Ask any property owner with a home on a lake, beach or river and they will tell you how amazing it is to live on the waterfront. Like any location, there may be some cons. Usually the closer you are to nature, the further you are from city life with its high-speed internet and pizza deliveries.
Even so, there are many waterfront homes that provide you with the best of both worlds. Here are a few of the advantages you can look forward to.
Have you ever watched the sun set over a lake or rise over the ocean? It is absolutely beautiful. Something about the water reflecting the fiery colors and the sound the water makes creates a tranquil and inspiring setting. If you are an artist, such as a writer, photographer or painter, this is exactly the kind of setting you need to create.
If it is a true waterfront property and the water is clean, watersports are usually allowed. Some of the activities now at your fingertips include the following:
Waterfront properties are always in high demand, especially by lakes and seas. However, because families hold on to these long-term, the number of waterfront properties for sale is low. That equals to a rise in property values over time. If this will be your vacation home, you are also welcome to rent it when it’s not in use.
Do Due Diligence
Never purchase property without first doing your due diligence. Here are a few things you need to know before putting in an offer.
- Distance from closest town or city, emergency care, food etc.
- Whether or not the water feature is artificial
- Conservationist regulations and HOA/POA fees
- Whether rot or mold is an ongoing problem
While purchasing a waterfront home is expensive, purchasing land is a lot cheaper. After purchasing the lot, you can then build your own home to your own specifications. However, because of the special circumstances regarding moisture and soil type on waterfront properties, always ensure you hire professionals for the job.