If you’ve been following real estate trends lately, you may have noticed that there’s a spike in people wanting to live on the water. People have always wanted to live by water, but the craze in real estate right now is floating homes—which are built on the water. If you’re looking for something unique or like to feel at one with nature, you might want to buy a floating home. They’re not just houses on water. They’re part of a community. These homes are eco-friendly with tons of benefits. When you buy a floating home it can be styled like any other house, complete with its own dock and waterfront views. It’s a lifestyle, really.
Let’s explore this growing trend and figure out if it might just be the next big thing in real estate!
1) Floating Homes are Often More Affordable
Floating homes are a big trend in the Bay Area. These unique properties are becoming more popular as people look for ways to escape rising real estate prices. Studies have shown that these types of homes are becoming more and more popular in expensive coastal cities, and are often cheaper than traditional homes that are for sale in the same area. When considering costs, it’s easy to see why they’re so appealing, especially for first-time buyers.
2) The Growing Need For More Housing
Floating homes are an innovative solution to combat the growing need for housing in coastal areas. They can be more eco-friendly and sustainable, but they still have plenty of space inside. The idea behind floating homes is that they allow families to live in a more sustainable dwelling without the added expense of buying land. Rather than building these types of structures on top of the ground like traditional homes, they’re built on top of water, instead. This means they not only provide people with a place to call home, but also promote environmental responsibility by conserving natural resources and living in harmony with beautiful wildlife habitats.
3) Floating Home Communities
Floating homes allow people to live in close-knit, friendly communities, and many people value this sense of belonging. They are also a popular lifestyle choice for nature enthusiasts because they’re so close to water and natural beauty. Nature-lovers often buy a floating home because it allows them to live close to wildlife habitats with minimal disturbance to these environments—while still enjoying all the comforts of home.
Buy a Floating Home
Floating homes are a lot of fun! They’re affordable, sustainable dwellings that offer plenty of space for families, too. If you love nature and want to live in a small community, then this may just be the perfect fit for you. With floating homes available in many different designs, it’s easy to see why these types of properties are quickly becoming popular with people who desire an alternative lifestyle, or less costly living options.
Do you need help with escrow? At Bay Area Escrow, we’re here to help make your dream purchase happen by providing experienced escrow services throughout the San Francisco Bay Area, where many of these homes can be found. Contact us today by calling (925) 831-9099 to learn more about the process.