Size Matters: A Guide to Buying the Right Size Home for You
Are you thinking about buying a home at the Lake of the Ozarks, but not quite sure how much space you'll need to live comfortably? It can be difficult to visualize the living difference between a 1,500 sqft and say a 2,000sqft home if you don't have a way to reference and compare side by side. As the best title agency at the Lake of the Ozarks, Arrowhead Title sees it fitting to give a few tips to help you determine the perfect size home to suit your needs. Continue reading to learn more!
Your Type of Lifestyle
One of the first things to consider is what type of lifestyle you're planning on living out in the home. If you're growing your family and having children or plan on regularly entertaining guests, you'll want to opt for a larger space. However, if it's just you and the spouse/significant other, you can likely get by with less space to live comfortably. Other considerations such as a home office/recreation room, storage capabilities, extra bedrooms/baths, even a basement or patio/deck. It all depends on what kinds of activities you plan on doing in your home.
What Type of Home
If you're seeking a forever home, your priorities may be different than say a temporary residence for a few years. Will it be a primary residence or a vacation home? Condo or single-family residence? All of these factors have advantages depending on your plans for the Lake home. Condos are great because they have minimal maintenance due to having and Homeowner's Association and property management. Whereas single-family homes provide more freedom to change the home or surroundings, but you are required to do the maintenance yourself.
Location, Location, Location!
Location at the Lake of the Ozarks can have a large impact on the affordability and size of the home you may be able to afford. Such as a lakefront house in Lake Ozark, which will cost more than say a house just outside Camdenton. It's also wise to consider what amenities, activities, and employment opportunities are within the area you're looking in. Having a budget in mind and sticking near it is important to avoid potentially overextending yourself as you house hunt around the various neighborhoods at the Lake of the Ozarks.
Buying Real Estate at the Lake
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