What comes to mind when you’re getting ready to sell your home? Pricing! Knowing how to and what to price your lake home is crucial in the selling process. If you go too high, more than likely, it will sit on the market longer than you’d like. Lake Homes Realty’s CEO, Glenn Phillips, delves into the importance of proper pricing and how easy it is to accidentally overprice.
“What I have in it”: This is the concept of what you, as the owner, have financially put into the home. However, buyers do not care about this. The market is the market. When you were the buyer, you didn’t ask the seller what they had put into the home. The same goes for your potential buyers; they don’t care. The market sets the price.
“What I ‘need’…”: At the end of the day, need has nothing to do with it. Need is market-independent and not relevant to any of the buyers.
“I just ‘feel’ it is worth this”: There have been many studies that indicate we value our own possessions a lot more than other people’s possessions. This is something you need to be mindful of. It’s very easy to justify why you think your property is worth a certain amount.
“The neighbor’s house sold for…”: That might be a true statement, or it might be a rumor someone has made up. If it is factual, there are many factors that could have been at play, such as selling when the market was hot. Having an agent who can pull a market analysis is more beneficial than basing pricing on the neighbor’s home.
“The house nearby is listed for…”: “Listed for” is exactly what it sounds like, a listing. That house is still on the market.
“If I can get this much, then I’ll sell”: This means you are not actively trying to sell the home. If something were to come along at a price you like, then you might. Something like this wastes time for all parties.
Having the correct pricing is truly the most important thing if you’re trying to sell. However, as mentioned above, it’s very easy to overprice a lake home. If you’re trying to figure out how to get accurate pricing, reach out to our lake experts at https://www.lakehomes.com/.
A front porch is more than just an entryway—it’s the heart and soul of your beloved lake dwelling. It sets the tone for your home’s personality. Just as it symbolizes home to you and yours, it welcomes guests with warmth and hospitality. Whether you have a cozy cottage or a grand lakefront estate, your porch should complement the architectural style of your home. It should also maximize available space and prioritize safety, particularly for households with children. Materials play a key role in enhancing durability and aesthetic appeal, with options like natural wood, composite decking, stone, and brick all offering distinct advantages depending on your regional climate.
For lake home properties across the U.S., different front porch styles cater to various environmental and aesthetic needs. From simple enhancements like bold lighting fixtures to more substantial upgrades such as screened enclosures or folding front doors, numerous ways can elevate your home’s curb appeal. Here are seven impactful front porch ideas suited to different lake regions for inspiration. These ideas provide functional and aesthetic benefits tailored to specific climates and lifestyles.
Incorporate a Folding Door for Ultimate Flexibility
A folding front door can be a game-changer for homeowners in California and the Pacific Northwest lake regions, where mild climates encourage open-air living. Additionally, their flexibility makes them suitable for almost any lake climate. This unique element expands your living space. It creates an airy transition between the interior and exterior, perfect for entertaining or enjoying serene lake views.
Enhance Farmhouse Style with PVC or DIY Column Wraps
Adding PVC or DIY column wraps is an affordable and impactful way to upgrade the look of your front porch. This approach is practical for farm-style homes popular in the Midwest, Upper East, and Mid-Atlantic lake regions. These areas blend classic Americana aesthetics with modern convenience. These wraps provide the look of traditional wood without the maintenance, ensuring long-term durability against seasonal weather fluctuations.
Bringing your interior design elements outdoors creates a seamless flow between your home’s indoor and outdoor spaces. Incorporate comfortable seating, side tables, outdoor rugs, pillows, and performance fabrics that resist moisture and fading. This idea works well in the Southeast and Texas Gulf lake regions, where extended warm seasons allow for outdoor living nearly year-round.
Statement lighting fixtures can instantly boost your home’s curb appeal while providing necessary illumination for safety and ambiance. Oversized lanterns, industrial-style sconces, or even string lights can add character to porches in the Northern and Upper East lake regions. Shorter daylight hours in these areas make proper lighting essential for year-round usability.
Screening in your porch can make outdoor relaxation more enjoyable in areas where mosquitos and other pests are a concern, such as the Mid-Atlantic and Southeast lake regions. A well-designed screened porch can blend seamlessly with your home’s architecture. It can also keep insects at bay and provide additional shade.
