Beach Homes for Sale: Making Sure Your Dream Home Isn’t a Nightmare
For whatever reason, humans seem to be instinctively drawn to the sea. Whether it is the sea breeze, the wave crashing against the shore, the beautiful scenery, or the huge amount of water sports that you can take part in, living next to the sea is a dream for many. This has cause the prices of beach homes for sale to skyrocket in recent years. While you may be closing in on your dream of buying a beachfront property, make sure that you know everything there is to know about the area around the land that you are planning on buying. Unlike land further away from the coast, there are many things that can happen to turn your dream home into a nightmare and leave you with a worthless plot of land.
The first thing you should look for when buying your beach home is any existing structures that are put up on the property. This includes things such as seawalls, jetties, and docks. Make sure that all of the structures were built legally and conform to local zoning practices. Ask for certification if you have to. In the past, construction restrictions were much more incredibly lax than they are today, and these structures may have been grandfathered in, meaning you can’t make serious improvements to them. They have may even have been built illegally, leaving you with hefty fines and having to take them down when they are found out. In the case of structures like sea walls, this could leave you with a shrinking amount of property as erosion takes its toll.
The next thing that you should look for when investigating beach homes for sale you are thinking of making an offer for is where the high water level occurs, especially during storm seasons. In most areas, all beaches up to the level of the high water line are public and after this your private property begins. Unfortunately, this level changes day to day and season to season. Especially during stormy seasons, your property can actually shrink by 100 feet or more, depending on where your property is located. Make sure you find out about where the water level comes to at all times of the year so you know how much danger your home may be in during stormy weather.
Along these same lines, also find out how much your coastline is expected to erode each year. Most communities place restrictions on housing that only allow them to be built the average amount of erosion per year times thirty or forty years. If your home is closer than this, you may end up with either a costly move or water in your first floor sooner than you may expect. Even if your home is built at least this far away from the shore, if you think a normal mortgage on a home is thirty years, your home will be paid off just in time for it to sink beneath the waves. Never overlook the amount of shoreline erosion you may be facing on any beachfront properties you consider.
Finally, find out about how often national disasters are expected to smack into your beloved beachfront home. If the area is too prone to disasters, you may end up only being able to get extremely high risk flood and wind insurance, which will result in your paying even more money than you expect.
Buying beachfront homes is a dream for many people the world over. If you want to keep your dream alive for years and years to come, make sure to do a little research on the home and the property that you’re investing so heavily in. If you do this, you’ll be sipping martinis carefree on your oceanfront property in no time.