Lake Norman is one of the premier destinations to live in the Southeast if not the entire U.S. Just North of Charlotte, NC, Lake Norman offers a lifestyle like no other. With professional sports, an International airport and a huge playground of water, homebuyers and sellers deserve the best Realtors they can find.
The real question about living near the lake is "what is actually good waterfront or good waterview". You see there is a dilemma when defining 'good' Lake Norman waterfront or waterview.
First, lets analyse waterfront property. Lake Norman waterfront property is just that; property that exists on the water. However, not all waterfront is created equal. Some of the reasons are obvious and often times the price will tell us whether the home has a beautiful unabated view of the lake or exists in the back of cove.
For example, I found a gorgeous home on the water having a cost over 3 millions dollars with a deeded boat slip. What this means is that the home can not have it's own dock because it does not meet one or more of the restrictions set forth by Duke Energy. Also some waterfront homes are in the back of coves with questionable water depth. In winter the depth of Lake Norman drops from 5-6 feet up to 10-12 feet. We end up calling some of these homes mud-fronts! So you can see waterfront property on Lake Norman is not all created equal and you need be careful when looking at listings online. If there are numerous pictures of the water then you can bet it really is good or adequate. If conspicuously there are few pictures of the lake then it is not the main selling point.
Second, waterview homes are even more difficult to ascertain. I was showing waterview property (as defined by the listing agent) one time and it was waterview as long as you walked to the end of the driveway and looked to your left. Also many listing agents will list a home as waterview AND waterfront which can skew the number of waterview homes coming up in search results. Then we have what we call seasonal waterview. This means when the leaves fall off the trees, you can actually see the water. Agents will not always list it this way but your buyers agent can help you determine if this is the case.
Lastly. Pay attention to the home if it has a deeded boat slip. You may really want that view, however without lake access, it is not worth nearly as much. You would be better off buying a home in boating community which offers a deeded boat slip with the home. You can still easily enjoy the lake and the value the boat slip ads will pay off when you sell.
All in all this can be frustrating. Your Realtor (buyers agent) should actually view pictures of the homes or better yet, preview the homes for you so you don't have to walk to the end of the driveway to see the water. Lesson learned on my part! Bottom line is make sure you have a full understanding of this dilemma before you jump in the car to see homes!
Roby Robertson is the broker owner of Real Living In Style with offices surrounding Lake Norman. With years of experience with luxury home buying and selling, he is well equipped in helping those looking for Lake Norman property.
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