Bordering the states of California and Nevada, Lake Tahoe is one of the largest lakes on the continent. The resorts constructed around this serene freshwater lake serve as a launching point for the casinos, outdoor recreation, and many other amenities provided by the town that bears its name. Moving into a resort community in Lake Tahoe will have pluses and minuses, each of which should be carefully evaluated before relocating.
The pros of living around Lake Tahoe
The taxes on the Nevada side of the lake are low
Recreational opportunities are an outdoors person's dream
The Lake Tahoe area is also known for its hiking and biking trails. The variety of trails range from beginner to expert, allowing hikers of every skill level to explore the region's beauty. There are less challenging trails around the lake, while the foothills of the Sierra Nevada mountains serve as starting points for trails that are perfect for expert hikers. Some short out-and-back trails will take an afternoon, while others (like the Tahoe Rim Trail) will take days to complete.
With the winter months comes the snow. The mountains around Lake Tahoe are the perfect spot for skiing, attracting an untold number of tourists to the area each ski season. Numerous resorts have been established solely for the purpose of hosting skiers and a number of other spots for locals to enjoy. The slopes here range from beginner to expert, giving everyone a chance to find a place to participate in this popular wintertime sport.
The cons of living around Lake Tahoe
The cost of living around Lake Tahoe is higher than the national average
Living around Lake Tahoe is higher in every other major category. Utilities, groceries, and healthcare are all more expensive here, as is transportation. The typical pay is higher than the national average, of course. But knowing what you’ll spend out of pocket to live here should be a primary concern when budgeting.
Winters will typically entail a lot of snow
The bottom line
Having a professional at your side from the early stages of the home search to the moment when the keys are finally in your hand saves you time and stress and will help when the time comes to negotiate the best possible price.
*Header photo courtesy of Shutterstock