Living on the water is a dream for many, but purchasing waterfront property requires careful consideration and timing. Whether you’re eyeing a home on the Intracoastal Waterway or along a canal, there are key factors to keep in mind, especially concerning bulkheads and foundations.
Importance of Timing Your Visit
When viewing a waterfront home for the first time, timing is crucial. If the property is on the Intracoastal or a canal, it’s essential to visit at low tide.
This allows you to inspect the bulkhead entirely. At any other time, you won’t be able to see the bulkhead support system fully, and most signs of damage often lie below the waterline.
Inspecting the Bulkhead
The bulkhead is critical for protecting the property from water intrusion and preventing land erosion. Look for signs of bowing or deterioration. For instance, a bulkhead that bows out or shows significant wear could collapse in a major storm.
Sometimes, the damage is only evident at low tide, making a thorough inspection imperative. If there are no tie-backs to hold the structure in place, soil erosion will continue, leading to potential property damage. If you find a bulkhead in poor condition, getting it repaired before moving in is advisable.
Foundation Issues
Waterfront homes are also prone to foundation problems. Watch for cracks at the roof line or shifting in brickwork, as these can indicate serious foundation issues. In such cases, it’s wise to get a separate foundation inspection beyond the regular home inspection.
Many foundation companies offer free inspections, providing you with an understanding of the damage and repair costs. This knowledge can be a powerful negotiation tool with the seller too.
Corrosion and Maintenance
Waterfront homes face another common issue: corrosion on metal fixtures and fittings. This is due to the humid, salty environment, necessitating more frequent repairs or replacements compared to inland homes. Regular maintenance is crucial to keep your property in good condition.
Make a Prompt Decision
While potential problems might seem daunting, hesitation is not your friend in the waterfront property market. There’s a limited supply of waterfront homes, so if you find a property you love, even if it needs some repairs, put in a solid offer quickly.
Steps to Secure Your Dream Waterfront Home
- Set Your Budget: Get preapproved for a mortgage to understand your budget.
- Find an Experienced Agent: Work with a Jacksonville real estate agent who understands the intricacies of purchasing waterfront properties.
- Curate the Perfect Offer: Your agent can help you craft a compelling offer to secure the home.
Buying waterfront property in Jacksonville can be a complex process, but with the right knowledge and professional guidance, you can navigate it successfully and find your perfect home on the water.
For more detailed information about bulkheads and foundation repairs, check out our interviews with the experts in our video on bulkheads and our video on foundation repairs.
Optimize your search for waterfront property with these essential tips and ensure your investment is sound and secure.