Purchasing a home by the lake sounds wonderful, doesn’t it? But what are the pros and cons of lakeside living? We spoke to our in-house real estate expert, Deb Sarsany of the Deb Sarsany Team at The Real Estate Group to find out.
As a lakeside dweller myself, there can be many benefits to living by the water. The views, the sounds, and the breeze all bring a sense of calm in the early morning or later when the sun is setting. Sitting on the deck with my morning coffee, catching up on emails, and taking a minute or two to gather my thoughts really is the best way to start my day.
Naturally, living near the water also means you’re close to a plethora of activities, from boating to jet skiing and fishing to kayaking, to name just a few. We are also lucky enough in Springfield to have a golf course close by and plenty of parks and recreational areas to entertain youngsters – and the young at heart.
Homes by the water are in limited supply, which means your lakeside property is likely to increase in value. However, unless you have a lot of cash to splash, you may need to take on a fixer-upper. And even that’s not going to come cheap as homes by the water are in high demand.
Homes on Lake Springfield come in all styles and sizes. In addition to the style of the home, you desire you also need to decide in what area of the lake you want to live. There are homes on the open body, at the end of coves, next I55 and in three different school districts.
General maintenance on a waterfront property can also be costly. The most pressing concern is exposure to the water. Often, waterfront homes are more susceptible to wind damage. The humidity, the mist, the perpetual state of dampness, can impact the exterior of the home. This wet environment is also a favorite habitat for annoying insects as well.
Lakeside properties are often less private. However, floor to ceiling glass walls or sliding doors provide amazing views of the lake, wildlife and beautiful sunrises, and sunsets. Be sure to factor in the cost for shades when you crave a little extra privacy.
It’s important to think about the kind of lifestyle you want to lead. At the lake, in summer, your backyard serves as your front yard. Be prepared for friends and neighbors to pop in by boat and join you for coffee or a cocktail on your deck. If waking up to the glistening lake in the morning, having friends and family over for a BBQ by the water, and setting off for the evening on your own boat is worth the investment then it’s time to speak with a realtor who can help you fulfill your dream.