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Expert tips for buying waterfront property

Tuesday, June 30, 2020   /   by Leslie Tadin

Expert tips for buying waterfront property

There’s no shortage of amazing waterfront homes in Green Lake, West Bend, and other nearby communities. Choosing is the tough part. But that’s why we’re here — we’ll help you go through a wide selection of Green Lake waterfront homes for sale and choose the one that best suits your lifestyle. Here are some expert tips.

Work with a waterfront specialist

Enlisting the services of a real estate agent who specializes in Wisconsin waterfront homes for sale will spare you a lot of the headache. Not only do they know what to look out for when purchasing a waterfront home, they can also give you access to exclusive listings that are not being advertised in the MLS.

Waterfront experts will help you evaluate the overall condition and desirability of a property. For instance, they can help you determine if the home has considerable wear and tear from the elements, whether the location is accessible, and how water conditions can affect your enjoyment of the property.

Take your lifestyle into consideration

If you’re purchasing a waterfront property for use as a vacation home, you have to ask yourself how often you can come out to visit. Ideally, the property should only be within a day’sdrive so that you can make the most of it.

While it makes sense to rent out the property when you’re not using it, experts caution against overestimating occupancy rates and rental income —while peak season generates a lot of demand, it might not be the same story during off-season.

Moreover, marketing and operating a rental is a big job in and of itself, unless you work with a property manager — in which case, be prepared to pay the necessary fees.

Perhaps most importantly, do you enjoy water activities? Do you see yourself taking full advantage of the property’s location? A lot of buyers don’t bother with this question, since they are more concerned with the prestige of owning a waterfront home. But it is worth asking: do you genuinely enjoy boating, fishing, and kayaking? Then you stand to benefit a ton from waterfront living.

Think property over structure

It’s easy to fall in love with a house with views of the water.

Experts recommend choosing property over structure —by taking things like water quality, population density, location, lot orientation, and the condition of the beach into consideration.You can always get the house renovated, but you can’t do much about its location and the immediate environment beyond regular clean-ups and bulkhead maintenance.

Ready to invest in waterfront property in Wisconsin? Let the Emmer Real Estate Group assist you. With offices in West Bend and Green Lake, we can help you find your dream home. You can reach us here. You can also contact us at 262.629.4747 and ContactUs@EmmerRealEstate.com.

Emmer Real Estate Group, Inc.
Jim Emmer
4508 Dollar Dr.
West Bend, WI 53095

IDX information is provided exclusively for consumers' personal, non-commercial use. Data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, provided by seller, listing broker, and other parties, may not have been verified. Copyright 2024 South Central Wisconsin MLS Corporation. All rights reserved.
Information is supplied by seller and other third parties and has not been verified.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 – Multiple Listing Service, Inc. – All Rights Reserved
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