Is the kitchen updated and functional when buying a house

Lake Properties

Whether the kitchen is updated and functional when buying a house depends on the specific property. Here's how you can assess it:

1. Updated Kitchen

An "updated" kitchen typically means:

Modern appliances: New or recent models of refrigerators, stoves, microwaves, etc.

Contemporary finishes: Cabinets, countertops (like quartz or granite), and flooring align with current design trends.

Efficient layout: The kitchen has a user-friendly layout, often following the "work triangle" principle (between the sink, stove, and fridge).

Upgraded utilities: Modern plumbing, wiring, and possibly smart features like touchless faucets or app-controlled appliances.

If you're unsure whether the kitchen is updated, check the seller's disclosure, ask for renovation details, or bring a contractor during a home tour.

2. Functional Kitchen

A "functional" kitchen should:

Have working appliances, plumbing, and electrical systems.

Offer enough storage and counter space for everyday tasks.

Be free from structural or operational issues (e.g., leaking faucets, broken cabinets, or faulty outlets).

What to Check When Touring the Home

Appliance Age & Condition: Look for wear and tear or outdated models.

Cabinets & Countertops: Check for damages or signs of heavy use.

Plumbing & Electricity: Ensure water runs and outlets work.

Size & Layout: Confirm it fits your cooking and lifestyle needs.

If the kitchen isn't updated but is functional, you might need to factor in renovation costs when deciding whether to buy.

Do I plan to rent out any portion of the house?

Lake Properties 

Renting out a part of your house can be a great way to earn extra income, but it requires careful planning. Here's an overview to help you get started:

1. Benefits of Renting Out a Part of Your House

Extra Income: Helps with mortgage payments, savings, or other expenses.

Property Value: Maintaining the property with rental income can increase its resale value.

Companionship: For some, having tenants around reduces loneliness.

2. Legal Considerations

Zoning Laws: Verify local zoning rules and regulations for renting out portions of a house.

Permits: Some areas require permits for renting or converting spaces.

Lease Agreements: Have a clear, written lease covering terms, rent, utilities, and house rules.

Taxes: Rental income is taxable; consult a tax professional for guidance.

3. Preparing Your Space

Separate Living Area: Ideally, offer a separate entrance, bathroom, and kitchen/kitchenette for tenants.

Safety Standards: Ensure the space complies with fire safety codes and other regulations.

Furnishing: Decide if you'll rent the space furnished or unfurnished.

4. Finding Tenants

Advertise: Use platforms like Craigslist, Zillow, or local community boards.

Screening: Conduct background and credit checks to ensure reliable tenants.

References: Contact previous landlords for references.

5. Managing the Rental

House Rules: Clearly define rules (e.g., noise levels, guest policies, shared areas).

Utilities and Maintenance: Decide if utilities are included in the rent and plan for regular maintenance.

Landlord Responsibilities: Be responsive to tenant needs and comply with local landlord-tenant laws.

Renting out part of your house can be rewarding if approached thoughtfully. If you'd like detailed advice on any specific aspect, let me know!

Do I plan on working from home when you consider buying a house

Lake Properties

If you plan to work from home in the long term, it’s a good idea to consider that when choosing a house. Here are a few factors to think about:

1. Dedicated Workspace: Ensure the house has a suitable space for a home office—preferably a quiet, well-lit room with enough space for your work setup.

2. Connectivity: Check for reliable internet service in the area, as this is essential for remote work.

3. Commute Flexibility: If hybrid work might be an option in the future, consider how far the house is from your workplace.

4. Lifestyle Needs: Homes with good amenities, proximity to parks or cafes, and a comfortable environment can enhance your work-from-home experience.

5. Size and Layout: If you’re sharing the home with others, look for a layout that offers privacy during working hours.

Would you like more advice on balancing these factors while house hunting?

How long do I plan to stay in this house?

