I have a client who has narrowed his search down to two Lake Martin waterfront homes his family likes. This is great! But because this is Lake Martin real estate, deciding between the two homes is proving to be tough. A quick MLS property search in any price range will confirm that shopping for Lake Martin homes is not like comparing apples to apples. There are so many variables to consider, that even 2 homes next door to each other can have radically different qualities (water depth, house condition, waterfront footage, view, etc.)
It boils down to the simple question: “Why do you want a lake house?” That sounds obvious, but really thinking about their expectations for a lake home forces buyers to make choices: Where is the best location for them? How will they use it? What do they like to do at the lake? Why are they even buying one in the first place?
The video below is of Lake Martin Voice Realty clients, John and Wendy, who have just closed on their home, and had to make similar decisions. I think they offer some great advice:
Back to my current client with a choice to make. Our conversation goes something like this, and it is:
Buyer: “John, what do you think? House A or House B?”
John: “I have been selling long enough to realize that different people have different priorities. I think House A is a good choice if you prioritize newer home construction and the location in the west side of the lake. I like House B if you prioritize size of waterfront and length of view, or a North Lake / close to Highway 280 location.
If you are undecided about location, my advice is to ask yourself where you would like to be closer by water? Whereas House A might cost you 12 more minutes to drive from Birmingham, it might be only 7 minutes by boat from friends. Or House B might be 15 minutes faster drive from Birmingham, but 30 minutes from friends by water, but 10 minutes to shopping and restaurants in Alex City. You just have to ask yourself what you will be doing and how you will be spending your time.”
What about you? What are your priorities? Why do you want to buy a Lake Martin home? I’d love to be your realtor and help you think about these question – whether your time frame to purchase is two months or two years. Give me a call at (334) 221-5862 or click here to contact me.