3 Common Mistakes Buyers Make When Purchasing a Lake House
Whether you use it as a year-round dwelling or a seasonal vacation home, a lake house offers an opportunity to live amidst the majesty of nature and with easy access to views and activities. But, steering clear of some common mistakes buyers make will ensure you enjoy your property fully. Here are a few to avoid.
Mistakes to Avoid When Buying a Lake House
1. Not Talking to the Neighbors
Your potential neighbors are often an excellent source of information about what it's like to live in a certain neighborhood. They can give you a realistic picture of what life is like there, and you can ask them about the pros and cons of living on a lake. Get feedback from homeowners who use the lake house for vacation, as well as those who live there year-round. Ask about the weather and climate concerns; neighborhood safety; boat or watercraft storage; events; and local culture.
2. Not Considering Additional Costs
Buying a vacation home on a lake is an investment, and, as with any real estate purchase, it comes with additional costs that you may not initially realize. Consider the utility costs of heating, cooling, and supplying energy to the home. Additionally, factor in the costs associated with boat upkeep and storage, such as slip fees. Finally, take into account the expenses for joining a yachting or country club. Include all of these in your initial budget.
3. Not Understanding the Restrictions on Home Improvement Projects
Even if you found the perfect vacation home on a lake, it still likely needs improvements to ensure its comfortable and livable. Before you make a purchase, research the local building and construction codes and government restrictions. There are often specific parameters in place for building and renovating a property, especially when it is on a communal feature like a lake. For instance, homes often cannot legally exceed a certain height. Contact a local building and zoning office, talk to construction contractors in the area, and discuss concerns with neighbors to ensure you are aware of the regulations.
By avoiding these mistakes, you can ensure your vacation home will be comfortable and serene. Heritage Land Company offers lake houses for sale and rent throughout Lassen County, CA. Featuring both year-round and vacation homes on Eagle Lake, they provide a range of services, from weekly rentals to real estate sales. Call (530) 825-2131 or visit them online to learn more about their properties.