Posts in Waterfront Homes
Bunk room in the loft area of the garage
When it comes to creativity, you see it everywhere. And that extends to folks looking at new ways to house family and guests at their lakefront and get-a-way homes. One of the decorating and rehab ideas that always intrigues me, are the various bunk houses that I have come across in my real estate career.
Bunk houses allow the owners to accommodate more guests. Basically the owners take an unused space such as a boat house, large shed or garage to creat sleeping quarters. Just like being in college, the most efficient way is through the use of bunks. These bunk houses do not have to be boring at all, and sometimes they are the most interesting places of the property.
Wasted space turned in to usable and delightful space
Most folks think of the bunk houses as being utilized just for the kids, but take a look – many of these places allow the greatest in creature comforts for a person of any age. With the addition of half baths and sitting areas, they become the go to places. They do not have to be elaborate, but just another place for a bunk and maybe a futon as in the pictures below.
Below you will see one photo that shows the exterior of a simple building originally designed as a shed. The Keuka Lake owners turned the space into a place where the kids could camp out. They even i
Why is now a great time to buy your vacation home in the Finger Lakes ?
Interest rates are still at record lows for those not purchasing with cash. Many buyers also utilize home equity loans against their primary residence to leverage as cash for their purchases. Rates started to climb upwards this summer and then reverted back into record lows. How long will this trend last? The crystal ball is not saying. I am assuming it can not last forever. Because this is a buyers market, buyers have a huge advantage on price negotiations for their lake front property purchase. With the summer season winding down, sellers are more anxious than ever to turn the keys over. Many sellers pull their listings off the market during the slow winter months. Homes are harder to sell when everything has been winterized, the heat turned off and the decks pulled up onto the lawns. It just seems to lose so much curb appeal during this time period. So take advantage of the sellers situation when you can. There are many projects in the works that could cause an uptick in prices on the Finger Lakes. For example: 1. The City of Canandaigua and some major developers are working on a project that will attract International attention. The process has started already with the removal of old buildings and mobile homes. The ground has been cleared.
I like the theme of this Wall Street Journal article on the increased interest in Vacation Homes this year.
It makes sense for a lot of reasons, but the most important is a key to owning a Vacation Home anytime or anywhere. That is to enjoy a special place, create strong and wonderful memories for families and children. And to use a place of retreat as a way to renew, revitalize and recharge our facalties for however we spend our time back in our primary and world of work. We are especially blessed in that Vacation Homes in the Finger Lakes Region of New York State means world class natural beauty along with world class wine and wineries.
We still have a very good selection of waterfront homes in the Finger Lakes. Prices are remaining stable (not rapidly appreciating as earlier in the decade.) There also are lake view homes or homes with plenty of land to enjoy. If you want more information about the area, call. If you know more about what you might want to own in the Finger Lakes Region just let us know.
Real Estate in the Finger Lakes Region has proven to be
Even though the reduced cap on Jumbo loans does not take effect until October, many banks will begin the stop offering the higher amounts with concerns of gettiing the loans closed before the deadline.
Finger Lakes waterfront homes buyers may want to take this into account while relative rates for Jumbo's are so low but before the lower cap on loan amounts are imposed!
