The Buyer’s Guide to Oceanfront Homes

Oceanfront Homes

According to the U.S. Census Bureau, the average American moves around 12 times throughout their life. Although there are many types of beautiful houses to choose from, oceanfront homes are a dream for many.

With surf, sand, and beautiful views, other homes have a tough time beating luxury oceanfront homes. However, as when looking to buy any home, it can be difficult to find the right one.

Keep reading for a guide that’ll help you decide between the many oceanfront homes for sale.

Create a Budget

The moment you decide that you’re going to buy a house, you need to take a serious and detailed look at your finances. Your budget will be the factor that determines what sort of house you can buy the most. 

You should be able to get a general idea of the current state of the housing market with some research on your own. Look at average prices, market trends, and anything else that might come in handy. You should also consider the current state of your finances, as well as how much you can put down as a down payment.

You can find many resources online, such as mortgage calculators. Although these can come in handy, you should make sure to talk with a mortgage broker and real estate agent at some point. These industry experts will be able to give you a better understanding of what you can afford.

If you can’t afford a four-bedroom mansion, there’s no sense in pretending that you can. Be realistic and consider the implications that buying a house will have on your future finances. 

Decide on a Location

Having a clear location in mind is also important when looking at buying a house. In a perfect world, your home will be close to where you work, and also in a spot, you enjoy living in.

The reality can be quite different. There may not be a home for sale in the area or neighborhood you want to move into. This can mean that you may have to make some compromises.

If you have children, you’ll also need to consider what the local schools are like. It may seem convenient for you to live in a certain location, but if you need to drive your kids 40 minutes to school each day, the reality may be different. 

As oceanfront homes are desirable and come with a lot of perks, finding the right one can be difficult. However, with the right real estate agent, you should be able to. Make sure the agent you work with communicates with you regularly. If a home enters the market, you want to snatch it before someone else does.

Be Clear About Your Basic Requirements 

When you’re looking at buying a home, you should know your household size. You should also know whether that number is going to grow or shrink in the upcoming years.

Look at your current housing situation, and decide whether or not you’ll need more, less, or the same amount of space. You can also think about whether your current setup works. For example, if you work from home, you may need more room to be productive.

Have an idea about how many bedrooms and bathrooms you want, as well as what sort of lot you’re looking for. Do you want direct beach access, or are you okay with the house being on the other side of the street? Are you okay with a small lot, or do you need a big yard for a pet?

Consider Any Special Features

After hashing out the basics, it’s time to decide on any special features you may need. These should be less important than the general features of the house, but can still factor into your final decision.

Do you want a balcony overlooking the ocean? How about a bedroom that has two windows facing south? Do you want a fenced-in yard for kids or dogs? How about a large garage to store your tools? Take a look at your lifestyle to help you consider what you want.

A good real estate agent can also help you find homes that have some of the features you’re looking for. Understand that unlike the basic features of a home, you can add many special features and touches at a later point in time.

Remember Your Needs

In most cases, your real estate agent will show you many different homes before you find the one you want to buy. During that time, it can be easy to lose sight of what you want.

If the home has a lovely kitchen with ocean views, but not enough bedrooms for your family members, it’s not worth it to buy. Try to look past the superficial elements, and instead pay attention to structural factors and location. 

Understand that you may have to compromise some of your wants. However, the home you decide on should fulfill your core requirements. Your real estate agent can help you decide whether or not the home you’re looking at is your dream home wearing a disguise. 

Watch Out for “Bargains”

As with anything you can buy, there are cheap and expensive options to choose from. Although bargain homes may seem tempting, understand that they often come with strings attached.

Look past the price at the condition of the house. If it seems cheap, there’s a reason for that. There may be structural damage or some other problem. Depending on what it is, this may be an expensive issue to resolve.

In many cases, it’s better to go with a solid choice that you know won’t disappoint, instead of taking a risk. Although you may pay more, you’ll sleep well knowing that the house will be there the next day. 

Finding Dream Oceanfront Homes Doesn’t Have to Be Hard

Shopping for any home can be a challenge, and oceanfront homes are no different. However, by following this guide and the tips mentioned, you’ll be able to find your dream home in as painless of a process as possible. 

Do you now have a better idea of how to buy luxury oceanfront homes? Before you go finding your dream house, take a moment to first check out some of our other blog posts for more helpful guides and tips. 

Read Also : 5 Ways to Spot Structural Damage in Your Home