Building a home on the coast can bring some positively incredible views and a very distinctive lifestyle, but as with any building project, there are some important pros and cons to consider as you decide whether a home on the water is right for you and your family.
Storms and hurricanes pose a major threat to coastal homes and it’s a very realistic concern amongst oceanside homeowners. Each property is unique in terms of its risk from flooding and storm damage, so it’s wise to have the property analyzed.
If you’re seriously concerned about storm damage, you may wish to opt for a property that has been in existence for a significant amount of time. Time is the most accurate determiner of whether a specific plot of land is going to be prone to serious storm damage. So if you find a property that has been in existence for 100 years without any significant damage, then this may be an ideal property to restore (or demolish and build a new home in its place.)
Coastal homes are always designed with storm damage in mind, so your beach home will feature a number of elements and safeguards that will allow it to stand up to powerful winds, rain and flooding. There are many optional features that can be added as well, such as remote controlled storm shutters, for instance. So this is where it can be helpful to work with an experienced oceanside developer.
It’s also important to consider the impact on your lifestyle. Are you going to be keen on the possibility of evacuating every few years? Or is this a disruption that you’d prefer to avoid entirely?
A property built on the coast will have a significantly higher value than the exact same home built on an inland plot of land. What’s more, coastal homes tend to retain their value very well and if you plan on selling the property in the future, you can expect that the home will likely sell with relative ease.
There are a limited number of coastal properties available, so the laws of supply and demand dictate that your seaside home is always going to be very much in demand, which is a definite benefit, especially for investors.
Beach erosion is a major problem in many areas and this can cause serious problems for coastal property owners because there is a chance that your property and home could quite literally be reclaimed by the ocean. So while your beachfront property will definitely hold its value, it’s important to remember that it can only hold its value if it exists!
Some areas are more prone to erosion than others, so this is a point that is worth researching extensively. Many cities and towns also have measures and plans in place to counteract beach erosion, so this is also something to look into as you select the location for your new home.
Cliffside properties and properties that have a fair amount of elevation are less prone to experiencing problems due to rising ocean levels (although cliff erosion can also be a problem). And these higher elevation properties tend to have wonderful views, making them ideal in this regard as well.
There is simply no comparison to the beauty you’ll enjoy while living on the coast. Coastal living is associated with a very unique and distinctive lifestyle that many simply cannot be without once they’ve experienced it!
The views and the ability to walk out of your back door and onto the beach are perks that are without comparison.
If you’re ready to build a new home on the coast, it’s important that you work with an experienced coastal builder, architect and building consultant. “Scott Binsack,” Founder and CEO of Mansions & Estates International, has been involved with the construction of many beachside properties, meaning he’s well positioned to provide you with the guidance, insight and services you need in order to enjoy a smooth home building process.
Contact Scott Binsack of Mansions & Estates International today by calling 800.956.3855.