Install a Porch Swing or Swinging Daybed for a Tranquil Ambiance
Few things evoke relaxation like a porch swing or a cushioned daybed. This addition works beautifully in the Texas Gulf and Southeast lake regions. Gentle breezes and scenic views in these areas create the perfect setting for unwinding with a book or watching the sunset.
Elevating your porch’s aesthetic can be as simple as installing new flooring or painting the ceiling in an eye-catching hue. Classic blue ceilings, for example, are a staple in Southern lake homes. They are believed to deter insects while adding a charming, coastal touch. Meanwhile, natural wood or stone flooring provides a rustic, high-end feel in the Pacific Northwest and Northern lake regions.
Your front porch is an extension of your home’s personality and reflects your lifestyle. Whether you aim for a rustic retreat, a contemporary oasis, or a traditional charm, these porch enhancements can help maximize curb appeal. They can also improve functionality. By tailoring your porch style to your lake region’s climate and aesthetics, you can create a welcoming space that not only impresses visitors but also offers an inviting sanctuary for relaxation and enjoyment throughout the seasons. For more lake-inspired décor tips, visit Lake Home Lifestyles.
Are you selling your lake home? You, as a seller, have traits that most sellers exhibit. The same goes for lake home buyers. Because you are trying to sell your home, you should be aware of what these typical buyer traits are and how to spot them. Lake Home Realty’s CEO, Glenn Phillips, discusses what some of these traits are and how to be on the lookout for them.
Often Live >100 Miles Away: Most buyers who purchase lake property are looking for something they can move to in retirement or a place they can have as their getaway. Knowing that typical lake buyers are coming as far away as other states or cross country is important when it comes to marketing towards them.
“Want What They Want”: It isn’t very common that your typical lake home buyer is looking for anything in a hurry. They don’t need a home immediately to ensure their kids can be in a certain school system or any other reason behind a quick move. They could spend months to years waiting to find exactly what it is they want.
Willing to pay…but RARELY overpay: Most people who are buying lake property are smart with their money. You can see that the inventory has grown a lot in the past couple of months. These buyers aren’t willing to pay for a home that is overpriced, a more and more are becoming that.
Unconcerned with school systems: The usual demographic is 55 and older. They might have grandkids coming to visit, but that doesn’t mean the specific school systems in the area are pertinent for these buyers.
Hospital Reasonably Close: Like the previous point, the age demographic is a little older than your usual real estate market. Knowing you’re not too far away from a medical center is something that is being looked into when a buyer is considering moving to the lake.
Knowing these buyer traits can benefit you if you’re beginning the selling process or have been in it for a minute. If you would like help with selling or simply more details about these traits, reach out to one of our lake agents today at https://www.lakehomes.com/. They would be more than willing to lend a helping hand.
Spring is here, and there’s no better way to enjoy the lake than on a boat. While you’re out cruising, why not accompany your day with an awesome playlist? From oldie classics to today’s latest hits, we’ve got the best tunes to celebrate springtime out on the water.
Spring is Here – Ella Fitzgerald
Three Little Birds – Bob Marley & The Wailers
As It Was – Harry Styles
Unwritten – Natasha Bedingfield
Brazil – Declan McKenna
Dog Days Are Over – Florence + The Machine
Borderline – Tame Impala
Riptide – Vance Joy
Bubbly – Colbie Caillat
You Are The Sunshine of My Life – Stevie Wonder
Golden Hour – Kacey Musgraves
Spring Vacation – The Beach Boys
It Might as Well Be Spring – Frank Sinatra
Happy – Pharrell Williams
Feeling Good – Nina Simone
Go Your Own Way – Fleetwood Mac
Dreams – The Cranberries
Sunday Best – Surfaces
Flowers – Miley Cyrus
I Can See Clearly Now – Johnny Nash
I’m Like a Bird – Nelly Furtado
On Top of The World – Imagine Dragons
Mr. Blue Sky – ELO
Sunshine on My Shoulders – John Denver
My Girl – The Temptations
Rosa – Grimes
Ain’t No Sunshine – Bill Withers
Don’t Worry, Be Happy – Bob Marley
Spring Fever – Elvis Presley
Butterflies – Kacey Musgraves
Want to listen to more? Be sure to check out our other playlists!
