Asking the Right Questions for Buying a Lakefront Condo

by | May 6, 2015 | Real Estate

It’s not uncommon for a person or a family to dream of living near the water. Whether it’s oceanfront or lakefront, when you can look out your windows and see a large open span of water glistening in the sun you may feel a new sense of satisfaction in your life. For most, living in an oceanfront property is not financially possible, but the Jane Kelly realty team can offer you the next best thing – a lakefront condo or single-family home on the shores of Lake of the Ozarks. As a new lakefront home buyer, there are some key questions to ask and considerations you should be aware of before you make a decision.

Asking the Important Questions

Finding a realtor who has specific experience with lakefront property is a very important first step. The Jane Kelly team has years of experience in selling Lake of the Ozark properties, many of which are lakefront. As such, they can help guide you through some of the important things to consider when buying a property in the area. When looking through for sale listings, try not to fall in love with a house or condo immediately. While this may be easier said than done, making sure the surrounding property is desirable is very important as well. You might have a lovely little lakefront home, but it could be in one of the most undesirable areas where the water is cloudy and does not flow well. Also take into consideration recreational restrictions of the specific area the condo is located. Is there a slip for you to keep your own boat nearby? Is fishing restricted in that area of the Lake? If allowed, is fishing even desirable in that area? Be sure to pinpoint your personal interests regarding the property and adjust your questions accordingly.

Seasonal Issues to Consider

Lakefront living can be great year round, and in Missouri it can be especially beautiful when the snow is falling and the lake is reflecting in the sun with a thin layer of ice on top. But with seasonal changes also comes some unique aspects to consider. If there is a dock on your property, does that area of the lake freeze solid? If so, is the water aerated to prevent damage to the dock? If not, can aeration be installed? Also take into consideration the roads leading to the property. Are they well maintained, or is this a private road you will have to keep clear of snow and ice yourself? By deciding on what is most important to you, buying a lakefront home can be one of the most enjoyable investments of your life.

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