It is a dream for many to have waterfront property. It is the ultimate living experience for most homeowners. Having a waterfront property is more than just about lifestyle; it’s more on a real estate investment. Living close to water not only improves the quality of life, but it also adds substantial value to your property portfolio.

Building a waterfront property is not simple. You have to be careful in planning and have proper guidance, or else, your dream will become your worst nightmare. You have to consider a lot of factors when it comes to building a waterfront property. Here are the five important things you should take care of:

Location of the land

You have to make sure that the lot is suitable for building. Even if it says that it’s a buildable lot, you have to do your own research. Some wetlands are protected by local laws which means the area is limited. You won't be able to build your home in certain areas of that land, or you won't be able to build at all. For example, is the lot you own in the middle of an animal habitat? There are animals who are protected by law, especially those animals who are endangered. Chances are you might be fined if you disturb the habitat or you might get imprisoned. To be on the safe side, get a specialist to conduct a review on your land. Elements like soil, stability and geotechnical reports should be obtained. You have to present these reports when you are getting a permit to build your waterfront property. A lot of specialists can also help you determine how close you may build your home to the water. The reports will also give you an idea about the issues you may face during the building of your home.

Learn more about your land location and any legal issues before planning to build your home in your preferred spot.

Size of the lot

When it comes to waterfront property, you get to have fun enjoying all the water. However, you have to be extra careful with this one as looks can be deceiving. Many waterfront lots can show you that there are plenty of areas to build upon. But there can be zoning restrictions where you are only allowed to build your home on that specific area. Local laws can impose a limit on the amount of building you can place in your property. This includes your home, decks and driveways. You also have to consider height and view easements of the building you are planning to do. This should be in accordance with the zoning restrictions as well as the rules of your neighbourhoods.

When planning for your property, you have to give importance to the measurement so you won’t exceed the limit imposed by your local government. You should adhere to the policies so you won’t face any complications in the future.

House materials

It is vital to waterproof the exterior of your home when you are planning to build a home near the water. To ensure your home’s safety from damage, you have to use the best home materials such as wraps, caulks, tapes, etc. Your needs will depend on some factors like the distance of your house from the water, exposure to water and wind, local building codes and soil conditions. If your area is prone to hurricanes, you have to make sure that your building can withstand strong winds and flying debris. If you are near the ocean, sea air, moulds and mildew can cause significant problems in your home. You have to choose and use the correct materials that can handle weather issues in our area. See to it that you use up to date building materials to reduce maintenance costs and problems.

Choosing a trusted builder

When building a waterfront property, you have to keep track of essential elements. This is why you will need the best professional builder possible. Choose a builder that experienced and know all about waterfront properties. An expert home builder can help you manage your expectations and assist you in handling any issues that may arise during the construction. It will be ideal if you work with a builder that has built waterfront properties before and can show you some of their portfolios.

In addition, make sure that the home building company has a team of skilled builders that can adequately assist you in determining your needs and advise you of the right design of your home. Working with the best luxury home builder in sydney will make the construction process stress-free. Although there are lots of limitations and restrictions, you would still be able to enjoy a beautiful view if you choose the right home builder.

Prepare insurance

Having a waterfront property requires more insurance than a typical home. Waterfront properties are prone to storm damage, hurricanes and even earthquake. Depending on your area, you may want to purchase multiple policies for your home's insurance. Note that insurance for waterfront properties is a bit complicated, so make sure you talk with an insurance broker who is familiar with policies regarding waterfront homes. Insurance can be a little expensive compared to non-waterfront properties, but it is an excellent option to protect your investment. Having insurance that you are comfortable with, will give you great peace of mind knowing that your house is protected.