3 Ways to Increase the Value of Your Waterfront Home
If you own a waterfront home, you're already sitting on a great investment. But we asked Tampa realtor Daniel Westbrook, who deals extensively with waterfront property, to name three improvements that would have the biggest impact on value.
1. Expand Your Dock - With the price of waterfront property increasing so rapidly already, buyers now have more money and probably bigger boats. "Buyers looking for property might have a 30-, 40- or 50-foot boat. Make your dock ready."
2. Add a Deck - People who buy waterfront property want to spend time on the water (in a boat) and next to the water (on a deck). Adding a sun deck onto your dock creates more space to hang out and enjoy what most people can't.
3. Carve a Backyard Path - Laying a path leading to your dock, adding lights and installing trees or other landscape features creates a more pleasing, organized flow from the house to the water. It also helps night visibility, so you and your friends can stay outside longer.