The housing market can seem like a roller coaster ride at times, with prices going up and down. Many people are discouraged by this kind of uncertainty, but there is one type of home that’s showing significant growth in demand. If you’re thinking about investing in real estate, now might be the time to buy a floating home. If you’ve ever wanted to live closer to nature, this is one hot real estate trend you won’t want to miss. Read on to learn more…
Is Now the Time to Buy a Floating Home?
Buying a home of any kind is one of the most important decisions you’ll make in your life, and also one of the biggest investments. These are some of the top reasons why many Bay Area residents have their hearts set on buying a floating house of their own:
1) A Greater Sense of Community
Floating homes are built in unique water-based communities, so residents are often more likely to feel a sense of belonging. The main location for these small communities is on coastal waters, where residents have access to some of the most beautiful scenic views around. These tight-knit communities often draw artists and other creative types who have an adventurous spirit and an appreciation for the simple things in life.
2) Scenic Views
When you buy a floating home, you’ll enjoy being able to live right on the water, with access to things like boating, fishing, and paddle boarding—all outside your door. These homes are often less expensive than a traditional residence, too, because they don’t include a big backyard. Instead, you have a waterfront view, perfect for enjoying quiet mornings on your deck.
One of the reasons floating homes are becoming so popular is because they offer a more eco-friendly lifestyle that feels closer to nature. Many floating home buyers are looking for a way to live more sustainably, with less impact on the environment.
4) Affordable Waterfront Housing
Homes with a view are often too expensive for most people to afford, but floating homes are usually more affordable because there’s a lot less land that needs to be purchased. Since floating homes are predominantly water-based, they don’t take up as much land as other types of building structures. This means the price tag on the home may be lower, making them a great option for first time buyers who want to enter the real estate market.
Changing Your Lifestyle
If you’re interested in buying a floating home, make sure you do your research first, and take some time to find the best location. You may also want to consult an expert for more information on how these homes are regulated or taxed differently than traditional houses.
Buy a Floating Home
If you’re looking to buy a property and need help with residential escrow, don’t hesitate to give us a call at Bay Area Escrow by dialing (925) 831-9099! We can help you navigate this new and exciting market with confidence.