What type of lake or water front best suits your lifestyle?
Every buyer approaches the search process differently. I’ve worked with some people, for example, who were very particular about the features they wanted in their new lake home; they were less concerned about where it was located.
I’ve also worked with buyers who prefer to start by choosing a lake—or at least by narrowing down their search to a very short list of lakes. Only then do they begin looking for the place that’s right for them. Choosing the right lake is their #1 priority; for them, this step comes first.
That’s a very good idea; every lake has its own distinct character. Do you want a home on a large recreational lake or a small quiet lake? Would riverfront property work best for you?
Large lakes, often the most desirable because they offer a greater variety of recreational activities, typically have homes and cabins with the highest price tags.
If you are willing to settle for a smaller lake, the same home may come with a smaller price tag. Chances are the lake is going to be quieter. Lakes below a certain size (about 200 acres) just aren’t very interesting for jet skis and water skiers; they tend to see more pontoons, fishing boats, or canoes.
You’ll have fewer neighbors and you’ll probably get to know them better. Depending on the lake, fishing pressure may be lighter.
Would riverfront property work for you? The same cabin or home will sell for less on a river than it would if it were on a lake. People tend to prefer lakes; maybe it’s because you can usually get out and do more on them than you could on a river.
Most rivers, especially smaller ones, just won’t offer the same boating or recreational opportunities as a lake would. In some cases, you may be able to travel upstream or downstream in a boat – or at least in a canoe or kayak. You may even have what’s essentially your own private fishing hole.
With some riverfront properties, the river may be too small or the current too swift. You’ll mainly just be able to sit and enjoy the river view. Still, if your waterfront is a small creek that you can see from your livingroom window, there’s something special about being near the water. It can also attract a lot of wildlife that you’ll be able to watch.
As you are thinking about your ideal lake home or cabin, you’ll want to consider the type of water that works best for your lifesyle and budget. Check out the NW WI Lakes and Rivers tab above to learn more about the area lakes.