How To Maximize The ROI On Your Lakefront Property

Looking to maximize the saleability and value of your lakefront property?

With well planned repairs and enhancing key selling factors, you can attract more potential buyers and secure a better price. Today, we walk through the essential steps for preparing your property for the market.

Pre-Sale Repairs

Before listing your property, addressing necessary repairs is important. These repairs not only increase your home’s appeal but also prevent buyer objections and ensure a smoother sale process.

Roof and Gutter Maintenance

  • Roof Inspection and Repair: The roof is one of the first things potential buyers notice. A well-maintained roof signals that the property has been cared for, while a damaged or leaking roof can be a major red flag. Hire a professional to inspect the roof for any signs of damage.
  • Gutter Cleaning and Repair: Clean gutters are a priority for preventing water damage. Clogged gutters can lead to water overflow, damaging the exterior walls, foundation, and even the interior of the house. Ensure that gutters are free of debris and that downspouts direct water away from the foundation.

Exterior Improvements

  • Foundation and Pathway Repairs: Cracks in the foundation, pathways, or driveways are red flags to buyers. These issues can highlight underlying structural problems. For patching and repairing such cracks, we highly recommend having a professional team come out to inspect and repair as this is not a weekend DIY.
  • Repainting or Cleaning Exterior Walls: A fresh coat of paint or a thorough cleaning can significantly enhance your home’s curb appeal. If repainting isn’t necessary, consider power washing the exterior to remove dirt, mildew, and stains.
  • Landscaping and Yard Maintenance: First impressions matter, and a well-maintained yard can make a big difference. Trim bushes, mow the lawn, and plant seasonal flowers to add color. Remove any dead plants and consider adding mulch to flower beds for a pristine look.

Dock and Deck Repairs

  • Structural Integrity: Check for loose boards, rusted nails, and other potential hazards. Replace or repair any damaged parts to ensure safety and functionality.
  • Surface Treatment: Repaint or reseal wooden surfaces to protect them from the elements and give them a fresh, appealing look.
  • Safety Features: Ensure that all safety features, such as railings and non-slip surfaces, are intact and in good condition.
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Value of Docks

When it comes to selling a lakefront property, one of the standout features that can significantly enhance its appeal and value is the dock. A well-maintained or new dock is more than just a place to park a boat, it represents the lifestyle that every lakefront property owner desires.

Appeal to Boaters and Water Enthusiasts

A sturdy, well-maintained dock is a major selling point for boat owners, offering easy, immediate access to the water for boating, fishing, and more. Highlighting recreational benefits can appeal to a wider range of buyers seeking lakefront enjoyment.

Aesthetic and Functional Enhancement

A dock extends the living space of the property out over the water, and gives potential buyers a look into evenings spent with an unbeatable picturesque view. By staging your dock with comfortable seating, plants, and even a dining setup, you show buyers how it serves as an extension of the home where they can relax and entertain.

Property Value Increase

On average, a dock that’s in good condition can increase the value of your property by $20,000.

Buyers recognize the value and convenience a dock adds, making them more likely to offer a higher price for a property that includes this feature. Additionally, having a well-maintained dock sets your property apart from others. It can be the deciding factor for buyers choosing between your home and another that lacks this feature.

Ready to showcase your lakefront property’s full potential?

At the end of the day, you’ll be able to increase your property’s value by strategically adding features that buyers want. A dock, deck, and other impressive features will catch their eye and entice them to offer more.

If you’d like a personalized consultation on maximizing your property’s value, contact our team. Our experts will guide you through the process of preparing your home for the market and help it attract the right buyers. Let’s highlight the value of your dock and make your property shine.