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Old 10-27-2020, 08:23 AM   #170
Lkin
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Quote:
Originally Posted by mswlogo View Post
A lot of new buyers have no idea the differences it makes on where you are on a lake. The premium spots are rare and expensive.

You have to factor in

Wind exposure.
Sun Exposure.
Water Clarity.
How long to get there (if it's a weekend home) [we wanted to stay under 2.5 hrs]
What is near by, attractions are nice to take guest too, or eat out at for ourselves.
How easy is it to get to the water.
Is it gradual entry or a drop off.
Neighbors, do they rent weekly, renters love fireworks on their summer vacation, and it gets old.
Dirt road, it can really trash you cars. And dust can be and issue along with it.
Garage, pine needles and sap can really trash your car.

They all cost.
All good points, but as a potential buyer, I've found that houses on the lake go so fast its hard to factor them in. You look at a house that needs 1-200k in upgrades and repair, that might fetch 300k off water, and it goes for 1.5M without ever being seen by the buyer!

But all great points, good information to ponder if we ever get in the position to get a bid in on another property.

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