The Lake Keowee real estate season is ON as we see that most of the leaves are on the trees and the temperatures begin to climb into the 70’s on a consistent basis. More and more folks are getting the itch to get out on the water and maybe even purchase a dream lot or home, as well. Sounds like a great idea to us and we’re ready!
We’ll see a consistent increase in buyer activity as we move towards the middle of July. The thing we really need to see more of is the consistent increase in sellers to balance. The inventory of waterfront properties on Lake Keowee continues to be low with many properties still under contract very soon after listing. This is an excellent opportunity for you folks who just can’t find the time to use that Keowee home or lot. Why not turn it into cash that can be used for something else? Values are still high, let us tell you what we think yours is currently worth.
We’ve had another good week as we closed a Lake Keowee waterfront home as well as a Lake Keowee waterfront lot. That’s just under $1.7M in closings. If that’s typical for the rest of 2023 (and we think it will be) things will be just fine!
Home Buyers: How to Avoid Paying Too Much
A Simple Guide to Help Avoid Overpaying For Your Home.
Simply put, paying too much can jeopardize the integrity of your investment. Here’s vital information to help you avoid overpaying for your property.
Tip #9 Don’t ignore red flags when evaluating a home’s pluses and minuses.
When evaluating the advantages and drawbacks of a particular property, be sure you know the difference between acceptable and unacceptable problems.
Some issues – peeling paint, worn carpeting, ugly wallpaper – are cosmetic and can be easily remedied. In fact, you can use these “problems” during negotiations to lower the asking price – after all, you’ll need to spend money to bring th house up to snuff. Make careful note of what you see that can be used to your advantage. Don’t nit-pick, however – if taken to extremes, you could end up alienating the seller and creating a hostile atmosphere.
Other problems may be warning to walk away. Major foundation cracks, evidence of previous water damage, signs of serious dry rot or termite damage, antiquated electrical systems or plumbing – any one of these may be cause to reconsider your interest.
Don’t let a house’s positive attributes blind you to very real problems. If you do, the chances are good that you’ll end up spending much more money than you ever expected down the line.
More next time….
Check out the Lake Keowee Real Estate numbers for the year