Lakefront Buying Tips
We decided to put together a few tips on buying lakefront property to help those who are looking to purchase their first lakefront property. Enjoy!
1) Make sure the company has a good reputation and/or is already developed. Buying early in a development before the roads, water, electricity, or amenities are built can be risky. Great companies can go bankrupt in hard times. Better insure your investment and buy property like The Peninsulas that is already developed.
2) Buy land that isn't in the flood plain. A homesite can look great until you realize that your once acre lot only has 1/10th of an acre to build on because of flooding. If you choose to sell your homesite before building then you will have a better chance of a quick sale if your property has more options for build space.
3) Your homesite should be easy to build on. Have your builder come out and look at your homesite before closing. A sloped property provides for incredible views and unique house designs, but can also be very expensive. Make sure to check and see exactly how great of a deal the property is after the dirt work is finished.
4) Don't buy larger than your stay. Having a major recreational property can be great. But if your plan is for it to be a weekend home then remember how much work a larger home can be. Your dream getaway can quickly turn into a weekend job. We have property from .75 acres to 10 acres to fit anybody's size needs.
5) Make sure your lake view won't be obstructed. Remember in early development that more houses will be built around you and your million dollar view can depreciate quickly. Pick a homesite either on the lake or with a protected view. The Peninsulas has numerous parks and green spaces that will never be developed to ensure you a protected view forever.
6) Your homesite should be in a community you love. Some communities have large ponds they call lakes, but when surrounded by over 500 homes that share several hundred acres of water, you might as well just stayed in the city. At The Peninsulas our homesites are laid out in a strategic design so that most homesites don't have houses across the street. We also have restrictions to keep the community as natural as possible so that our egrets and other wildlife will stick around for years to come.
7) Check the lake fluctuations. Many lakes in Texas supply water for cities in the area and can fluctuate over 10ft. per year on average. This means your dock could be dry docked more than half the time unless it is extended into well over 10ft. of water. Lake Bob Sandlin only fluctuates an average of 1-3ft. per year, which is great for The Peninsulas' homeowners.
8) Make sure you are going to own ALL of the property. Most people don't realize that most lakes in Texas either don't allow you to have a boat dock or the land is lease back property and you will never actually own the property all the way to the water. The Peninsulas at Lake Bob Sandlin is different than this norm in the fact that our homeowners own ALL of their property, even down to the water, and are allowed to build boat docks.








