5 Reasons to Purchase Waterfront Property

Bill Gassett's picture
What to Know About Buying a Waterfront Home

Considerations When Buying a Waterfront Home

Buying a waterfront property is a dream that many people have. Whether you want a cabin to retreat to in the summer, or you want to feel like you’re on a permanent vacation all year round, everyone's reasons for purchasing a waterfront home is different.

Waking up to views of the water, nature, and your own private piece of heaven is something that many people have as an ultimate goal. Waterfront living is suitable for all stages of life and can be a perfect option for families with young kids, single professionals looking to add to their investment portfolios, and even retired couples with an empty nest.

If you’re in the market and ready to purchase, here are the common things to ask yourself before buying or building your dream home. If your dream home happens to be waterfront living, here are some reasons why purchasing a waterfront property is an excellent investment and may be the perfect option for you!


When you buy a waterfront property, you’re making an investment that is almost guaranteed to generate a positive return. Waterfront homes are typically properties that see an increase in value every year.

You are consistently building equity with every mortgage payment, and every time you make a small upgrade or renovation to your home, it’s a small, yet important, investment in your future. A house on the water is a limited style of property, as there are only so many homes that can be built around a body of water, so they are in high demand.

This style of home is well-known for retaining their value and will always be coveted. If a waterfront property is a second home or a vacation home, there are many other ways to benefit from this investment financially. Many waterfront properties are also acreages, so the size of the lot will also contribute to an increased value of the property.

Many people tend to settle for a home that might be a little more functional and suited to their needs, and less about what they want. Purchasing a dream waterfront home is a surefire way to feel more satisfied with your purchase.

The lifestyle that comes along with owning a waterfront property is also highly sought-after by many people. Just be sure to understand there are extra costs involved with owning a specialty property.

The View and Lifestyle

Waking up to views of the sun coming up over the water, being close to lush trees, and being in your own slice of paradise, that is a fantastic feeling that many people want.

Your view will also be as permanent as it gets. If you buy a home in a residential community, there’s no guarantee of what will be built around it in the upcoming decades. Instead of waking up to the sounds of traffic jams, people in a rush, and city life, you can wake up to the sounds of the water and all the nature surrounding it. It’s a lifestyle that never gets old.

If you’re ready to have immediate access to boating, fishing, and swimming anytime, lake home property life is for you, and it will attract potential buyers if you ever decide to sell.

Owning a waterfront property allows you to live in an area close to the city and the conveniences that it offers while being about to relax in private away from the hustle and bustle. Having the ability to be active and partake in a variety of water activities anytime you please is beneficial for both your physical and mental health.

A Permanent Vacation

If you’re considering when you might like to find a place to retire, a waterfront property might be just the place for you to settle down in your golden years. Not only is this type of property a wonderful gift to leave your children and grandchildren, but it makes everyday feel like a vacation.

The serenity that comes with waterfront living allows for a lot of peace and relaxation time. Having a retreat that doesn’t cost thousands of dollars for a week and requires a flight is something we wish we all had access to. With a waterfront property, it becomes a possibility.

Many people choose to live in their waterfront cottages all year round as they can work remotely, or they decide to retire and enjoy their days by the water.


Depending on your property and the surrounding areas, living on the water can be great for achieving added privacy. You have your lot on the water, where you can have your boat, private dock, and more. If you’re lucky enough to find a property that has abundant vegetation, you likely won’t be seeing much of your neighbors, even if your properties are close together.

Many waterfront properties offer a large plot of land with many acres of space for you to develop as you wish, which is also a massive benefit for added privacy.

Potential Income

Using a waterfront cottage as a rental income can be an excellent investment. If this is a second home or vacation home for you, the ability to make a passive income can change your financial landscape.

With booking sites like Airbnb, you can rent out the property during the summer months for those who want to enjoy all the water activities under the sun. You can also choose to rent out in the winter when you may be less likely to spend time at your waterfront home for those who love a winter getaway.

Final Thoughts on Buying a Waterfront Home

Whether you are thinking of purchasing a seaside retreat in Florida, owning a Harborview condo in Maine, or perhaps you’d like to buy a summer property with picturesque views of the Georgian Bay, there are so many great options for homeownership that come with beautiful waterfront views.

Purchasing a waterfront home can be a big decision. Still, it’s an investment that is bound to only increase in value, and it provides a lifestyle you can’t get with other properties. It gives you your own piece of paradise to wake up to every day. Just be sure to do some solid research before plow forward with buying this type of property.

Other Valuable Huliq Real Estate Posts

How to improve your credit score - when buying a home if you want to get the best mortgage rates, you need to have excellent credit scores. One of the best things you can do is to get your credit score increased to improve your chances of getting the most favorable mortgage terms. See how to go about getting your credit scores as high as possible.

Make your home more appealing to buyers - if you are going to be selling your home it makes perfect sense to ensure it looks its very best. See some excellent tips on how to make your house shine on the internet. Remember the first place buyers will see your home is when they are sitting on their computer or smartphone.

Use these helpful resources to make great buying and selling decisions.

About the author: The above articles on buying a waterfront home was written by Lydia Boudreau. Lydia works for Asterisk Marketing which is a full-service digital marketing agency that provides quality lead generation, branding, and proven digital marketing strategies.

Add new comment