Uncategorized Archives | Smith Mountain Lake Real Estate | Vicki Millehan

Archive for Uncategorized

Relocating to Smith Mountain Lake: What You Should Know

Maybe you decided after years of vacationing, or maybe it only took one visit. Nevertheless, your heart has decided that moving to Smith Mountain Lake is high on your priority list. Now comes the task of relocating, but where do you start?

Below are three tips to help point you in the right direction:

Start Researching Realtors

While perusing online real estate sites is fun, it’s no replacement for working with a local, Smith Mountain Lake REALTOR®. An experienced real estate agent will know the lay of the land in a way that a virtual assistant simply cannot. Take the time to find an agent that specializes in the type of home that you’re interested in buying. Which leads us to:

Choose Your Preferred Property Type

Do you want a condo or a waterfront home? How much space do you need? Do you prefer maintenance-free living? Answering these questions will help you narrow your focus to listings that fit your desired lifestyle. Maybe when you vacationed at SML, you preferred to be in a more populated area. But now that you’re going to be here year-round, maybe you prefer something more secluded.

Make a List of “Must-Haves”

This will help both you and your agent narrow down your lists even further. Aside from the type of property you want, you may have other factors that are driving your decision to move. Maybe you want to be able to play golf at a moment’s notice, or maybe you want your own private boat dock. Perhaps you need a single-level home, or a large kitchen for entertaining. Whatever your “must-haves” may be, jot them down and discuss them with your agent.

SML Real Estate Market Report

The real estate market at Smith Mountain Lake finished up a second year of improving sales, although not quite as exciting as 2017.  Waterfront home sales declined slightly from the previous year and prices stayed flat.  But, we still have more buyers coming back into the market as compared to the ten years we were slowly climbing out of the recession.  Expect inventory to continue to stay high as sellers who have been waiting for improving conditions come into the market.  However, once a new listing, properly priced, comes on the market, buyers are waiting to snap them up.  So while it’s technically still a “buyers market”, be prepared to move quickly if a waterfront home that meets your needs is available.  The pace of sales for off water homes and condos/townhouses showed significant slowing from the 2017 hot streak, so that’s still a great opportunity for buyers.  Lagging behind still is the sale waterfront lots.  Although the number sold 2018 was even with 2017, the average sold price was down.  Now’s the time to buy a lot if you want to build!  Love to see you at the lake in 2019.

How to Keep Your Kitchen Energy Efficient

Aside from lowering your utility bills, having an energy-efficient home is a great way to add value. Prospective buyers may be more attracted to homes that need little to no upgrading. A great place to start is with your kitchen. It’s one of the busiest rooms in your home, and arguably the one that utilizes the most electricity.

Below is a list of areas to focus on to ensure that you have an energy efficient kitchen.

Refrigeration

The U.S Energy Information Administration states that refrigerators are responsible for 7 percent of your home’s energy use. It’s also one of the biggest offenders for wasted energy. Having an Energy-Star certified refrigerator is a great way to make sure that your appliance isn’t wasting energy (the Energy Star website states that a refrigerator that’s more than 10 years old could cost owners upwards of $110 a year extra to operate.)

Another tip: keeps lots of food in your refrigerator will help your refrigerator operate at the optimal temperature. The more space that’s in your fridge, the more space that needs to be cooled. Also, let food get to room temperature before you put it in your refrigerator. The excess heat from your leftovers causes the refrigerator to work harder to bring the temperature down.

If you’re doing a lot of entertaining at the lake this summer, consider keeping a cooler on your deck with plenty of ice-cold drinks for your guests to enjoy. That way they don’t have to continuously open and close your refrigerator.

Cooking

When it comes to keeping your oven and stove from wasting energy, it pays to be prepared. That means not turning on too many burners or opening the oven door a dozen times to check on your roasted veggies. One of the greatest perks of living at the lake: firing up the grill and relaxing by the water! Utilize your grill as much as you can to save on energy costs, while also enjoying the great Smith Mountain Lake outdoors.

Dishes and Small Appliances

Now that you’ve prepared this incredible meal for you and your guests, the sobering aftermath of cleaning up has set in. If you have a dishwasher, consider hand-drying your dishes once the cycle has completed to save energy from the drying cycle.

As for smaller appliances like Keurigs, air fryers, and Instant Pots, consider unplugging them if they are not in use…especially if you are only in your property during specific seasons.

 

Source: Lake Home Tips: Keeping Your Kitchen Energy Efficient, Lakehomes.com