! (650) 713-5544.

Recent Blog Posts

Stay up to date on the latest real estate trends.

We are Lahaina and we can make a difference now

David Oliphant  |  August 18, 2023

How to Start a Home-Based Business While Moving

January 25, 2023

The Top 5 Things to Consider When Bringing a Rescue Pet into Your New Home

November 21, 2022

Help settle a rescue pet into your home

The Pros and Cons of Multi-State Living Arrangements for Pet Owners

October 25, 2022

A Guide to Starting Over in a New City

August 26, 2022

If you’ve experienced a major life disappointment, from losing a job to a breakup, you may be tempted to move. A new city will give you a fresh start, making it easier… Read more

4 Easy Ways to Turn Your Garage Into Your Dream Office

June 16, 2022

As working from home is becoming more prevalent, an increasing number of homeowners are choosing to turn their existing garages into a dedicated office space. And if y… Read more

3 Tips for Getting Your Home Ready to Sell

May 19, 2022

Selling a home can be stressful, particularly if you are still inhabiting the home. Many steps are still available to you, though, that can help prepare your home for … Read more

What to Do With Your Home If You’re Transitioning to Senior Care

February 17, 2022

As they get older, many people decide to move to a senior care facility like an assisted living center or a nursing home. Making the move has many benefits, as it can … Read more

7 Things to Know About Living in Pacifica

December 14, 2021

It was 2018, a beautiful sunny day. I was walking down a street in Pacifica. My hat flew off my head from an ocean breeze. I kid you not, this exact scene happened sim… Read more

Let's Talk

You’ve got questions and we can’t wait to answer them.