If you are dreaming of waking up to the view of the sunset over the water, buying a beach house could be just the thing for you. On the other hand, apart from some substantial benefits, there are also some disadvantages to have in mind before deciding. There are always a lot of things to think about before buying a new home, so take your time and don't rush. Below you will find information on the most important pros and cons of buying beachfront property, so keep reading to learn more.
Pros of Buying a Beach House
Great Quality of Life Advantages
The first advantage of buying a beach house is an obvious one: if you like the beach, you will have at your disposal a beautiful retreat which you can visit at any time. When you get tired of living in a busy, urban environment, you can escape and spend some time relaxing, away from everyday troubles and chores. You don't have to book a hotel, plan the trip, nor worry about other vacation-related details. Just pack your bags and take off.
On the other hand, if you are planning to permanently move to your new beach house after buying it - that's even better. People take vacations in order to spend some time in a serene environment. But you will be living in one such environment! With the beach right next to you, you can always go for a swim, take a stroll along the water, enjoy the cool breeze on a summer night, or the gentle sound of waves caressing the shore while you are drifting into sleep.
And if you have kids, they will surely love to spend their days in such a home. The beach offers many activities that you can do together, that will fill your kids' free time in a fun and healthy manner. Playing in the sand, as well as various water-based games and sports, represent a great counterweight to spending time on social networks and playing video-games - which is what many kids are spending far too much time on. It's no exaggeration to say that growing up in a beach house - or at least visiting it from time to time - can have a healthy influence on a young person whose personality and psyche are yet to be fully formed.
Excellent Financial Benefits
Buying a beach house means buying a financially safe property that isn't hard to sell, if you ever decide to do so. Beach-based properties are always in demand, and the value of such a house is always bigger than the value of an identical house that isn't located at the beach. Because of the demand, have in mind that you will need a reliable buyer's agent to guide you through the buying process and help you get the best deal possible. A deal that will likely pay-off, financially speaking, if you decide to sell or rent your new property.
Renting can be a very lucrative option. During spring and summer (and, to a lesser extent, during the fall as well), people are looking to rent a nice house in such an attractive location. This is a great opportunity to earn some additional money on a relatively consistent basis. In fact, it is entirely possible that with renting alone, you will be able to pay off the mortgage on your new house.
Apart from an experienced real estate agent, you will also need reliable professional movers to help you relocate. Moving on your own requires a lot of time and effort, which is hard to find after a long day's work. What you need are affordable movers who will do a great job, no matter if you will be moving hassle-free to the coast of South Carolina, Florida, or California. Packing, organizing the logistics of the move, shipping - with the right assistance, all of that will be sorted while you are attending to your other duties or enjoying your time off.
Cons of Buying a Beach House
Maintenance Costs Are Higher Than Usual
People who own a property on the beach have to worry about maintenance more than others. That is because of the elements and the sand. Wind, humid weather, and salty air cause more damage than regular homeowners have grown accustomed to. Thus, there's a need for more frequent repairs, especially when it comes to the exterior of your property. Also, no matter what you do, it's hard to keep the sand out of your house, so you will have to get used to frequently vacuuming or sweeping the house (or just learn to live with a certain amount of sand).
If your car is parked nearby, it will also be susceptible to damage, so add a decent mechanic to the list of people you will need to work with if you decide to buy a house on the beach. The mechanic will help you with making sure your vehicle is safely protected. It is best to do what you can to protect it, or you will be risking some serious damage to your car.
Storms, floods, and beach erosion are some of the potential threats to your beach house. Therefore, it is a very good idea to buy proper insurance. Unfortunately, because the likelihood of damage is larger when it comes to beach-based properties, insurance policies tend to be more expensive. Of course, a good buyer's agent will have this in mind when helping you find a house that will be appropriate for your needs and your budget. Still, while the price of insurance is higher, we are not talking about a huge difference. Nevertheless, this is a factor to consider when deciding on a perfect beachfront property for you.
Tourists Can be a Nuisance
During the summer especially, dealing with tourists can sometimes be frustrating. Some of them tend to, for example, block your driveway, or they may walk across your property in order to reach the water faster. Dealing with these issues constitutes an unfortunate waste of time. On the other hand, you could be lucky and you may never encounter such rude tourists. Another idea is to simply go on a vacation during the summer, which could also constitute a fulfilling change of scenery.
By now, you should have a pretty clear picture of whether buying a beach house is the right thing for you. If you decide that pros outweigh the cons, take a look at our featured properties and see if there's any that catches your eye.