Buying Waterfront Property

If finding that perfect waterfront property is your dream, then how do you plan to achieve it?

Unlike with regular residential properties, demand for waterfront properties far-outpaces the available supply which ultimately creates a perpetual sellers market. To make things even more challenging, the supply of waterfront in our province is becoming more and more scarce with each and every year that passes.

It's not surprising then, that prices have skyrocketed in the last few years making it that much more important for you to ensure that you are getting what you pay for. The overall value of a waterfront property will be determined by various related factors. So…whether you are planning to build or are purchasing a home already on the waterfront, there are many things that you should take into consideration before making your final offer:

  • Location – is it a remote location or in close proximity to amenities?
  • Road access – Will this be a year-round home or just a summer retreat? Is it on an island or the mainland? For island properties, do you gain access by ferry or boat?)
  • View – does it offer a view of the sunrise or sunset or both?
  • Boating/Sailing/Cruising –Do you have a boat?  Is your boat appropriate for the body of water you are looking at? Some important factors to consider include: Water depth (including the seasonal variation), Dockage (protected or exposed), Launch Ramp (Gradiant of Shore Line (steep cliff or gentle slope) and; Type of Shore Line (sandy or rocky)
  • Recreation – swimming, fishing, canoeing, kayaking, windsurfing, boating, waterskiing, jet skiing,
  • Privacy – As waterfront is at such a premium lately, private parcels in convenient areas are very hard to come by. These days, "more private" typically equals "more remote"…

These are just a few of the factors that you should take into consideration when looking at waterfront property. As one of the top teams for waterfront properties in the Kingston area, we are more than happy to assist you in your search for your own piece of paradise.


 

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