Guide to buying a Waterfront property

Has it been a dream of yours to live waterfront? Buying the right waterfront home can make a huge difference in your quality of life. Whether this means living on the beach, on a river, or on a lake, there are many different waterfront homes to choose from.

With the right waterfront property, you can enjoy incredible views, amazing boating benefits, and a wonderful quality of life. However, you want to make sure you choose the right home. Let’s look at some of the most important things to look at when buying a waterfront property.

What to Look for When Buying a Waterfront Property

Before you start looking for a waterfront property, you should understand the three types of homes found near water:

·   Waterfront – This type of home is the most luxurious found directly on the water with incredible access. It could include a private dock, beach rights, or a boathouse, as well.

·   Waterview – If you choose a waterview property, you will likely be able to see the water, but you won’t have a home directly on the water. This type of property offers a more affordable option with the benefit of amazing views.

·   Water Access – If a home is listed as a water access home, you might be able to access the beach, pier, or water through a shared pathway or access point. You might have dock access, which is great if you own a boat. However, this type of property is not directly on the water and may not give you perfectly private access.

If you want the best of the best in waterfront properties, make sure you know what you’re looking for.

The Shoreline History Matters

You want to understand the history of the shoreline before you choose your waterfront home. The shoreline can move as water and dirt mix, which can make things a bit interesting. A better understanding of the history of the shoreline can help you decide which waterfront home is right for you.

Do a Full Inspection

Before committing to any waterfront home, you want to do a careful inspection. Walk the property and make sure you understand the type of maintenance that is necessary. It’s also important to look for damage caused due to the water, such as corrosion or excess moisture causing mold or mildew issues.

Know the Insurance Requirements

Homeowners’ insurance for waterfront homes isn’t the same compared to that of a regular landlocked home. When you live on the water, you may need specific types of insurance for hurricane damage, flood damage, or even earthquake damage. Make sure you know what you will need to cover your home.

Visit the Home Multiple Times

When you have a home you love, it’s time to look at it multiple times. You want to make a retu8rn visit at a different time of day to ensure the home looks just as amazing to you. Sometimes, waterfront homes are different at different times of the day.

Of course, hiring a good real estate agent will help you avoid a disaster when buying a waterfront home. There are many great homes on the water to choose from, and the right one will provide you with plenty of benefits. Make sure you take your time and use this guide to find the right waterfront property for you.