It’s summertime, and the lake livin’ is easy. Lee’s Summit is fortunate to have multiple options for homeowners seeking the amenities of a lake community, whether you’re looking for a primary residence or a second home. Lakewood, Lake Lotawana, Lake Winnebago and Raintree Lake each have their own culture and vibe, and while you can find new construction in each area, there are also a number of properties available for renovation.
With the abundance and popularity of ‘fix and flip’ reality shows, it can be tempting to think finding and renovating a property is as easy as they make it look on television, but local realtor Renee Amey encourages prospective buyers to enter into the home buying search with eyes wide open and a helping hand, especially when considering a purchase of an existing home in a lake community, where comparing apples to apples isn’t always easy.
“Having a professional, experienced realtor is key when purchasing an older property. You want them to look out for you. People often think it’s simple - all you need to compare is the square footage and age of the home with similar properties, but all lake communities have a range of caliber of homes, and pricing is not just based on age and square footage. There can be a significant price discrepancy, even when two houses appear similar on paper,” she says.
With the right help, though, buyers can turn a lake home purchase into an investment opportunity. Two houses Amey recently assisted with renovating and selling in the Lakewood area doubled their investment by updating key areas such as the kitchen, master bath, and outdoor living spaces.
“In a lake community proximity to the lake is important, and these two homes had premium lake positioning. The homeowners also worked with professional contractors to update their properties, which is crucial. When buyers are looking for help identifying viable options, I encourage them to find a realtor who has both the experience with the lake community and the contractor/builder connections to help them successfully renovate the home once they own it.”
Amey also says ensuring the outside of the home is updated is as important as the key indoor elements, especially in a lake community. Outdoor kitchen and living areas are components that will add to the home’s value, and freshening up landscaping can breathe new life into the curb appeal. Pools have become increasingly popular as well.
Lakewood’s timeless appeal for homeowners is amplified by the fact that it is the only local lake community offering both golf and lake access. The master-developed community boasts a spectrum of amenities that includes multiple pools and clubhouses, wide body water and coves that add character to the lake. Additionally, with its proximity to Highway 470 and address options for both Lee’s Summit and Blue Springs schools, it’s a great commutable choice for young families.
If you’re ready to turn your lake living dreams into reality, Lakewood may just be the place for you to make a splash.
Homes and amenities pictured are in Lakewood.
216 NW Locust St, sold recently $1,300,00
720 NE Seabrook Circle, sold recently $2,300,000