Lake Properties

When buying a house, it's important to consider how long you plan to stay because it affects the financial and practical benefits of homeownership. Here are some key factors to think about:

1. Financial Break-Even Point

It typically takes 3–7 years to recoup the costs of buying a home (e.g., closing costs, property taxes, and maintenance) compared to renting.

If you don’t plan to stay at least this long, buying might not make financial sense.

2. Career and Lifestyle Stability

Are your job and income stable enough to support homeownership?

Will your job or lifestyle require relocating within a few years?

3. Family and Life Plans

Are you planning to start or grow a family? Consider future space needs.

If you're single, would buying this home still suit you if your life situation changes?

4. Real Estate Market Trends

In a slow or declining market, you might need to stay longer to build equity and avoid losses when selling.

In a strong market, you might gain equity faster, allowing you to sell sooner if needed.

5. Maintenance and Renovation

Will you have the time and resources to maintain the property, especially if it’s an older home?

Think about how much effort you’re willing to invest in upgrades over time.

6. Emotional Connection to the Area

Are you happy with the neighborhood, schools, amenities, and commute?

Do you see yourself enjoying the area for at least a few years?

General Rule of Thumb

If you plan to stay for at least 5–7 years, buying often makes sense. However, shorter timelines may favor renting or other investments, depending on the market and personal circumstances.

Do I want an open floor plan when buying a house

Lake Properties

Whether an open floor plan is right for you depends on your lifestyle, preferences, and needs. Here are some factors to consider:

Advantages of an Open Floor Plan

1. Spacious Feel: Open layouts make a home feel larger and brighter by allowing natural light to flow through.

2. Social Connectivity: Great for entertaining or staying connected with family while cooking or working in another area.

3. Flexibility: Open spaces can be adapted to your needs with furniture and layout changes.

4. Modern Appeal: Open floor plans are trendy and can increase resale value in some markets.

Disadvantages of an Open Floor Plan

1. Noise: Sound carries easily, which can be challenging if you need quiet for work or relaxation.

2. Lack of Privacy: There are fewer barriers for creating personal spaces or hiding clutter.

3. Energy Efficiency: It can be harder to heat or cool large, open spaces compared to separate rooms.

4. Design Limitations: Decorating can be tricky as you'll need to maintain a cohesive style throughout.

Consider Your Lifestyle

Do you entertain often? An open floor plan is great for hosting.

Do you have children or pets? Open spaces are useful for keeping an eye on them but may lack boundaries.

Do you need quiet areas? If you work from home or value privacy, a more segmented layout may work better.

If you're unsure, look at homes with different layouts and imagine your daily routine in each. You might find a hybrid layout—partially open with defined spaces—offers the best of both worlds.

How many bedrooms and bathrooms do I need when considering buying a house?

Lake Properties

If you're unsure, think about how your current space is used and where you often feel cramped. Planning ahead for future needs is also key.

The number of bedrooms and bathrooms you need depends on several factors, including your household size, lifestyle, future plans, and budget. Here's a guide to help you decide:

1. Household Size

Single person: 1-2 bedrooms and 1 bathroom might be sufficient. The extra room can be used as a guest room or office.

Couple: 2-3 bedrooms and at least 2 bathrooms provide flexibility for a growing family or guests.

Families with children: Generally, aim for at least one bedroom per child and at least 2 bathrooms.

Multi-generational families: Consider a larger home with separate living spaces or additional bathrooms for privacy.

2. Lifestyle

Frequent guests: Extra bedrooms and bathrooms ensure comfort for visitors.

Work-from-home: A dedicated home office (separate room) might be a priority.

Hobbies: Additional rooms for a gym, craft room, or music space may be necessary.

3. Future Plans

Growing family: Plan for future kids or relatives staying over.

Resale value: Homes with 3+ bedrooms and 2+ bathrooms generally have broader appeal.

Aging in place: Consider single-story homes or homes with accessible bathrooms if long-term living is the goal.

4. Budget

Larger homes with more bedrooms and bathrooms usually cost more upfront and have higher maintenance costs. Align your needs with what you can afford.

