Friday, May 1, 2015

May Lake of the Ozarks Real Estate Update



With the recent upturn in the sale of lots for building construction, I though I would share with you a few things to consider in making a decision on which lot to purchase.

If a lot is not located in an area that has a central sewer system, you will need to look at the regulations by both the state and county that control the design and placement of a septic system.  Current regulations specify a sewage quantity of 120 gallons flow per day per bedroom for design purposes.  This translates into a need for at least a 1,000 tank and 6 100’ lateral trenches.  Trenches must be located a minimum of 5’ apart and at least 50’ from the lake and 25’ from a basement.  They must also be at least 10’ from the property lines.

In addition, you will need to be aware of the regulations that cover the placement of your home on the property such as setbacks from the property lines as well as any outdoor patios and entertaining areas.

When you factor in these items along with the topography of the property, you need to do some research to make sure your home will fit on the lot you choose.

Michael has been selling real estate at the Lake of the Ozarks since 1981.  He is one of the most respected brokers in the area.  If you would like to work with Michael in the sale or purchase of property, contact him at 573.365.SOLD or cme@yourlake.com  View thousands of lake area listings at www.YourLake.com $1 million plus homes at www.LakeMansions.com   You can also view each months’ article, ask questions and offer your opinion on Michael’s real estate blog, www.AsTheLakeChurns.com

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