Tuesday, October 20, 2020

Owning a Home at Lake of the Ozarks

Purchasing a home at Lake of the Ozarks is a dream that many share- and understandably so, it's renowned across the nation as the vacation destination of the Midwest! While it may seem like a pipedream, we're here to tell you that your dream of living at Lake of the Ozarks is certainly obtainable. There are prestigious areas at Lake of the Ozarks- where the barriers to entry are extravagant, however, much of the Lake is more affordable than you may realize.

Team Lasson loves Lake of the Ozarks and would be honored to assist you in financing your home at Lake of the Ozarks, to make your dream of living the Lake life come true. Continue reading to find out more about how you can make the Lake area your new home.


While you will see numerous million-dollar homes lining the shoreline at Lake of the Ozarks, much of the housing market here is well within your typical price range for a home in Missouri. The median home cost in Missouri is $159,500, the median home price at Lake of the Ozarks, $177,400. Yes, that's still a pretty penny, but think about what you are getting with that price tag as well, the beautiful scenery, an epic summer life, moments away from outdoor adventure, all while remaining close to major city hubs. Lake of the Ozarks is large enough for convenience and activity, yet small enough for privacy.


As the vacation destination of the Midwest, Lake of the Ozarks holds great opportunities for those that own property here, like being moments away from the action via land or water, investment home opportunities, as well as having a dedicated vacation spot. We'll dive further into these opportunities below.


As mentioned above, being the vacation destination of the Midwest gives Lake of the Ozarks a competitive advantage when you're looking into investment homes, or even just a way to rent out your vacation home part-time to earn some income or pay the mortgage. The housing market at Lake of the Ozarks is like no other, every home and lot is unique, giving the "one-of-a-kind" appeal to your property/investment - a great selling point for potential renters/buyers.


The summer season at the Lake is known nationwide and attracts masses of vacationers. The reason for this is the entertainment here is simply awe-inspiring. Take the small community vibe and hospitality and mix that with the resources to put on stellar performances, events and demand attention, you end up with an experience that can only be found at Lake of the Ozarks. From fun for the whole family to your more adult-friendly atmospheres, Lake of the Ozarks has something for all to enjoy, year-round.


With many of its citizens being second homeowners and the impact that tourism has on Lake of the Ozarks provides the Lake with the resources it needs to provide an outstanding education system. Continually boasting above average results in regard to the state of Missouri, two out of three high school graduates go on to pursue higher education. The Lake's education system consists of state-of-the-art technical career centers, along with community and satellite colleges.


Relative to education above, the healthcare system at Lake of the Ozarks is also second to none. Being centrally located between two major city hubs, St. Louis and Kansas City, provides the Lake access to high-tech medical equipment and connections that allow it to function as efficiently and effectively as it does. The healthcare system here can deal with all incoming needs of its community the moment they walk through the door, so there is no need to ship patients seeking help all across Missouri - they'll take care of you in-house with a dedicated team and the latest technologies available.

Why Move to the Lake?

Lake of the Ozarks, to put it simply, is just an astonishing place to live. When you own a home at Lake of the Ozarks, you get to enjoy the convenience of being at the heart of the action during the busy and prosperous summer season, not missing an ounce of fun. While enjoying a quiet, leisurely atmosphere, taking in all the beauty that the Lake has to offer during the off-season. The Lake is the perfect mix of exhilarating entertainment, comforting convenience, and leisurely Lake living all in one beautiful package. If you're ready to get in on the Lake life and secure your mortgage at Lake of the Ozarks, Team Lasson is ready and willing to extend our years of service to you.

For Lake area news, resources and tips on financial services, please 

Michael Lasson
Senior Loan Officer
NMLS #: 493712

4655 B Osage Beach Parkway
Osage Beach, MO 65065

**The postings on this site are my own and do not necessarily represent First State Bank of St Charles’s positions, strategies, or opinions.

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