Got a house that gazes over a rushing river, a deep blue sea, or a sparkling lake? The amazing views of your property are worth a lot if you consider selling the lake house. From the exclusive activities, such as swimming, fishing, and boating, to hosting weekend parties, all these make your lake house an attractive catch.
While these features make your waterfront location a blessing, its maintenance can be a curse. The extra hassle of a decaying dock, giant bugs, and soil erosion can be too much to handle. Steering your boat to a successful closing can be a challenge but worry not; we have got the perfect tips to help you handle the sale.
Most homeowners will tell you to highlight the unique qualities of your property or get some cosmetic repairs done for the open house, but these apply to standard properties.
For a lake house, you need to go the extra mile! Here’s how:
Price Your Property Based on Water Proximity, View, and Body of Water
Waterfront properties are worth more. According to a study, waterfront views boost a property’s average value by 25.6%. Here are a few more stats regarding a property’s value by views:
- Poor Partial View: 8.2%
- Lake View: 18.1%
- Unobstructed Ocean View: 58.9%
Based on these, the closer the property is to the lake, the higher its value will be. Where standard houses require professional staging, the views of a lake house speak for themselves.
Shoreline Curb Appeal
Lake houses have much more clutter than in-city houses. So, before a potential buyer arrives, clean dead fish and leaves from the shoreline. Rake the bottom muck and aquatic weeds into the lake. Take pictures and add them to the flyer. Depending on the season you are selling your lake house in, highlight specific features.
Pictures help buyers envision the property. You can also offer the visitors a boat tour so they can explore the lake.
Provide a Clear Path to the Water
Take a walk around your property and asses the land. Is the walk from your front door to the lake easy? For example, is the path bumpy? An inexpensive way to make this path appealing is to line it with pebbles and flat stones. Place a few potted plants on either side, and there you have it ― a personal green carpet for freshness and fun.
Work With a Waterfront Specialist
Not all real estate agents know how to sell a lake house. You need to hire someone who specializes in handling waterfront properties. They will be better able to talk about the property and the surrounding land and answer any questions the buyer might have about any specifics.
Selling your property, whether a lake house or a house in the city, can be very hectic. However, when you are the owner of the former, you need to have a strategy in place before approaching the buyer.