Skip the Cold this Winter: Consider Buying a Vacation Home on Lake Keowee
Consider Buying a Vacation Home on Lake Keowee
Lake Keowee, South Carolina is a human-made reservoir that serves as both a power source for Duke Energy Corporation and a public recreation site. This marvelous South Carolina 18,000-acre lake is 800 ft above sea level and over 20 miles long. Another reservoir in South Carolina, Lake Jocassee, serves as a water source for Lake Keowee. Lake Keowee provides its visitors with lovely temperatures with beautiful skies and plenty of vitamin D from the sun. Visitors will never be disappointed whenever visiting this reservoir because of the gorgeous setting and nearby sites. One of the beauties of owning a vacation home on Lake Keowee is the year round climate. A reasonable number of hot days in the summer and a few snow days in the winter.
Both real estate buyers and real estate experts will suggest buying vacation homes on Lake Keowee because of all the activities and entertainment available on the reservoir. Locals would also recommend the Lake Keowee area because it is rich in the arts and culture, due to the lake’s location close to Greenville, South Carolina. Additionally, real estate experts agree that visitors will fall in love with Keowee because it is located in Oconee County, home of gorgeous waterfalls, as well as plenty of warm-hearted townships. Residents and visitors could also watch live sporting events and participate in educational seminars at Clemson University, which is only 20 minutes away from the lake.
Lake Keowee offers all of this and more. It is no wonder why many real estate experts and real estate buyers don’t regret considering a vacation home on Lake Keowee. Below are the reasons you should look into a vacation home on Lake Keowee and tips once you’ve made the decision to do so.
1. Lake Keowee offers slim competition in fall and winter
The current real estate competition at Lake Keowee at the moment is slim. Real estate experts believe that real estate buyers are hesitant to purchase vacation homes on Lake Keowee due to the recurring cold temperatures. With Lake Keowee having an intriguing climate, real estate buyers consider buying properties when temperatures are hot. From Septemeber to March, Lake Keowee usually receives fewer real estate buyers. Lake Keowee is mainly a family community. During fall, winter, and spring, families are busy with school and school-related events and activities.
In the fall and winter seasons, most families aren’t concerned with buying vacation homes on Lake Keowee. Additionally, real estate experts mention that buyers are occupied with sporting events and the holiday season. The south loves its football, so during the season, most real estate buyers are heavily involved throughout the entire season. When the season is in full swing, the real estate market is almost inactive. Along with sports, events during the holidays tend to slow things down in the market. Here is when real estate buyers can take advantage of the inactivity within the market. Real estate buyers won’t encounter other buyers who are interested in purchasing the same vacation homes on Lake Keowee. With fewer buyers, you’ll be more likely to buy a home for a reasonably low price.
2. The sooner you start your search, the better
As mentioned above, the competition during the fall and winter seasons is slim. Summer will always be the busiest period to look for vacation homes on Lake Keowee. Spring, between late March to near the end of June, may serve as the best time to think about purchasing homes. Most experts recommend looking into homes as soon as spring starts since you have the chance to check out multiple homes and meet with real estate agents. By doing this early, potential real estate buyers will have a better shot at securing an outstanding deal. Additionally, prospective buyers can view listings and get ahead of the market.
3. With less competition, you may find the right agent
Once the summer season is over, real estate agents usually are usually less busy come fall. As mentioned, spring and summer are the most active seasons for the entire real estate market on Lake Keowee. After the busy season (spring and summer) wraps up, real estate agents who didn’t secure deals tend to work harder at finding potential buyers and selling property in the fall season. Real estate buyers with huge families usually decline during the fall, and agents take advantage of this by deliberately seeking buyers. Real estate experts believe that the fall season is the best to look into securing deals with vacation homes on Lake Keowee.
With fewer buyers in the market in the fall, realtors will free up their schedule to connect and help interested buyers. During this season, Lake Keowee realtors will actively meet potential buyers at open house events and assist them with knowing how the market works. One of the beauties of working with an agent directly is that you will learn more about how to secure the right deal and understanding which offer is best for your needs. It is best to hire and speak with agents because they will help you make the right choice by purchasing various properties.
4. Make sure you find real estate agents that will serve you best
Lake Keowee is a fantastic place with plenty of waterfronts that provides gorgeous views of the lake. It is important to mention when purchasing vacation homes on Lake Keowee based on personal preferences, make sure real estate experts help you find homes that can reach the lake. It is crucial to find a real estate expert who will guide you while providing useful insights during the home purchasing process. Before looking for vacation homes on Lake Keowee, you have to find an agent who will help fulfill your needs. You should let them know your intentions on how you would prefer to use the property and who else will use it well. TopGuns realty, The Lake Keowee Real Estate Experts, are always available to meet with you to understand what you view as your ideal home and help you to find it.
