Home Buying Tips: Missouri Real Estate
Missouri Real Estate 101
Buying a home in the Lake of the Ozarks is not like buying a home in typical suburbia. In fact, if you don’t live here you’d be doing yourself a favor to have a realtor help you out. (Especially the first time).
Many of our Remax Lake of the Ozarks clients come from out-of-state and need to spend a little time getting to know the lake before the process of home hunting can really start.
- Tip #1 – How you live matters a great deal here. If you plan to lounge at the dock during the summer, grill out and enjoy life sitting by the lake, you’ll likely be much happier in a protected cove property. If you find yourself with a home on Lake of the Ozark’s main channel, the waves and wakes created by the massive summer, weekend boat traffic will keep you off the dock.
- Tip #2 – For real estate purposes, the lake is separated into 7 distinct areas, and properties are listed as to mile markers laid out on the Lake. You’d be way ahead of the game if you studied the MLS Lake of the Ozarks Real Estate map (which we can e-mail to you – there’s a form in the sidebar on the home page). That will really help you understand the codes on the home listing sheets.
- Tip #3 – Because there are only a few bridges across the lake, two properties that are almost touching each other across narrow straits in the lake may be 30 – 45 minutes apart by car. Review the map to determine how, exactly, you move from one area of the lake to another.
- Tip #4 – There are certain areas of the lake where the general prices of the homes are grouped together. But don’t let that sway your thinking. Every price range is represented on the lake. Just because you think one area isn’t in your price range doesn’t mean you shouldn’t look. There are great deals everywhere.
If you’re currently selling Missouri real estate and aren’t too excited about the current market value, we can show you how that same lower “market value” can help you make up the difference on a home you’re buying.
You don’t have to lose the equity you built up, we can show you how to benefit on both sides.
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Tags: Home Buying Tips, Lake of the Ozarks MLS real estate map, lake of the ozarks real estate, missouri real estate, remax lake of the ozarks
