This website is dedicated to Lake Norman Waterfront Homes For Sale. If you are looking for Lakefront Properties For Sale on Lake Norman, you have come to the right place. We are Experts in Lake Norman Lakefront Homes and are here to help. On this site, you will find every home currently for sale on Lake Norman.
Lake Norman Ranked Biggest Lake-Front Housing Market
A recent article by Charlotte Stories has Lake Norman ranked as the biggest Lake Front Housing Market in the South East. Read the full story below.
The Lake Norman real estate market is now valued at over $840 million, making it the #1 biggest lake-front market in the South East.
The Fall 2016 Lake Market Report was conducted by the Alabama-based Lake Homes Realty Company. They collected data from 46 MLSs spanning 9 South Eastern states stretching from Texas to Virginia.
Out of all the lakes in the nine states, Lake Norman was found to have the biggest overall market, with Austin Texas’ Lake Travis coming in second at $787 million, and Atlanta’s Lake Lanier coming in third at $567 million.
One of the biggest reason the Lake Norman real estate market is so large is that it attracts a substantially high number of out-of-state and international buyers looking for a vacation homes, due to it’s temperate climate, distance to an international airport, and distance to the mountains and beaches.
The Lake Homes Report also indicated that a whopping 42% of all of North Carolina’s lakefront real estate is found on Lake Norman. Metro Charlotte’s other lake, Lake Wylie,, by comparison, only comprised about 6.7% of North Carolina’s lakefront real estate.
Considerations When Buying Lake Norman Lakefront Property
Lakefront homes fit a particular lifestyle choice that is incredibly exciting for many people. However, when you are pursuing a property you really want it is more important than ever to think rationally. You can have a lakefront lifestyle, but you need to be aware of all the considerations that go into purchasing a lakefront property. Buying a lakefront home is very different on a number of levels compared to your traditional purchase. It is important to understand these differences before making the leap into lakefront living.
All things being equal homes located on a lake are typically more valuable than homes that aren’t. While your initial expense will be greater, the potential for greater appreciation is common with a lakefront home. When the real estate market drops lakefront property also tend to keep more of their value. What you should know however when buying a lakefront property is far more involved than your typical home. What you need to think about when buying a lake house is fairly involved.
When living on a lake you one of things you will want to take into consideration is the orientation to the sun and how it sets. Does the home get morning or afternoon sun? If you are getting afternoon sun does the deck have any sun protection? How do the winds coming off the lake effect both your enjoyment of the property and the heating costs?
Lakes can vary considerably, meaning one lake might be perfect for you while another is completely undesirable. You do not want to discover that the lake you bought a home on is nothing like what you want. Find out as much information as you can about the lake. Here are some excellent questions to ask when considering buying a lakefront home.
How busy is the lake during each season?
What recreational opportunities are available on the lake? Kayaking, boating, fishing, swimming, scuba diving, snorkeling, water skiing, waterfowl hunting? Some lakes are better suited than others for specific types of activities.
Does the lake maintain it’s water level or go up and down with the seasons?
Does the lake flood?
Are you required to carry flood insurance?
If you boat, how easy is it to get your boat in and out of the lake? Are you allowed to have a dock right off of your house, or is it OK to travel around the lake for an access point?
Are there any specific things that are not allowed on the lake?
Are you on a drought resistant cove?
Can your cove be dredged?
Are there any low lying bridges?
How big can your pier/dock area be? Can it have a covered area?
Whether buying or selling a lake front home you want to work with a Realtor that understands the complexities of selling a home on a lake. Avoid picking a real estate agent randomly when you want to buy a lakefront home. Interview agents to find out how well they do at finding lakefront homes that satisfy their clients.
You want a person on your side that can find you a good home within your budget – a home you can enjoy for decades. Lakefront homes are naturally more challenging to find at a good price due to higher demand. With the right agent, the search becomes easier and you are more likely to get a good deal on a house. This is more than worth the commission an agent will charge for his or her help.
Summer is here, and millions of Americans are looking for ways to escape with loved ones without traveling too far or spending too much. The U.S. recreational boating industry’s trade association, the National Marine Manufacturers Association (NMMA), today announced the top ten boating states based on annual sales. In conjunction, Discover Boating, the industry’s non-profit awareness program, has identified affordable, must-visit boating destinations within each state.
From sea to shining sea, Americans love boating. With oceans, lakes, rivers and bays, boating is a popular recreational activity in nearly every state in the U.S. The top 10 boating states in the U.S. provide boaters with beautiful waterways, ample marina services and exciting cruising destinations.
“Considering 90 percent of Americans live within a one hour drive of a body of water, boating is an ideal way to spend quality time outdoors with family and friends,” says Carl Blackwell, vice president of NMMA and Discover Boating. “To coincide with NMMA’s announcement of the top boating states, we’ve identified must-visit nautical hot spots within each state, illustrating just how easy it can be to get on the water close to home without having to break the bank.”
4. North Carolina ($395 million) Hot Spot: Lake Norman – Just north of Charlotte, Lake Norman is the largest man-made lake in the Carolina’s at 34 miles long, boasting 520 miles of shoreline. This popular boating destination provides year-around water access with boating activities of all types for novices and experienced captains, plus chartered cruises for those just looking to take in the scenery. View ALL Lake Norman Homes for Sale.