Virani

Waterfront Living: The Advantages and Disadvantages

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Waterfront living is a lifelong dream for many people. Living near the water has many advantages as well as disadvantages, so you should be prepared if you want to find out if it is the right lifestyle for you.

Advantages:

  • Houses near the water are always in limited supply and they are more desirable, hence they will retain their value longer and may be considered as a good investment.
  • There is a level of peace and tranquility that you cannot find anywhere else. The sounds, the smells, the air all bring you a peaceful level of calm.
  • You can have some spectacular views regardless of the weather.
  • Waterfront homes offer you a higher level of privacy. Rather than staring at another home, you have beautiful sunsets and sunrises. You can also rest assured that new properties will not pop up overnight, or in close proximity.
  • You are close to many water activities, which can be a lot of fun and lead to a healthier lifestyle.

Disadvantages:

  • There is increased exposure to natural risk, as sea levels can rise, storm surges can erode shorelines, and properties are more susceptible to wind damage.
  • Insurance premiums are typically higher and in some cases, expensive flood insurance may be required.
  • Waterfront homes may require more maintenance due to the humidity, dampness and salty air that can impact the exterior of the homes.
  • Water can also be a breeding ground for insects and other animals, which can be a nuisance.
  • If you don’t own the land at the edge of your property, the public may have legal access to your shoreline. This can impact your privacy and your home can be vulnerable to theft and vandalism.

To learn more about Virani Real Estate Advisors or to discuss a property, fill in this form, visit one of our offices, or call 604-913-1000.

 

More to explorer

September 2021 Founder’s Message

The Conference Board of Canada states that the country’s economy is expected to make a full recovery from the global pandemic. Canada’s

WE’RE HERE TO HELP

Connect With Us

Let's Chat


MESSAGE SENT!

Thanks for contacting us!
We will get in touch with you shortly
I consent to be contacted by Virani Real Estate Advisors and I agree to the Privacy Policy.

Let's Chat


MESSAGE SENT!

Thanks for contacting us!
We will get in touch with you shortly

Continue Browsing
I consent to be contacted by Virani Real Estate Advisors and I agree to the Privacy Policy.

105 – 100 Park Royal S West
Vancouver, BC, Canada
Tel: 604 913 1000


MESSAGE SENT!

I consent to be contacted by Virani Real Estate Advisors and I agree to the Privacy Policy.

This website uses cookies including third-party cookies, which allow us to obtain information about your visit to the website. Please review our Privacy Policy if you would like to learn more about the cookies used on this website. By continuing to use Virani’s website, you consent to the use of cookies.

Let's Chat


MESSAGE SENT!

Thanks for contacting us!
We will get in touch with you shortly

Continue Browsing
I consent to be contacted by Virani Real Estate Advisors and I agree to the Privacy Policy.