Your first venture into real estate when looking for a lake home may seem a bit daunting at first, but once you dip your toes in the figurative waters, it’s not so bad. In fact, we’ve devised a list of tips to help making the search for your first lake home an easy and productive one. Here’s what you need to know.
Do Your Research (Then Do It Again)
Approximately 92% of people now make use of the Internet during their home search. If you’re looking at lake homes, this is especially important. First off, you’ll need to find the right lake. If it’s getting colder outside or you don’t want to travel around to all of the different lakes you’re considering, use the Internet to your advantage and find out which lake is going to be the right one for you. This will make the selection process infinitely easier when it comes time to visit the homes in person.
If you’re looking for a more permanent residence, then you’ll want to consider how new the home is and how much weather/water damage it’s seen. In addition, you may want to look for real estate agents who are familiar with school districts and community life in the areas you’re looking at. If your lake home is going to be a summer getaway or a quiet place to work, you might want to choose a location closer to your permanent residence, and a smaller one, at that.
Be Aware of the Waterfront Rules
This should be part of your initial research, but in the world of real estate it never hurts to keep learning as you go. Before you invest in any waterfront property, you should know all of the local ordinances in terms of waste disposal and in terms of rebuilding and renovating. If you do want to renovate, make sure you won’t be breaking any local laws.
The Time is Now
If you want a lake home ready by the summer, start your search now. Winter is often a good time to start preparations, as it will give you plenty of wiggle room to prepare your new lakefront home for the coming summer months.
If you’re looking to jump into the waters of real estate and start looking for your first lake home, don’t wait! There’s no time like the present.