General Recommendations:

2-3 people: 2-3 bedrooms, 2 bathrooms

4-5 people: 3-4 bedrooms, 2-3 bathrooms

6+ people: 4+ bedrooms, 3+ bathrooms

If you're unsure, think about how your current space is used and where you often feel cramped. Planning ahead for future needs is also key.

Do I want a single-family home, condo, or townhouse?

Lake Properties

Deciding between a single-family home, condo, or townhouse depends on your lifestyle, budget, and long-term goals. Here’s a breakdown to help you decide:

Single-Family Home

Pros:

Privacy: No shared walls with neighbors.

Space: Typically offers more yard space and square footage.

Freedom: Fewer restrictions on modifications or use.

Investment: May appreciate more over time compared to condos or townhouses.

Cons:

Maintenance: You're responsible for all repairs, landscaping, and upkeep.

Cost: Often more expensive upfront and in ongoing expenses like utilities and property taxes.

Ideal for: People who value privacy, want more space, and are prepared for maintenance responsibilities.

---

Condo

Pros:

Low Maintenance: Exterior maintenance and landscaping are typically handled by a homeowners' association (HOA).

Amenities: Access to shared facilities like pools, gyms, or security.

Affordability: Usually cheaper than single-family homes in the same area.

Cons:

HOA Fees: Monthly fees can add up, and rules can limit your freedom.

Shared Walls: Less privacy compared to a single-family home.

Resale Value: May appreciate more slowly than other property types.

Ideal for: First-time buyers, those who want minimal maintenance, or people who value amenities.

---

Townhouse

Pros:

Middle Ground: Combines elements of single-family homes and condos.

Space: More private than condos, with potential for a small yard or patio.

Cost: Generally more affordable than single-family homes, with fewer shared costs than condos.

Cons:

HOA Fees: Often required, though usually less than condos.

Shared Walls: May still feel less private than a detached home.

Limited Customization: Some HOAs restrict renovations or exterior changes.

deal for: People seeking a balance between space, affordability, and low maintenance.

Key Questions to Ask Yourself:

1. How much privacy do I want?

2. Am I willing to handle maintenance myself?

3. What’s my budget, including HOA fees?

4. Do I value community amenities?

5. How long do I plan to live there?

Your decision will depend on your personal priorities. What’s most important to you in a home?

Are there zoning restrictions that could affect future plans when I buy a property

Lake Properties

Yes, zoning restrictions are an essential consideration when purchasing a property. Zoning laws, established by local governments, regulate how land can be used and what activities can take place on it. They may significantly impact your ability to use or modify the property according to your future plans. Here are some key zoning restrictions to be aware of:

1. Permitted Uses

Residential, Commercial, or Industrial Zoning: Each zone specifies the type of structures or activities allowed. For instance, you cannot open a business in a residential zone without special permissions.

Mixed-Use Zoning: Some areas allow a combination of residential and commercial uses, which may provide flexibility.

2. Building Codes and Standards

Maximum building height, lot coverage, and setbacks (distance from property lines) can limit construction or renovations.

Building designs and materials may also be regulated in historic districts or special zones.

3. Subdivision Regulations

If you plan to divide the property into smaller lots, zoning laws may regulate minimum lot sizes and the process for subdivision.

4. Special Permits and Variances

Some uses may require special permits (e.g., running a home business or building an accessory dwelling unit).

If your plans don't comply with current zoning, you may need to apply for a variance, which isn’t guaranteed.

5. Environmental Restrictions

Some zones include protections for wetlands, floodplains, or wildlife habitats, which could restrict development.

You may also encounter stormwater management or tree preservation requirements.

6. Future Rezoning or Planning Changes

Municipal plans may outline future rezoning initiatives that could alter the area's character or allowable uses.

Local authorities sometimes change zoning to promote growth, preservation, or specific community goals.

7. Neighborhood Covenants

In addition to zoning laws, private restrictions (like HOA covenants) may impose additional limitations.

