Four Tips for Purchasing a Waterfront Home

Posted on: 23 January 2017

Purchasing a waterfront home is a dream come true for many people. After all, how many homes can you find that are actually along the beautiful, calming water? If you want to make this dream of yours a reality, you should consider these five tips.

  1. Hire a Specialty Real-Estate Agent: The best way to ensure that you have access to all the waterfront homes for sale, you should work with a real-estate agent who specializes in working with waterfront homes. These real-estate agents will have a wide range of knowledge about all waterfront homes that are available to you in the area and that will work best for you. For example, if you own a boat, your real-estate agent is going to know which waterfront homes have direct access to the water so that you have private parking for your boat. Not all waterfront homes will have this. 
  2. Always Consider the Benefits of the Waterfront Feature: When you tour any waterfront home, the first thing you need to take note of is the benefits of the waterfront home. Too often, people focus on the home itself, fall in love with it, and then realize that it doesn't have all the benefits that they wanted in a waterfront home. For example, you need to consider the views. Does the home have a good view of the water? Does it have the private access to the water that you want? You also want to walk down to the water to determine whether it's clean. You don't want to purchase the home only to discover that the water itself is not all that enjoyable to spend time in. 
  3. Consider the Structure: Before purchasing a waterfront home, you are also going to want to consider the structure. The home should be able to withstand the weather conditions, which are often wet. Storms are usually stronger in waterfront areas, as well, and that can cause significant damage to a home. If the structure is poor, you are going to have to invest a lot of money into it for repairs, and you can expect higher home-insurance rates as well. 
  4. Visit the Neighbors: Before you purchase a waterfront home, it's always a good idea to talk to the neighbors. They will be able to give you some details about the history of the home you are considering, whether or not the area will suit your lifestyle, and what the weather conditions are like as well.  

When you consider these four tips, you can be sure that purchasing a waterfront home can actually be a dream come true and not turn into a nightmare.