Waterfront properties are among the most sought after types of real estate in America. They are prized for the perks they offer and the lifestyle they evoke. Live the resort life, enjoy unparalleled views, and engage in a wide range of water-based recreational activities.
Choosing the right waterfront home, however, is the challenge – especially if you’re buying one for the first time.
Here are a few useful things to keep in mind:
- 1. Location
Just like any piece of real estate, location is everything when it comes to buying waterfront property. You’ll want to know how far the home is from amenities that are important to you like grocery stores, hospitals, or airports. If you’re buying a waterfront vacation home, you’ll also have to consider how far away it is from your primary residence. Other considerations include the distance of the home from the water, the kind of views you’ll get, and the local ordinances that affect your use of the water.
- 2. Body of water
Waterfront homes can be located near or along an ocean, river, or lake, with each one having their own advantages and disadvantages. Do your research on the body of water fronting your home. Find out the flood history of the area, the likelihood of storm surges, and the seasonal conditions. You should find out if the water is suitable for swimming and if the house has boat slips, if applicable.
- 3. Structure
Waterfront homes are more prone to damage from the elements so check how sound the actual structure is. Look for homes with protective features like storm shutters and bulkheads in the water. Look for signs of corrosion on metal fixtures like locks, hinges, or frames. While stainless steel is resistant to corrosion, sea spray and dried salty particles can break down the material’s passive layer and cause it to form unattractive pits and crevices.
- 4. Insurance
Insurance may be more costly for waterfront properties but it’s absolutely necessary. In addition to your basic home insurance, make sure that your waterfront property is covered by wind and flood insurance. Insure your boat, too.
- 5. Recreational activities
Waterfront homes offer a wide variety of recreational activities such as boating, fishing, swimming, and many more. Think about what you really want to do in your waterfront home, the type of activities that you enjoy doing, and then see if the property fits your lifestyle. Look into local ordinances. Some areas do not allow certain watercraft such as speedboats and jet skis in the water, so it is important to double-check these restrictions beforehand.
- 6. Real estate agent
When it comes to waterfront properties, it’s always best to work with an agent who specializes in buying and selling this type of real estate. Their expertise and network of providers can help you before, during, and after the home buying process.
When interviewing potential agents, ask them about their experience in selling waterfront homes and the length of time that they have worked in the area you’re considering.
If you’re looking to buy a waterfront property in Brevard County, FL, allow me, Garrett Bell, to help. I’ll be your trusted guide and expert on properties along the county’s 72 miles of stunning coastline. Feel free to give me a call at [ai_phone href=”1.321.537.6697](321) 537-6697[/ai_phone] or email [mail_to email=”[email protected]”][email protected][/mail_to].
Read more:
3 Real Estate Scams You Need to Avoid
Amenities to look for when buying a luxury home
What To Repair If You Decide To Sell Your Home