Pricing is an important factor when it comes to buying and selling a lake home. On the buyer’s side, you typically want to find a home that is within your budget and not something astronomically outrageous. From the seller’s side, pricing a home appropriately means more people are willing to look at it. Glenn Phillips, CEO of Lake Homes Realty, breaks down 7 different signs that a lake home is not priced realistically.
Days-on-Market (DOM): Transparency is important. If your home has been on the market longer than 60-90 days, specifically for lake properties, it typically indicates that something isn’t right about the transaction. If the home is priced about 10-15% or more up than what the market is realistically expecting, people won’t take the time to even look at the home.
Big Appraisal Gap: This was a bigger deal during the COVID frenzy, where people were willing to pay a higher price for the home than the appraisal price. However, since we have shifted from that, people aren’t as willing to spend that money.
“Back on the Market”: This could indicate a price problem, either an issue with the mortgage appraisal not matching or an issue with the house, and the buyer and seller couldn’t agree on how to solve it in terms of the price.
Massive $ Increase: This relates to an increase in the price of the house from when it was initially purchased to now, and there hasn’t been much done or changed about the property. If the seller can’t explain why there would be such a price increase, it more than likely means the home is overpriced.
Multiple Price Cuts: The home has a lot of days on the market, as well as multiple cuts in the price. They might not even be significant price cuts. However, a buyer can see this and expect more cuts to happen before even looking at the property.
Sellers: No (or Few) Showings: Having nobody come to look at the property is a key indicator that the home is priced poorly. Having people come and view your home is something that should be happening.
Sellers: No Offers (or Similarly Low): Having people come and look at the home is great, but receiving no offers or even low offers means the pricing is off. If you’re receiving low offers, it can often be the buyer trying to offer at a more accurate price point.
Having a home that sits on the market for months due to pricing is something no seller or buyer, for that matter, wants. Ensuring you have priced your lake home appropriately is key in ensuring you can sell it. If you’re struggling with pinpointing what price is right for your home, contact one of our lake agents today! They would be more than willing to help you out!
Now is the time when you have decided to either buy a lake home or sell the one you currently have. However, you have to make a pretty big decision, which real estate agent to work with? Before you decide to choose one randomly, check out what Lake Homes Realty’s CEO, Glenn Phillips, has to say when it comes to mistakes made when hiring an agent.
Generalist Instead Of Specialist: The biggest mistake people usually make is hiring an agent who doesn’t specialize in lake real estate. A general real estate agent might know the nuances of transactions and other facets of the real estate world but not necessarily the ins and outs of the lake market. There are many different rules and regulations when it comes to buying and selling within the realm of lake real estate.
Family As A Favor: Everyone would love to help out family, especially if they are new to the world of real estate. There are other ways to help out your family without negatively affecting your transactions. This is where working with a specialist really benefits you.
Just Picking A Friend: Similarly to the family aspect, working alongside someone who knows what it really takes to work within this market is always going to be better than simply just someone you know. That friend might not know the exact questions that need to be asked and a plethora of other things that a seasoned lake agent will know.
Only Think Local: This is particularly a mistake when selling. There are ways to target buyers in various parts of the country. This will help directly target lake buyers within many different states. A lake agent knows how to go about this and the ways you can truly target dedicated lake buyers.
These 4 mistakes are common in selling lake properties. However, they don’t have to be. A great way to avoid these is by working alongside a seasoned lake real estate expert. There are many different agents who would love to help you navigate the process of buying or selling lake property. Check them out at https://www.lakehomes.com/ and ask any other questions you might have.
When you are buying or selling, there may be terms thrown around, such as ” Highest” or “Best” when referring to offers. In reality, it’s not an auction. It’s actually the furthest thing from it. Lake Homes Realty’s CEO, Glenn Phillips, breaks down the different meaning meanings behind these terms.
Not An Auction!
Highest $ May Not Win: The highest is strictly just a number. This does not ensure whoever offers the highest amount will be the one purchasing the property. The seller is the one who decides who they want to do a transaction with.
Seller Selects Their Buyer: When it comes down to the transaction, it is fully up to the seller to decide how and if they want to proceed.
Look To “De-risk The Deal”– Remove the probability the seller might become uncomfortable with the offer.