Before purchasing a property, it’s wise to:

1. Review Local Zoning Ordinances: Obtain these from the local planning or zoning department.

2. Check Existing Permits: Ensure the property's current use complies with zoning regulations.

3. Consult with Professionals: Engage a real estate attorney, planner, or surveyor for advice.

4. Consider a Zoning Contingency Clause: Include a provision in your purchase agreement allowing you to back out if zoning doesn’t align with your plans.

By understanding these restrictions, you can avoid surprises and ensure your property aligns with your goals.

Are there any nearby developments that could affect property value

Lake Properties

To assess if there are any developments nearby that could affect property values, consider checking for the following:

1. Planned Infrastructure Projects: New highways, public transportation systems, or utilities can increase accessibility and desirability, potentially raising property values.

2. Commercial Developments: Shopping centers, entertainment venues, or office spaces nearby can attract more people to the area and raise demand for housing.

3. Residential Projects: Large housing developments can increase housing supply, potentially stabilizing or lowering property values if demand doesn't match.

4. Zoning Changes: Changes in zoning laws (e.g., converting areas to mixed-use or commercial zones) may impact nearby property appeal.

5. Public Amenities: Construction of schools, parks, hospitals, or other public facilities can enhance the area's attractiveness.

6. Negative Developments: Industrial projects, waste management sites, or facilities causing noise or pollution might lower property values.

Would you like me to look up any specific area or type of development for you?

Do I have an emergency fund in place before buying a house

Lake Properties

Yes, having an emergency fund is essential before buying a house. Homeownership comes with unexpected costs, like repairs or maintenance, and an emergency fund can prevent financial stress when these arise.

Here’s why an emergency fund is important when buying a home:

1. Unexpected Repairs and Maintenance: Homeownership brings unpredictable expenses—broken appliances, roof leaks, plumbing issues. An emergency fund helps cover these without dipping into your monthly budget.

2. Stabilizes Your Finances: Even beyond housing costs, an emergency fund helps if you lose your job or face other financial challenges. You’ll have a cushion without risking late mortgage payments or financial instability.

3. Avoids High-Interest Debt: Without an emergency fund, you may need to rely on credit cards or loans to cover emergencies, which can lead to more debt.

How much to save? Generally, three to six months’ worth of living expenses is ideal, but with a home, you might want to aim for the higher end to cover potential property expenses.

Overall, an emergency fund will provide peace of mind, stability, and financial security as you embark on homeownership.

What’s the proximity to essential services (grocery stores, hospitals when buying a house

Lake Properties

When buying a home, the proximity to essential services can significantly impact daily convenience, home value, and even long-term quality of life. Here are some things to look for regarding essential services:

1. Grocery Stores

Optimal Distance: Ideally, a grocery store should be within a 5- to 10-minute drive or a short walk, which is around 1-3 miles for most areas. This distance offers quick access to fresh food and necessities without adding too much commute time.

Types of Stores: Check for a mix of grocery options—supermarkets, specialty stores, and even farmer’s markets for diverse shopping needs.

2. Hospitals and Healthcare Facilities

Optimal Distance: Being within a 10- to 15-minute drive to a hospital or urgent care center (5-10 miles) is generally preferred for emergencies. For those with specific health needs, closer proximity to specialized care (like children’s hospitals or oncology centers) is beneficial.

Other Healthcare: Nearby clinics, pharmacies, and dental offices can also be convenient for routine healthcare and prescriptions.

3. Public Transportation and Connectivity

Proximity: Living close to bus stops, subway stations, or major roads can make commuting easier and may add value to the property.

Other Transit Services: Ride-sharing availability and bike paths can also be valuable if you prefer alternative transportation options.

4. Schools and Daycare Centers

For Families: If you have or plan to have children, nearby reputable schools and daycare centers are essential, as they impact both convenience and the property’s appeal to future buyers.

5. Other Essentials

Banks, Gyms, and Dining: Having these within a short drive or walk can save time and offer lifestyle conveniences.

