Buying A House Kc Area

[Wayne SW/MO]

I would think that for the sake of time on the water a slip would be invaluable. It also gives you the chance to try those days that are iffy without a lot of time and trouble invested.

My son has kept a boat on TR for a couple of years now, but its on a lift and covered, so not much to attract thieves.

I'm sure you already know that KC is not that far from necessary shopping, especially with the work on 13.

[JerryK]

I wanted to add my 2 cents. I have owned a home in a subdivision on the lake in KC since 1992. I still live in Illinois and the house is locked up too much of the time. I have never had a problem with break ins or anything like that. I kept a boat on a lift too and had no problems except my first Memorial Day weeekend, I left my kids rods out on the boat and they were stolen. I blame myself for that. As for the fishing issues, the guys who don't fish anymore have not updated their boats or equipment. If your retired on a fixed income, a new boat may be hard to justify. The ones that have updated still fish all the time.

[NuB2TR]

I am new to this forum and TR area, so am by no means qualified to offer anything except what I have observed and learned through my own experience.

My wife and I bought a home in Shell Knob a year ago May, but still live in Nebraska. It was important to us to have a slip, for it was a convenient way to get out on the lake, whether in the boat or just sitting on the swim platform enjoying the beauty that surrounds us. In our case, the slip was included as part of the house sale, so making the kind of decision you're looking at was not a factor for us.

I did notice, during the time we were seriously looking at properties, that the houses/cabins that included a slip seemed to sell quicker than those properties without one. That was another factor in our desire to have a slip. Should we decide to sell down the road, it seemed to us that a slip would make the property more appealing to the next buyer.

Having traveled to TR many times over the years, and having seen ads for slip sales on-line and in the local newspapers, I got the impression that, like houses, a slip's value depends on many factors... location, size, condition, age, current marker value, etc. I would think you considered these factors when you bought your house, and would think the same would apply to a slip purchase.

The bottom line... how much is it worth to you? No one wants to over-pay for anything, so you really should check with owners of other slips in that dock or ones near by, in like conditions, to find a fair market value. Local real estate agents can offer some help there as well. We recently re-financed our SK home due to low interest rates. With a full apprasial, they valued our slip at $25k. It's in a 20 year old dock, 10 x 24 in size, and at the time, had an old, worn-out lift. That value came in consistant with what our neighbors told us was the average value for our sub-division. Does that compare with KC area?... don't know.

Good luck. Hope that helps.

[glennL]

I am new to this forum and TR area, so am by no means qualified to offer anything except what I have observed and learned through my own experience.

My wife and I bought a home in Shell Knob a year ago May, but still live in Nebraska. It was important to us to have a slip, for it was a convenient way to get out on the lake, whether in the boat or just sitting on the swim platform enjoying the beauty that surrounds us. In our case, the slip was included as part of the house sale, so making the kind of decision you're looking at was not a factor for us.

I did notice, during the time we were seriously looking at properties, that the houses/cabins that included a slip seemed to sell quicker than those properties without one. That was another factor in our desire to have a slip. Should we decide to sell down the road, it seemed to us that a slip would make the property more appealing to the next buyer.

Having traveled to TR many times over the years, and having seen ads for slip sales on-line and in the local newspapers, I got the impression that, like houses, a slip's value depends on many factors... location, size, condition, age, current marker value, etc. I would think you considered these factors when you bought your house, and would think the same would apply to a slip purchase.

The bottom line... how much is it worth to you? No one wants to over-pay for anything, so you really should check with owners of other slips in that dock or ones near by, in like conditions, to find a fair market value. Local real estate agents can offer some help there as well. We recently re-financed our SK home due to low interest rates. With a full apprasial, they valued our slip at $25k. It's in a 20 year old dock, 10 x 24 in size, and at the time, had an old, worn-out lift. That value came in consistant with what our neighbors told us was the average value for our sub-division. Does that compare with KC area?... don't know.

Good luck. Hope that helps.

[glennL]

I bought a place on TR 3 years ago and wish a slip would open up in my subdivision. Last one for sale, sold in 45 minutes. If you don't know the right person, at the right time, you're out of luck.

It would be nice to have , just to store the boat or to have to swim off of with the kids and grand kids...

You will regret not buying this slip down the road. Why not buy and sell if you don't need.

Because, once you pass this opportunity up, you may not get another chance.. One reason why the price is so high, is old fashion supply and demand. Only so many slips nearby... economy tough right now, but down the road when things heat up again, you won't get another opportunity to buy this slip. Once people buy them, they tie it to there property and less become available when you want one..

So, I recommend buying now, use for the boat, swimming and investment. Not to mention the conveinence of not having to put in and out all the time. At that is a pain.