Posted: August 28, 2014 | By: Christin Camacho [Redfin]
With Labor Day weekend just around the corner, millions of boat owners will be fueling up their tanks in preparation for the last big hurrah of the boating season. According to Discover Boating, an estimated 89 million Americans go boating each year. If you’re one of those boaters, you’ve probably dreamed of owning property on a river, lake or ocean and living the ultimate American Dream. To help guide you in the right direction, Redfin worked with our friends at Discover Boating and The Weather Channel to determine which major metropolitan areas have the most waterfront property for sale, the longest boating seasons, the most boat vendors and the largest boating communities.
But before diving in to waterfront homeownership in one of these areas, be sure to talk to a Redfin real estate agent. “There are a few things to keep in mind before buying a waterfront home,” said Cyndy Stewart, a Redfin real estate agent in Austin. “Most properties will require flood insurance, which increases your overall monthly costs. You should also research how much the water ebbs and flows; if the water levels have been declining due to drought and overuse, your home might not be on the waterfront in 10 years. If your dream is to build a private dock, you’ll need a permit, so you should also do your research on that first.”
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