Whether you’re searching for the perfect vacation spot or the place you’ll raise your family, waterfront property provides some benefits you won’t get with a landlocked lot. There’s nothing quite like enjoying a view over the glassy water with your morning coffee or spending long summer days on the shore. Know what to look for in your new lake house to ensure you make the right investment.

What to Consider When Looking at a Lake House

1. Walk the Shoreline

Don’t just walk through the house and enjoy the view of the water—walk down to the shoreline, then down the length of the property. You need to know how easy your access is to the water, since this will impact how easy it is to keep an eye on young children. Also, check whether the property has any water facilities such as a dock or boathouse if you intend to use a boat. 

2. Look Into Insurance Options

If flooding has been a concern for others in the past, then it’s wise to look into flood insurance to protect your property. Your mortgage lender may even require this special coverage, which is separate from normal homeowner’s insurance.

Your rates will vary depending on how high the risk is considered in your area. Get a few quotes from different providers, and choose your coverage amount carefully. It’s wise to get enough coverage for a complete rebuild of the home and replacement of personal belongings.  

3. Get to Know the Area

Every lake provides a unique experience. Because the water is a large portion of what you’re paying for with the property, it’s best to choose the right lake. If you want a peaceful location, choose a smaller lake that doesn’t permit motorboats. If you want a more lively area with the sound of running water, a riverfront property might be right for you.

Look into the rest of the neighborhood as well. Look at the quality of the school district, convenience to amenities and shopping, your commute length, the local crime rates, and ease of travel, such as highways and airports. 

The team at Herron Realty will help you find the perfect lake house in the Central Adirondack region of Upstate New York. They can provide priceless advice that will help you find your property. They’ll guide you through the entire home search, from recommending listings to representing you in your negotiations. Start searching on their website and call (315) 369-6910 to schedule a consultation.