WATERFRONT/ COTTAGES PROPERTIES
What is a Waterfront Property?
Properties are considered waterfront if they have direct access to a natural or man-made waterway such as a lake, river, channel, or canal.
Properties separated from the water by a right-of-way, private road or unopened road are also considered waterfront.
What you need to know before buying Waterfront Property:
Before anyone starts looking for waterfront properties, they should take some time, and ask themselves,
Why is waterfront important to you and what do you want to do on the water?
Are you looking for a year-round or summer home?if this is going to be a seasonal cottage,how far are you comfortable with traveling back and forth and which amenities are most important to have nearby?
There are so many considerations to take into account with waterfront properties and lakefront homes that you usually don’t have to worry when you are buying a Residential home in a subdivision.
Other factors to keep in mind when considering a Waterfront property are depth of the water and the slope of the lake.
It is also especially important is to be aware whether there is an access road and is it well-maintained and ask if it will it be plowed throughout the winter.
If it is a private road, are there association costs to consider?
There are many more questions to be asked before you start looking and eventually buying that dream waterfront property which you have ben dreaming of so long!
so, do not get your fingers burned, dealing with the wrong agent or false advertisement!
Talk to the realtor knows all about Waterfront and Cottages Properties..