Green Spaces: Parks and recreational facilities are ideal for outdoor activities and add to neighborhood appeal.

Evaluating Proximity for Real Estate

Many real estate websites like Zillow, Redfin, and Realtor.com offer neighborhood maps and nearby service information. Additionally, apps like Walk Score can provide a "walkability" rating, showing how easy it is to access services on foot.

What is the interest rate and how does it affect me

Lake Properties

The interest rate on a payment-over-time plan, like a loan or financing, is the percentage of the amount borrowed that you pay to the lender as a fee for borrowing the money. It’s typically applied to each payment period, so it accumulates over time based on how much you still owe.

Here's how it impacts you:

1. Higher Total Cost: The higher the interest rate, the more you'll pay overall. Even if the monthly payments seem manageable, high-interest rates can mean paying significantly more by the end of the loan.

2. Monthly Payment Amounts: Interest rates also affect your monthly payments. For example, a higher interest rate will increase your monthly payment if you want to repay the loan within the same timeframe.

3. Impact on Principal Reduction: Early in a loan, most of your payment goes toward interest, so the principal (the amount you actually borrowed) decreases slowly. This means it takes longer to reduce the amount you owe, and you're paying for longer on a larger balance.

4. Fixed vs. Variable Rates: Some loans have fixed rates, meaning the interest rate stays the same, while others have variable rates that fluctuate. A variable rate loan can lead to lower payments at first, but the rate can increase, making payments higher later on.

Would you like to know more about calculating payments or comparing different rates?

What factors should I consider when pricing my home for sale

When pricing your home for sale, several critical factors come into play that will help you set a competitive and attractive listing price. Here are some key aspects to consider:

1. Market Value - Research comparable properties (known as "comps") recently sold in your area. This helps to estimate what buyers are willing to pay in your neighborhood.

2. Local Market Conditions - Understand if it's a buyer’s market (more homes for sale than buyers, leading to lower prices) or a seller’s market (more buyers than homes, allowing for higher prices). This will directly impact your pricing strategy.

3. Location - Properties in prime locations, like those close to good schools, transportation, and shopping areas, tend to have higher demand and, therefore, higher pricing.

4. Home Condition and Upgrades - Homes that are well-maintained, with modern updates (such as a new kitchen or updated bathrooms), often justify a higher asking price compared to homes needing significant repairs or updates.

5. Appraisal Value - Consider a professional appraisal, which provides an objective view of your home’s worth based on various factors including condition, square footage, and comparable sales.

6. Online Price Trends - Look at online real estate platforms to monitor trends in home prices in your area. Many buyers search online first, so pricing competitively with what’s on the market can make your listing more attractive.

7. Seasonal Demand - Real estate often sees higher activity in spring and summer. If you’re listing during a high-demand season, you may be able to price higher.

8. Pricing Psychology - Setting a price just below round numbers (e.g., $399,000 instead of $400,000) can appeal to buyers psychologically and may make your property more attractive in online searches that often filter by price ranges.

9. Time on Market (DOM) - If your local area has a high DOM for properties, this may indicate slower sales, suggesting the need for a competitive price to attract buyers quickly.

10. Economic Factors - Interest rates, employment rates, and inflation all impact buyer behavior and, therefore, home pricing. Lower interest rates, for example, can make higher prices more affordable for buyers.

Considering these factors when setting your home’s price will help attract the right buyers and increase the chances of a successful sale.

How do I find good tenants for my rental property

Lake Properties

Finding good tenants for a rental property involves several key steps to ensure you attract responsible, trustworthy people. Here are some tips to help you find and select quality tenants:

1. Set Clear Rental Criteria

Define your ideal tenant profile, including income level (e.g., 3x the rent), credit score minimums, employment stability, and rental history.

Be specific about your criteria, and make sure they’re legally compliant with Fair Housing laws.

