" " " Maine's Waterfront Real Estate News: Top 3 Advice When Buying Oceanfront Homes for Sale in Maine

Thursday, July 2, 2020

Top 3 Advice When Buying Oceanfront Homes for Sale in Maine

Oceanfront homes for sale in Maine are located in some of the most serene and breath taking neighborhoods, but they are not without disadvantages. These types of structures need extra care because they are so close to the water. 

Don't worry, though—with the right information and an expert and experienced agent working with you, it's not impossible to find an oceanfront home for sale in Maine that will not be a pain to maintain.  

• Hire an inspector 

Storms or hurricanes can threaten the beach town and, of course, its oceanfront homes. This is why finding a weatherproof house should your top priority. Otherwise, you can lose your hard-earned investment in severe weather. 

Even if the house you want is in a low flood risk area, you should still double-check its construction quality. Some buyers even enlist a home inspector who can properly assess the house's structural integrity and see if it is strong enough to stand up to heavy rains and extreme temperatures.  

• Consider the house's proximity to the ocean. 

While a house closer to the water usually has a higher resale value, it is also more at risk of getting flooded. Because of this, it costs much more to insure. You don't have to worry if the house is built using top-notch materials, then living close to the water may be worth it. The point here is to weigh the pros and cons carefully so that you understand what to expect. 

• Do some research on the shoreline's history and planned future developments 

The shoreline can change due to different environmental and human factors. The water level can go down and leave your property farther away from the shore that it was originally. This is why it's important to do your research on the shoreline's history to see how it has changed through the years so you can also reasonably predict the area's market value in the future.

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