So you're ready to buy that waterfront property you've been dreaming about for a long time. Only one problem, you do not know how to select a waterfront property that will fit your unique lifestyle.
We understand the dilemma! A waterfront home isn't just any home, you need to make smart decisions when purchasing one to ensure your new home fits your lifestyle and the activities you enjoy most.
Either way, you shouldn't worry, we have compiled a list of tips to help you find a waterfront property that fits nicely into your lifestyle.
Find the Right Real Estate Agent
Buying a waterfront property is a complicated affair, hence having a real estate agent that knows the ins and outs of waterfront properties is highly recommended. There are tons of real estate agents in the country, and all of them deal in different properties. However, to find the perfect waterfront property that fits your lifestyle, you will need to find yourself an agent who specializes in waterfront properties.
The average agent might be well-connected and know the best properties in your area but waterfront real estate is a different ball game because they require established expertise in the niche.
Pay Attention to Your Hobbies
Your lifestyle often includes important activities you do to blow some steam and hobbies you enjoy. These interests are a huge factor to consider when choosing a beachfront or waterfront property. For instance, if you love boating and wish to do it daily, getting a property with dock access would make sense.
The same applies if you love leisurely strolls on the beach on a sunny evening. You don't want to end up with a property that's almost an hour away from the beach. Whether you are into fishing, boating, kayaking, or some other water activity, choosing a waterfront property based on your hobbies can help create a more intimate experience with your home. Consider the Property's History
A property's history is a key factor to consider when buying a waterfront property because knowing these details upfront can help you weigh the pros and cons. There are many important specifics you might not know about that alluring beach house. For instance, it might be prone to flooding. This's where a top real estate agent comes in handy. They help you dig into the house's history and tell whether there have been any issues in the past.
Consider Structural Integrity
Being at the edge of various water bodies means waterfront houses are prone to bad weather elements. As such, it's essential to ensure your new property has been built to withstand more rough winds or stormy weather than the average home.
That's why you need to check on the structural integrity of the property before you buy it. A fragile structure will have you counting your losses sooner rather than later.
Insurance Is Key
From the previous point, its obvious waterfront houses are more prone to erratic weather than regular properties. That means you need to research your insurance options carefully. You will be expected to pay higher premiums and might require several covers to cover the house. For instance, a flood policy, wind policy, etc. Therefore, do your research well.
The Neighbors Might Know Something You Need to Know
The best way to get insider details about a neighborhood is to ask the people who live there. Ask around about the qualities of the house and what to expect from owning property in that neighborhood. Your prospective neighbors might have some excellent insights for you.
Buying a waterfront property that fits your lifestyle is not a straightforward process because of the special considerations you have to take into account. Even so, the tips we've shared here might help you find it easier.
Getting the right real estate agent will help you navigate the complex issues around waterfront properties. Century 21 North East is an excellent choice if you are looking for waterfront properties. Our agents know the ins and outs of buying such properties in New England and will help you get your ideal home. You can also browse available beachfront and waterfront properties.