Owning a beachfront property is a big dream for many people, especially those who live in an area often surrounded by snow and ice. If looking out the front window and watching the waves crash against the shore is your idea of the perfect place to live, this article is for you.
There is a big difference between an oceanfront home and a waterfront home. An oceanfront home is one that is located on an oceanfront, but does not necessarily have an ocean view. A waterfront home is the opposite, and you can have a wonderful ocean view without an actual ocean front.
Advantage
The biggest advantage of a beachfront property right now is the downfall of the home. This is an excellent time for a buyer to invest in any type of property, but for the waterfront they may never find lower prices. Because of this, when the housing market returns, those who have managed to buy a beautiful beachfront property for a value well below market value will be very happy.
Another plus, of course, is the water itself. Who doesn’t want to live where water sports like surfing, fishing, boating, and even skiing and parasailing are right outside your door?
Cons
Beachfront property can have many advantages for some people, such as the cool ocean breeze and peaceful waves crashing on shore, but the downsides are a deal breaker for many, storms, beach erosion, and high property taxes, to name just a few. Before buying a waterfront home, remember that it will have more maintenance than a waterfront home.
Consider for a moment if what you really want is a house with a water view. A view has most of the same benefits as a waterfront home with fewer problems. A waterfront home can easily provide you with the spectacular views of the water, the sounds of the waves crashing against the shore, and easy access to all the boating and other activities that take place along the seashore. A waterfront home may or may not offer a view of the water, it may or may not offer easy access to the water, and it has higher property and maintenance taxes.