Different Kinds of Lakes
There are thousands of lakes in the 6 counties encompassing Central Florida, however not all lakes will suit your home buying needs. There are big lakes, small lakes, sand bottom, muck bottom and lakes with varying water levels. There are even chains of lakes which can take you from one lake to 13 lakes or even north to the St. John’s River.
Some lakes are good only for fishing, while on other lakes, skiing and boating is allowed. Some waterfront is too swampy for much else other than a beautiful view out the back door. Buying Lakefront property takes extra knowledge that all the Buyer Brokers at Buyers Broker of Florida have, since all the brokers live on a lake.
Lakefront property is prime real estate
Lakefront properties are one of the best investments around with appreciation much greater than dry lots. The supply for prime waterfront is limited and the demand is high.
Many times the land is typically more important than the house structure, so it is important to first decide what your goals are for living on a lake.
Do you want to boat or jet ski on the lake? Need a “fly in” lake for your plane? Or do you just want the widest waterfront view possible?
How pricy is lakefront property?
Depends. All counties have lakes with varying price points. In Orlando a prime piece of waterfront lot on the Butler Chain of lakes that is suitable for building will start at about $1 Million dollars plus. Other smaller lakes in Orlando proper may start at only $300,000. In Lake county, where most lakes are good for fishing, lakefront can be bought for less than $200,000.
What determines lakefront values?
Lakefront properties are priced by the city it is in, the location on the lake, water quality, ability to have a motor boat, size of lake, the water view, running feet on the waterfront, and whether or not you have access to other lakes. Of course the quality of home on the lot is also a consideration.Investing in waterfront is always good, the cost just depends but ask us, we can help. To search waterfront homes, click here.
To have a customized waterfront list sent to your e-mail, with daily updates, just ask us. It will be complimentary and our pleasure to set that up for you.