Real estate buyers suggest working with an agent and attorney to get a better idea of the home you plan on purchasing as well as the community and surrounding areas. Although working with a real estate attorney may not be necessary, collaborating with one and an agent could help tremendously with finding the right fit. Potential real estate buyers will find better options and secure deals when working directly with skillful real estate agents within the market. The best agents will help save you time and energy by searching for homes and setting up appointments.
5. Observe the neighborhood and speak with property owners
Along with finding the best real estate agent that will fulfill your needs, most experts will also suggest speaking with property owners before purchasing a home. Potential neighbors on Lake Keowee can help you gain insights about the area and even the property itself. They know more about the community than you and real estate agents, so they will be able to pass down useful information that will benefit you. Additionally, the community can also share both the good and bad about living on Lake Keowee. It is always a wise decision to speak with people within a town you are interested in moving in because it will help gain a better understanding. All of the information you obtain from a community will benefit you in the long run.
6. If possible, check-in with verify homeowners association
Verify the homeowners association includes a board of directors whose primary goals are keeping up with an area, managing and operating financial affairs, and creating requirements, among others. Homeowners associations are in charge of developing marketing campaigns, managing business deals, and often selling properties. Most of the time, waterfront properties are linked to a homeowners association. Before committing to purchasing property connected to a homeowners association, you should know what the expectations are. Usually, with these associations, some requirements come with buying properties within a particular region or area.
Buyers should be aware of these requirements because they may not fit well with them. Speaking with a verified homeowners association will help buyers tremendously. Effective communication between the potential buyer and a new community is vital when creating a sustainable community. Buyers don’t ever want to regret their purchasing decisions and live somewhere where they upset with the HOA fees or limitations.
7. Observing Lake Keowee properties throughout the year
Keeping an eye on Lake Keowee properties throughout the year will help buyers gain insights on how these properties adapt during each season. Again, fall remains as the best season to view homes and speak with agents, especially homes that caught your attention during warmer temperatures. If you can, experts believe that checking out and seeing how any potential property can handle the seasons is a grand idea. During the winter, it wouldn’t hurt to see how prospective properties handle and adapt to the cooler temperatures. Additionally, walking in the communities and observing the level of privacy throughout the year will only be beneficial to a buyer and his or her family.
Another reason why it is essential to observe Lake Keowee properties throughout the year is because of the lake water evaporating during the summer. Water levels vary during each season, especially in the fall when the lake experiences deficient levels. To get an idea of how the property and lake will look like at the lowest water level, visit the lake in the fall. There are a ton of four-season feature homes available on Lake Keowee, and observing the property throughout the year is vital. Waterfront properties are ideal and beautiful in the summer and even spring. If it is a four-season property, it is essential to know how it adapts to different temperatures.
Knowing the durability of any property that you are interested in is critical. Keep in mind that the company that builds homes you are interested in may or may not have done enough research before making the property. In most cases, homes and lots are developed by individuals or companies who are building a residence in which to live. It is not guaranteed that the home builders followed the requirements from home associations. Potential buyers should be aware of the HOAs requirements and building codes. Before purchasing a new property, find out how it deals with powerful winds from the lakeshore during hurricane seasons as well as natural disasters.
Observing properties throughout the year is beneficial, and considering hiring home inspectors is worth it as well. Home inspectors will help you thoroughly examine any home and provide you with possible issues before purchasing. Since there are a ton of waterfronts in Lake Keowee, there may be a possibility of deterioration of the property due to its moist climate. Home inspectors will assist you with understanding whether the foundation of the home is sturdy or if there is a risk of settling. It is recommended to look into homes in the spring and summer, but purchase them in the fall and winter.
8. Make sure to know if there are maintenance costs and available amenities
With waterfront properties and a unique climate, there is a chance you may have to pay for maintenance. It is always important to ask about annual maintenance fees. Costs can include roof repairs, possible attachments, and pipes as well. Things like this will need more time for maintenance compared to regular homes that aren’t located on a lake. One thing to keep mind is the price of repairing a home, as if you keep it in good shape, it will always be ready if you want to sell it down the road.
Something else that is equally important is knowing the available amenities of the property. Knowing this valuable information will help you understand any perks on the property. For example, since you’ll be near the lake, you should see if the lake allows swimming or fishing. Additionally, ask questions about if there are mosquitoes or other stinging insects due to the moist climate.
Lake Keowee is a beautiful human-made reservoir located in the upstate region of South Carolina. Lake Keowee provides its community with stunning scenic views and tons of activities surrounding the lake. With its clean-water and pleasant climate near the Blue Ridge Mountains, potential residents will not be disappointed with considering buying property on Lake Keowee. Throughout each season, there are plenty of things to do, including activities such as golfing, skiing, and boating, to name a few. Additionally, the site offers lake tours as well as sporting, shopping centers, and horseback riding. Whether in the fall or summer, real estate experts are always ready to help buyers with finding the perfect property on Lake Keowee.
If you are interested in buying a home on Lake Keowee or Lake Jocassee contact the Lake Keowee Real Estate Experts.