Cash Versus Mortgage: Over half of the transactions done at Lake Homes Realty are made in cash. That doesn’t mean mortgages don’t happen. In the instances when a mortgage is in play, there is always the chance it won’t go through. There could even be an appraisal gap. Using cash is one less risk.
Timeframe Might Be Important: A seller could want to move very quickly or they might not have a time constraint. Utilizing the time frame and the nuances that come with it can help to make your offer the best.
Size Of Earnest Money: As a seller, seeing someone with a bigger size of earnest money can lead the seller to think they have more intent on wanting to purchase the home.
Fewer Contingencies: It’s not just the mortgage aspect. There could be home inspections, HOA fees, and a whole list of other things. If you are able to eliminate any of those extra contingencies, that can remove the possibility that the seller is uncomfortable.
Simplicity: If things become too complex, it can lead to the seller becoming confused, which, in turn, leads to the seller saying no.
When it really comes down to it, the “Highest and Best” offer can be great but can also hold a lot more nuance than people might realize. If you still have questions regarding which ways to navigate offers, talk with an agent at https://www.lakehomes.com/. They would be more than happy to help you along your real estate journey.
Sailing is one of the classic joys of lake living. On a day with a gentle wind, there’s nothing better than hoisting the mainsail and enjoying a quiet afternoon. Whether for recreation or transportation, sailing has permeated cultures worldwide since ancient times. Because of these early roots, unlike motorized boats, operating a sailboat requires a specific skill set and knowledge of terminology.
In addition to understanding the lingo of sailboats, it’s also important to know the different types. In general, sailboats can be categorized in various ways based on their primary hull design, the keel, and the mast. For those new to the lexicon, a hull refers to the body of the boat, a keel is the main structural backbone, and a mast is a towering pole that holds sails in place. Today, we’ll be using the hull-based categorization system. For an introductory crash course, check out these three basic types of sailboats!
Monohulls are the most common type of sailboats. This classic structure is defined by a single body with a large beam, usually sporting a classic, clean look. Part of their popularity is their ability to provide both storage and stability simultaneously. However, monohull sailboats have decreased in popularity recently for those who engage in sailing competitions since the extra storage space isn’t conducive for higher speeds. If you’re curious about the keel categorization, traditional monohulls tend to have full keels, cutaway keels, or fin keels.
One of the most common designs in the monohull family is a dinghy, a short sailboat for one or two people that’s easy to maneuver. Although the name implies shabby characteristics, dinghies are useful little boats to have at a lake house. Other varieties of monohulls include cutters (a medium-sized sailboat with three sails), sloops (a single mast with one mainsail and one headsail), ketches (two main masts with one around midship), and schooners (more than two sails which are supported on masts). A sloop is probably the one that comes to mind when thinking of a modern sailboat.
Often nicknamed cats, catamarans are defined by their double hulls. More specifically, catamarans have twin-hulled structures attached together by specialized members. Appropriately, the word means “tied pieces of wood” in Tamil, a South Indian language. The twin hulls provide stability for these boats, which are popular for their expansive interior room and increased deck space. Although these boats have a higher speed than monohulls, they tend to sail more off-course because their keels are not as heavy.
A few specific types include beach catamarans (popular for day sailing and among those with little sailing experience) and charter catamarans (much larger boats that usually feature both sails and a motor). Outside of the sailing world, motorized cats are gaining popularity among lake homeowners. Boats like pontoons and other “power cats” are well-regarded among anglers and cruisers alike.
Multi-hull sailboats feature anywhere between three and five hulls, although a three-hull variation is most common. These three-hull types, also known as trimarans, typically have a main hull and two side hulls for stability. On some of these boats, the side hulls can fold inward to make the boat more narrow. Due to their large beam and low center of gravity, these sailboats are very stable. As such, they make popular sailboats which only require small engines for propelling forward. Beyond the trimaran, four and five-hulled sailboats are rarely used commercially or by lake homeowners.
We hope this brief introduction serves as a helpful foray into sailboat types! If you’re looking to learn more, stay up-to-date by subscribing to Lake Homes Lifestyles for more insights on all things sailing.
When people think of mollusks, their minds often drift to the ocean—colorful seashells, squids with mesmerizing camouflage, or deep-sea nautiluses that have remained unchanged for millions of years. But there’s another world of mollusks, one that thrives in rivers, lakes, and streams: freshwater mollusks. Though they don’t get the same spotlight as their marine cousins, these soft-bodied creatures play a vital role in aquatic ecosystems and have fascinating survival strategies that deserve our attention.