2. Market the Property Effectively

Use high-quality photos and a detailed, honest description in your listings. Highlight features that tenants care about, such as proximity to amenities, size of the property, and any upgrades.

List the property on popular rental websites like Zillow, Craigslist, Apartments.com, and social media groups for local housing.

3. Conduct Thorough Screening

Background Checks: Use services that verify credit, criminal background, and eviction history.

Income Verification: Request pay stubs, tax returns, or a letter from their employer to ensure they can afford the rent.

References: Contact previous landlords for feedback on how they took care of the property, their payment punctuality, and any issues they had.

4. Meet in Person (or Virtually)

When possible, meet prospective tenants in person. This helps gauge their demeanor and if they'll be a good fit for your property.

Virtual meetings can also work if you're remote, especially for longer-distance moves.

5. Use a Rental Application

Provide a standardized rental application to ensure you collect the same information from all prospective tenants.

Be consistent in your process with every applicant to stay fair and avoid potential legal issues.

6. Set Reasonable Rental Terms and Clear Expectations

Clearly communicate your expectations for lease length, rules about pets, maintenance responsibilities, and any other specifics in the lease agreement.

7. Trust Your Instincts

If a prospective tenant's application looks great on paper but something feels off, it’s okay to keep looking. A good tenant will be responsible and have clear communication.

Following these steps will help you attract qualified tenants, minimize vacancy periods, and protect your property.

Choosing a competent lawyer transfer my house

Lake Properties

Choosing the right lawyer for transferring property is essential for several reasons:

1. Ensuring Legal Compliance: Property transfers involve complex legal documents and procedures. A qualified lawyer ensures all aspects of the transaction comply with current laws and regulations, which reduces the risk of future legal issues.

2. Accurate Title Search: A good lawyer will conduct a thorough title search to confirm that the property has a clear title, meaning no undisclosed claims, liens, or encumbrances that could impact your ownership.

3. Proper Documentation: Lawyers help draft and review all legal documents, such as the deed, transfer papers, and other contracts, ensuring all terms are clear, legal, and favor your interests.

4. Handling Financial Matters: Property transfers often involve large sums of money. A reliable lawyer will oversee the financial transaction, ensure all taxes are paid, and handle escrow funds securely to prevent fraud or errors.

5. Avoiding Delays: Legal issues can cause significant delays in the transfer process. An experienced lawyer can help avoid or quickly resolve these issues to ensure a smooth and timely transaction.

6. Protecting Your Investment: A lawyer’s role is to protect you from potential risks and future claims, ensuring your investment is safe and you’re fully aware of what you're buying or selling.

Choosing a competent property lawyer can save time, prevent costly mistakes, and provide peace of mind in the property transfer process.

Buying or Renting a house

Lake Properties

Choosing between renting and buying a house is a big decision that depends on several factors, like your finances, lifestyle, and long-term goals. Here's a breakdown to help you weigh the pros and cons:

Pros and Cons of Buying a House

Pros:

1. Building Equity: Every mortgage payment helps build equity, giving you ownership in the property over time.

2. Potential Appreciation: Real estate can appreciate in value, meaning your home could be worth more over time.

3. Stability: Owning can provide long-term stability, especially if you plan to stay in the same place for many years.

4. Customization: You can modify your space as you wish without needing permission.

5. Tax Benefits: Homeowners often benefit from tax deductions on mortgage interest and property taxes.

Cons:

1. Upfront Costs: Buying requires a down payment and closing costs, which can be substantial.

2. Maintenance Responsibility: As an owner, you're responsible for repairs and upkeep, which can add up.

3. Less Flexibility: Selling a home takes time and money, so it’s harder to move quickly if your situation changes.

4. Market Risks: If the real estate market drops, your home’s value might decrease.

Pros and Cons of Renting a House

Pros:

1. Flexibility: Renting allows you to move easily, which is great if your job or lifestyle requires flexibility.

2. Lower Upfront Costs: Renting typically requires a security deposit and sometimes first and last month’s rent, which is less than a down payment on a house.

