Your Home Sold Guaranteed Realty - Florida Waterfront

Waterfront Property Challenges to Consider before Buying a Home in Florida

Waterfront Property Challenges to Consider before Buying a Home in Florida

Waterfront Property Challenges to Consider before Buying a Home in Florida

Living in Florida, especially when you own a waterfront property, comes with a wide variety of benefits. Imagine being able to walk out of your home or open a window and seeing the beautiful water right in your backyard. It is an experience that is unmatched by any other type of property, and homeowners with waterfront properties are well-aware that these advantages are certainly worth the investment they have made. It is also important to realize that there are waterfront property challenges.

Before you buy a home of any kind, it is essential that you are aware of the potential issues and hazards that may manifest during your ownership of that property. Buying a waterfront property also requires the home buyer to acknowledge that there are some unique challenges associated with that property.

At Your Home Sold Guaranteed Realty – Florida Waterfront, Nancy Kowalik and the experienced real estate agents are here to help you find the perfect lakefront property for your needs. We are also available to discuss the waterfront property challenges related to owning a home on the water and ensure that you are able to make a well-informed decision. If you are searching for a lakefront property in Florida, give us a call at 407-307-2617.

Potential Waterfront Property Challenges 

When most home buyers are looking for a new property to purchase, they are usually concerned about the aesthetics of the home, the maintenance of the property, and the results of the home inspection. However, they should also be aware of any other factors and considerations that could affect the way in which they live on the property. 

With a waterfront property, there are some unique challenges that could affect your daily life that should be taken into consideration. Nancy Kowalik and the skilled real estate agents at Your Home Sold Guaranteed Realty – Florida Waterfront are happy to discuss these issues with you in detail so that you are fully informed and understand the best ways to handle them if and when they arise.

Here are some of the top waterfront property challenges when you buy a home on the water.

Reduced Privacy

In certain situations, the waterfront property may attract an increase in visitors into your neighborhood. Other circumstances may provide access to the waterfront to your entire community, not just your family. It depends on the way in which your community was originally constructed and who has a right to access the waterfront, pier, dock, and any other structure near the water.

Likewise, you may have a situation where the property line only extends to the mean high water mark. Basically, this will keep beach goers off of your property until low tide when your beach could actually be considered public property. It is critical that you understand your property’s boundaries and discuss this with your real estate agent before you buy a waterfront property.

Rising Water Levels

As climate change continues to wreak havoc on everything in nature, it can be a concern for you with your rising water levels. Waterfront communities may see a rise in the water levels on a regular basis and this can alter the landscape of your waterfront property as well as increase your risk for flooding. This may be something you want to discuss with the property inspector or another authority to determine how much risk your potential property has for increased flooding.

Expensive Insurance

All homeowners are required to carry insurance for their homes, and the owners of waterfront properties are no different. However, there are additional insurance concerns that need to be considered with a lakefront property in Florida. 

Flood insurance can be a major hindrance to the sale of a home, especially because it can be quite expensive. In general, homeowner’s insurance policies do not include floods. You have to purchase extra coverage to be added to your policy for flooding – even in Florida! Be sure to find the best possible insurance coverage for flooding and know exactly what it covers in the event of a flooding emergency.

Repairs from Storm Damage

Whenever a storm arises over the water, it tends to create quite a bit of damage to the structures in the storm area. Your home may need to have a special exterior finish applied to it (if it is not there already) to protect it against damage from sand, and other aspects of your home may need additional protection from high winds. If a storm does damage your property, the repairs may be fairly extensive and costly.

Maintenance Costs

Maintaining your waterfront property can be expensive, especially if you have to deal with such things as erosion concerns and tree growth. Some repairs and maintenance will need to be approved prior to the work being done, and it can be challenging to get the right permits for these tasks. Be sure you know who to contact for these permits and what difficulties may arise.

Waterfront Property Challenges – Call Nancy Kowalik 

If you are looking to buy a home in Florida and you are especially interested in a waterfront property, you have come to the right place!  Nancy Kowalik and our team at Your Home Sold Guaranteed Realty – Florida Waterfront has extensive experience, knowledge, and expertise finding home buyers like you the best lakefront properties available in the area.  There are so many reasons to buy waterfront property!

When you work with us, we are happy to provide you with all of the information, tools, and resources you need to understand the benefits and the challenges of owning a waterfront property in Florida. We will make sure that the properties we show you meet your criteria and exceed your expectations. 
Call us at 407-307-2617 or email us at [javascript protected email address] to find out more about all of our exceptional home buying guarantees and to tell us what type of waterfront property you are looking for in Central Florida. We are excited to talk with you and can’t wait to help you and your family find the perfect lakefront property!