If you are considering buying a home or lot on Lake Martin, then spend some time doing location research. Shopping for a Lake Martin property as a family can really bring everybody together and create some powerful memories. It is both a financial investment and an investment in family. Everyone has heard the old saying about real estate – Location, Location, Location. Well, it has never been more true than in searching for real estate on Lake Martin.
Location: If you are not familiar with Lake Martin and its many different areas take some time and do your research. Lake Martin is a huge 44,000 acre lake with over 750 miles of shoreline covering 3 counties, numerous municipalities as well as many outlying rural areas with no zoning protection. In these areas the risks associated with Location are high, and the chances of making a mistake can seem to be higher as well. Luckily, an experienced Lake Martin Realtor can help you sort through this and help you find “your place” on Lake Martin.
Location: One the main things you can do in your research of the area is make sure you understand where you are buying. Locations of nearby cities for shopping, hospitals, schools, restaurants, marinas, etc… Zoning laws, neighborhood covenant restrictions, HOA’s are different in all areas. Some areas may be closer to your primary home or a major highway but not offer the amenities for what you are looking. Close is not always best.
Location: Pay close attention to the distance to marinas, restaraunts and other amenties by both road and water. Those friends and relatives or that favorite restaraunt that is just a 2 minute boat ride away could easily take you 45 minutes by car. Google Earth is a great resource when determining a properties proximity to areas of interest.
Naturally, pricing is a big issue. Forget about looking at typical properties pricing and value by “square foot” pricing. Pay close attention lot size, waterfrontage, lot slope, water front amentities, view, water depth, neighborhood amenties and more. Each property characteristic carries a different weight in pricing from property to property. It is best to have an experienced Lake Martin real estate agent show you some properties and point out the pricing adjustments used in determing the list price.
When picking a Lake Martin Real Estate agent don’t pick them from a pretty website, google search results or a phone book. Qualify your real estate agent by asking them how they will find the Location that is right for you.
For more valuable information on finding your “place on Lake Martin”, please contact Miller Dark a full time Lake Martin Real Estate expert.