3. No Maintenance Costs: Major repairs are usually the landlord’s responsibility.

4. Limited Market Risk: You aren’t affected by real estate market fluctuations.

Cons:

1. No Equity: Rent payments don’t build ownership or equity.

2. Rent Increases: Landlords can raise rent, making your monthly expenses unpredictable.

3. Limited Control Over Space: You may not be able to make changes to your living space, or you may need permission for adjustments.

4. Potential for Displacement: The landlord might choose to sell the property or not renew the lease, which can disrupt your living situation.

Consider Your Situation

1. Financial Readiness: Do you have enough saved for a down payment, and are you comfortable with the additional costs of homeownership?

2. Time Horizon: If you plan to stay in one place for at least 5-7 years, buying might make more sense financially.

3. Market Conditions: In some markets, buying might be more affordable long-term, while in others, renting is more practical.

4. Lifestyle Flexibility: If you value the freedom to move or prefer a lower-maintenance living situation, renting may suit you better.

Decision Summary

Buying can be a good investment if you’re financially ready, looking for stability, and are comfortable with the responsibilities of homeownership.

Renting offers flexibility and lower upfront costs, making it a solid choice for those who may not be ready for a long-term commitment or the expenses of ownership.

Your decision will be clearer by weighing how these factors fit your financial situation and personal goals.

The 5 benefits of buying a house early when you're young

Lake Properties

Here are five key benefits of buying a house early in life:

1. Building Equity Early: By purchasing a home early, each mortgage payment gradually increases your equity, which is the portion of the home you truly own. Over time, this can grow into a valuable asset, especially if the property appreciates in value.

2. Long-Term Financial Stability: A fixed-rate mortgage can give you predictable monthly payments, unlike renting, where prices may increase. Owning a home can provide long-term stability and protect against inflation.

3. Wealth Creation and Investment: Real estate is often a good long-term investment. Early homeownership allows you to benefit from property appreciation over a longer period, potentially leading to significant gains if property values rise.

4. Tax Benefits: In many places, homeowners can claim tax deductions on mortgage interest and property taxes, which can lower your tax burden and increase your disposable income.

5. 

 Unlike renting, owning a home gives you the freedom to modify and personalize your living space. Early ownership also allows you to create a stable and customized environment suited to your preferences.

Buying a home early can be a strategic move, setting you up for financial growth, stability, and freedom down the line.

Desirable Large Corner Apartment With Stunning Views of Maynardville Park

Desirable Large Corner Apartment With Stunning Views of Maynardville Park 

Large batchelor Flat opposite Maynrardville Park

Large unit with open plan kitchen and bedroom
Separate bathroom and toilet
built-in-cupboards
Tiled floors
Fully secured ( burglar bars and gates)
Parking bay
Controlled  Access
Exclusive Security Complex
Stunning views of Maynardville Park
R900 000
Lake Properties
info@;lakeproperties.co.za
https://lake-propertiescape-town.business.site/m=true

 

The Bargain of the Century- 2 Houses for sale on 1 Plot for sale in Retreat

 MAIN HOUSE 4 X large bedrooms large tiled lounge open-plan kitchen 2nd fully fitted kitchen and scullery built-in cupboards family bathroom and toilet ( bath basin and toilet) main en-suite Tiled and laminated floors tiled floors aluminium windows tiled roof pave all around the property immaculate condition fully enclosed double garage 2ND HOUSE 4 X large bedrooms large tiled lounge open-plan kitchen 2nd fully fitted kitchen and scullery built-in cupboards family bathroom and toilet ( bath basin and toilet) main en-suite Tiled and laminated floors tiled floors aluminium windows tiled roof pave all around the property immaculate condition fully enclosed double garage 1st house has access to its own road 2nd house has access to its own road property can be subdivided into 2 separate erfs current income for 2nd house is R11000 per month estimated rental for main house is R15000 per month perfect rental income property for an investor R2650 000 Lake Properties call 0836247129