Thinking of Buying a Waterfront Home? Read This First

It is exciting and complicated to buy a house. A luxury waterfront property can add a new layer of complexity to the process. There are many benefits to living on the water, such as stunning views and easy access to water sports like kayaking, paddling, and swimming. There are many factors that waterfront property buyers should consider when buying a lot, house, condo, or condo with a slip. This will ensure they choose the best property for their needs and lifestyle.


Before you can pinpoint the location you wish to purchase, it is important to determine your needs. What water sports do you like? You might be interested in properties that are located on calm bodies such as lakes, bays, or inlets if you paddleboard or kayak. You should check whether the water body you are looking at permits motorized boats. A dock is also necessary to store your boat. A large dock is necessary for large yachts. Other factors to consider include: Is the water clear/clean? Are you able to choose between saltwater or freshwater? Is the property connected to the water via a shared dock or private dock? These questions will assist you in determining where to look for waterfront homes.


Flood insurance may be required depending on whether a waterfront property is considered to be in a flood area. Some properties can control water levels, such as Seattle’s Lake Washington. The Chittenden locks release water into the Puget Sound. Other lakes like Lake Sammamish can rise rapidly and submerge terrain and docks during heavy rain seasons. High tides and swells that can flood homes and cause damage to property along the oceanfront have a high chance of affecting properties. However, there are homes that are too high to be considered in flood zones. An engineer can help you determine if it is true and advise you on flood insurance. It is important to fully understand the potential dangers that negative water-related issues could pose.


Before you buy a waterfront property, it is important to understand the limitations of your options for making improvements. There are some restrictions on building and construction in waterfront areas. Make sure you know the rules for the area around the water body you are interested in. You should check with the local authorities if you plan to add any rooms or build a dock. Many communities have restrictions on how a home can expand. They also limit the materials and distance that the home must be from the shoreline. Make sure you do your research to make sure you are a happy homeowner.


A waterfront specialist is important for inspection. An inspector who has been to many waterfront properties will prove invaluable. Waterfront properties are less protected from the elements than other properties. An experienced inspector should inspect for moisture, roofing, siding, and other issues. You will need to have other inspectors inspect docks, piers, and shoreline barriers before you purchase waterfront property. You should work with a professional who is knowledgeable about waterfront properties to help you navigate the process. A seasoned luxury waterfront broker will be able to recommend a home inspector with experience inspecting waterfront properties.


Although the potential dangers of purchasing a waterfront property can seem daunting, it is well worth the effort. You will feel more confident in your purchase if you do more research upfront.

This post was written by Josh Dotoli! Josh is the owner of Josh Dotoli Group which is a laser-focused real estate team at Compass comprised of industry experts selling Fort Lauderdale’s best neighborhoods. This dynamic group is one of the top-selling real estate teams in South Florida with over $94 million in sales in the past 12 months alone.