Waterfront Home vs. Waterfront Lot
As with any other real estate purchase, the old adage "location, location, location" certainly holds true for waterfront home sites. If you are buying a normal interior home site, your value will most likely be in the house. If you are buying a waterfront lot, the majority of the value is in the land, with the future home accounting for a much smaller portion of the total value. Therefore, understanding waterfront land value is imperative when purchasing lakeside real estate.
One of the largest value adders is the community itself. Being on the water is great; however, one must remember that the land is in a community. Therefore, it is important to shop the community first. Find the community that has the lifestyle fit for you and your family. Do you want golfing and tennis facilities? Are you looking for a community where the majority of the residents live full time? Is the community in a good school district?
It is important that you love the community as well as the waterfront home site. An excellent example of this would be shopping for a waterfront home site on Lake Conroe. There are some small areas surrounding the lake. But if you want amenities unlike other neighborhoods, there are only a few master-planned communities on Lake Conroe, like the premier Bentwater community on the lake's north shore.
The Bentwater Difference
A truly resort community close to the city, Bentwater is a private, gated community complete with a country club, yacht club and marina, racquet club, fitness center, day spa, and two private islands. Get all the luxuries of a vacation in the comfort of your own community.
Once you have selected a welcoming active lifestyle community like Bentwater, you can then begin to look at waterfront home sites that will accommodate your future home. In Bentwater, you will find beautiful waterfront home sites that range from $255,000 to $299,000. At these prices, you can purchase your land and still have money left to build your dream home. And, in Bentwater, there is no timeline in which to build so the time is always right to come in and start your search for your next waterfront home.
Connie Stout, the firm's Top Producing Realtor for 2015, sold over $12.6 Million of real estate, representing 28 buyers and sellers. Connie also earned the coveted Circle of Excellence award for her performance. The Circle of Excellence is an annual award given to the Realtor with the most Top Producer of the Month designations in the calendar year.