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Waterfront Properties: Worthy Investments to Make

Waterfront homes for sale in Charleston, SC are more than just trophy properties, though they will certainly look good on your real estate portfolio – they’re also worthy investments that increase in value, both tangible and intangible, over time.

Here’s why you should consider buying a waterfront home in this wonderful city.

What counts as a waterfront home?

According to Bigger Pockets, any property that is within close proximity to a body of water, whether that is a lake, pond, river, canal, or ocean – natural or artificial – is considered a waterfront property.

The choicest waterfront properties provide water or beach access, command views of the water, and offer complete privacy so that you may enjoy your home’s coveted location.

Because these properties are perceived to be trophy properties, they are highly sought among buyers and typically command higher prices.

And since structures near water are exposed to the elements, waterfront homes are often constructed with steel, glass, and other materials that are better able to withstand the corrosive effects of the environment.

The benefits of owning waterfront property

  • Lifestyle – Experience the ultimate vacation lifestyle when you purchase your own waterfront home. You’ll also enjoy the peaceful and laid-back atmosphere that pervades most waterfront communities in South Carolina, as you find yourself enveloped by nature and the calming effects of water.
  • Recreation – Living steps away from the beach or boardwalk gives you countless opportunities for outdoor recreation. Enjoy swimming, kayaking, boating, and fishing in your own time. Charleston also brings you a wide range of amenities, including golf courses, spas, shops, and restaurants, to keep you busy.
  • Views – The choicest waterfront homes command views of the water in every room. Wake up to the sun rising over the horizon. Watch the sun set in the comfort of your own patio. Fall asleep to the sound of the waves.
  • Resale value – Because waterfront property is limited and highly sought, it tends to have good resale value so long as you maintain the property and water quality in your area remains high.
  • Entertain friends and family – One of the greatest joys of owning waterfront property is the opportunity to share the wonderful view and location with your loved ones. Friends and family will start asking to visit as soon as you announce the purchase of your new home, so get ready to play host.

Tips for choosing waterfront property

  • Inquire about property restrictions – Before you get carried away with renovation work and upgrades, inquire about any rules and restrictions that apply to the property. The local government typically requires waterfront property owners to submit a plan before making improvements to their homes.
  • Get insured – Flooding is rare is Charleston, however, you can’t put a price tag on peace of mind. Getting sufficient coverage will help protect your investment.
  • Be realistic – Most luxury real estate experts advise buyers to choose a waterfront home no farther than five to seven hours’ travel from their primary residence if they intend to get as much use out of it.

Curious about waterfront living in Charleston, SC and the surrounding areas? You can reach Robert Taylor Luxury Properties here. You can also get in touch with us at 949.338.8885 and RobertJSTaylor(at)gmail(dotted)com. We assist high net worth individuals in search of exclusive listings.