Two Worlds, One Family: The Differences Between Freshwater and Marine Mollusks
Though freshwater and marine mollusks share a common ancestry, they have evolved unique adaptations to thrive in their respective environments.
Freshwater mollusks, like mussels and snails, inhabit rivers, lakes, and streams. They must withstand fluctuating temperatures, water flow, and oxygen levels. To aid in survival, many freshwater species rely on host fish to transport their larvae, helping them spread and establish new populations. Their shells tend to be thinner and more delicate due to the lower mineral content in freshwater.
Marine mollusks, on the other hand, include species like clams, oysters, and octopuses, which dwell in saltwater environments ranging from shallow shores to the deep sea. Many marine species are filter feeders, thriving in the nutrient-rich ocean, while cephalopods, such as squids and octopuses, have developed remarkable intelligence and agility. Their shells are often thicker and more calcium-rich due to the abundance of minerals in seawater, providing better protection against predators.
Freshwater mussels are nature’s ultimate water purifiers, acting as living filters that help maintain the clarity and health of aquatic ecosystems. These mollusks continuously pump water through their bodies, capturing bacteria, algae, and organic debris. By removing excess nutrients and pollutants, they play a crucial role in preventing harmful algal blooms and maintaining the delicate balance of their environment.
The filtering power of mussels is truly impressive. A single mussel can filter up to 15 gallons of water per day, meaning that a dense mussel bed can purify thousands of gallons daily. This natural filtration benefits not only aquatic plants and animals but also humans, who rely on clean water for drinking, fishing, and recreation. Many conservationists are now recognizing mussels as key indicators of water quality, using their presence (or absence) to gauge the health of a river or lake.
However, despite their incredible benefits, freshwater mussels face numerous threats, including pollution, habitat destruction, and climate change. Many species are now endangered, making it more important than ever to protect these natural water filters. Conservation efforts, such as habitat restoration and reducing industrial runoff, are essential to ensuring that mussels continue to provide their invaluable ecosystem services for generations to come.
With over 1,000 species worldwide, freshwater mollusks showcase an astonishing variety of shapes, sizes, and colors. Some, like the Zebra Mussel, have gained attention for their invasive tendencies, but many others are vital to their native habitats. The Snuffbox Mussel and the Purple Lilliput Mussel, for example, are not just beautiful but are also indicators of a thriving ecosystem.
Despite their small size, freshwater mussels have a massive impact on their ecosystems. These tiny titans create microhabitats by burrowing into riverbeds, stabilizing sediments, and preventing erosion. Their presence enhances biodiversity, providing shelter for aquatic insects, fish, and other small organisms. As they filter water, they also recycle nutrients, enriching the ecosystem and supporting the food web. Without mussels, many freshwater habitats would lose their balance, making them essential players in maintaining a thriving aquatic environment.
Freshwater mollusks have developed some of the most ingenious survival strategies in the animal kingdom. Many species of mussels use fish-like lures to trick predatory fish into unknowingly assisting in their reproduction. These lures, often resembling small minnows or insects, attract fish that attempt to bite, only to be met with a cloud of mussel larvae (called glochidia) that attach to the fish’s gills. The host fish then transports the larvae to new areas, helping the mussels spread and colonize different parts of the waterway.
Beyond their clever reproductive tactics, many freshwater mollusks are also masters of camouflage. Some bury themselves in sediment to avoid predators, while others have shells that blend seamlessly with riverbeds and lake bottoms. This adaptation not only helps them avoid being eaten but also protects them from strong currents and environmental changes. These unique abilities make freshwater mollusks a vital yet often overlooked part of aquatic ecosystems, demonstrating how even the smallest creatures can have a profound impact on nature.
Freshwater mollusks shape their environments in ways that often go unnoticed. As natural water filters, they improve clarity and quality, while their presence stabilizes sediments and provides shelter for countless aquatic species. Their intricate relationships with fish and other wildlife highlight the complexity of freshwater ecosystems. Though they may not receive the same attention as their marine counterparts, these mollusks play an irreplaceable role in maintaining the delicate balance of rivers, lakes, and streams.
