Dream of owning lakefront property? Of drinking your coffee every morning while looking out at the water or perhaps spending the weekends out fishing with the family? However, buying this type of land is different than your typical landlocked lot. To ensure you find the right location for your needs, approach your purchase carefully, using advice from the guide below.

3 Tips for Buying a House on the Lake

1. Prioritize the Lot

The property itself is more important than the home. You can always change the structure if need be, but you cannot change where the lot is and how it relates to the water. Walk the area carefully so that you know what the view will be like, whether you have water access, and whether you’re okay with the water traffic.

2. Look Into Insurance

Insurance tends to be more complicated for waterfront real estate since your house will be more exposed to the elements. You may need to purchase additional policies such as wind, flood, and general hazard coverage, so speak to an agent ahead of time about what this will cost you.

3. Find the Right Agent

Work with a local real estate agent who has experience with lakefront property. They can provide valuable advice on specific lots you’re considering since they have been through the process before. For example, they may know that you want a careful inspection for mildew and mold, to conduct water quality tests, and have a survey done for drainage. They’ll also know about the area’s zoning restrictions.

When you’re thinking about buying lakefront property in the Ozarks, the agents at Gilbert Realty are the experts to work with. This team of over 35 licensed brokers and agents knows everything about the area around Mountain Home, AR. Before looking, you can request a free DVD about the neighborhood or pick up a property guide to learn about the local lifestyle. Then, begin exploring listings online or call (870) 425-6282 to talk with an agent.