One of the best parts of owning a waterfront property is all the possibilities there are to customize it. You can buy open land next to a lake and build your dream boathouse or construct a sunroom off the back of a lakefront house and create your own at-home oasis. Buying waterfront property to upgrade or build on can also be a lucrative reselling opportunity. Like we said—the possibilities are endless.
Something critical to keep in mind if you’re planning on buying, selling, or modifying a waterfront property on or around Lake Guntersville is that you must secure the proper permits from the Tennessee Valley Authority (TVA). When you work with The Pankey Team at Southern Elite Realty to buy or sell your home in Guntersville, we can help you navigate this process.
According to the TVA, permits are needed any time a property gets a new owner, alterations are made to existing structures, or when new construction or activities are being considered. You should have the appropriate Section 26a permits before you list, sell, or buy a waterfront property in the Lake Guntersville area.
TVA owns most of the land or land rights along the reservoir shoreline, so it’s important to understand where your property rights stand if you are buying or selling a lakefront boathouse or lot. Any construction must be approved before work begins, and new permits must be secured when a property’s ownership changes.
The Pankey Team at Southern Elite Realty will help ensure you have all the necessary TVA permits if you are buying or selling property in Guntersville, Scottsboro, Grant, or Langston. Contact our team to begin your search for or sale of a lakefront home, land, or lot today!
Learn what you need to do before you sell/list or buy waterfront property: