Is buying a waterfront home right for you?

Posted by Andree Huffine, Sarasota Realtor on Thursday, August 26th, 2021 at 8:50pm.

 

 

Waterfront homes are, and have always been, one of the most sought after types of properties for aspiring home owners. The breathtaking scenery and ideal locations make these properties a hot commodity. When you start your search for waterfront homes, you want to make sure you are asking the correct questions. There are a myriad of different elements a waterfront property purchase entails. As a home buyer, you must ensure you're taking the right steps to cover yourself.

For starters, know exactly what you are buying. The term “waterfront” can mean a variety of different things depending on the geographical location you reside. Aqueducts, reservoirs, lakes, ponds, rivers, intercoastal waterways, and ocean front can all be deemed “waterfront” in Florida. Some verbiage can be tricky in property listings.

Keep in mind that you should be aware of how the surrounding water/landscape effects the home. There are many positive effects of living on the water. Of course, aspiring home owners must educate themselves on all aspects of living on the waterfront.

One aspect that some individuals neglect is getting to know the HOA. Of course, HOA’s are prevalent in Southwest Florida, no matter if you are landlocked or on the water. You can’t get rid of them. HOA’s have many benefits of living in certain types of communities, especially golf course and waterfront. They provide a plethora of services to ensure a safe and enjoyable living community. Speak with your Realtor to see what common HOA requirements are common within waterfront communities.

Waterfront environments are also different environmentally in nature. Like most properties in these areas, we must do extra inspection to make sure that they are able to withstand the elements of Southwest Florida. This heightens when you have a waterfront property. Reach out to your Realtor to help with inspections of your home to see if the property is fitted to weather such conditions. Although safety within modern construction is at an all time high for waterfront properties, you must pay extra attention to safety precautions.

Overall, buying a waterfront property in Southwest Florida is one of the most rewarding things you can ever do for you and your family. The gorgeous views, fun activities and priceless memories are all encompassed with a brand new waterfront property in Florida. Know what you’re buying and contact your Realtor to help you through the process. We hope you enjoy your new waterfront home!




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