Pros and Cons of Living Near Water

Within close proximity of water — lake, river, ocean, or pond — yields picturesque scenery, recreation opportunities, and a relaxing lifestyle. Views from the bank, or immediate access to nature, many envision living or renting a property in close proximity of water.

Once someone experiences their home on the water, it is usually unavoidable to dream of owning or renting on the waterfront brought upon by the natural beauty. Quite often, living next to water creates both positives as well as negatives, introducing environmental issues, insurance concerns, and upkeep.

Since living in close proximity to water is so attractive, this article discusses the rewards and risks of living by the water to assist prospective homeowners and renters to evaluate if the waterfront life is for them.


Pros of Living Near Water


Cons of Living Near Water

  • Beautiful, calming views and peaceful vibe.

  • Easy access to boating, fishing, and swimming.

  • Often higher property value and scenic charm.

  • Encourages outdoor activity and relaxation.

  • Nature and wildlife right outside your door.

  • Flood risks and higher insurance costs.

  • Home maintenance due to moisture and erosion.

  • Insects, storms, and seasonal weather concerns.

  • Higher purchase or rental prices.

  • Tourists and traffic in popular areas.

Pros of Living Near Water

1. Views and Natural Beauty
 Waterfront properties usually have stunning views. Living by or on water can accentuate and elevate the everyday living experience of one’s dwelling, viewing the morning sunrise over the lake or the ocean waves on the shore or enjoying a calm sunset over the bay.

2. Recreation
 Living on or near the water is usually advantageous, as having access to water and/or recreational facilities opens up many recreational opportunities to enjoy swimming, fishing, kayaking, boating, paddleboarding, etc. All of which yield the leisure for active individuals and families that enjoy recreation outdoors.

3. Peace and Calm
 Water has calming characteristics. Many individuals decide to live near water when they find peace and calm associated with waterfront activities. Research indicates that individuals living near water or in coastal communities feel less stress and anxiety than other nations or climates without water. Few settings recreate the textures and ambiance of a calm coastal shoreline on a summer day.

4. Potentially Higher Property Value (depending on market)
 Another popular reason for living near water is property value increase. Exterior or waterfront homes typically sell at a higher price than non-waterfront homes regardless of location. Other factors that equate to higher property values depend on location. Waterfront property appreciation varies based on location, waterfront properties in desirable locations can appreciate more than inland properties.

5. Wildlife and Nature Connection
 The closer you live to water the more opportunities you have to see fish, birds, and other wildlife. And, this promotes a stronger connection to nature.

6. Vacation-Like Lifestyle
 For many, it is like being on vacation all of the time because so many of us experience a slower pace and enjoyable atmosphere.

7. Natural Cooling Effects
 Water moderates temperatures, which can mean that the area close to water will be cooler in the hot summer months.

8. Social and Community Appeal
 Waterfront communities tend to have connectedness, with various social events taking place, often based around the water. You may even have a boating club, fishing tournaments, and a beach fire.

Cons of Living Near Water

1. Flood Risk and Insurance Costs
 Waterfront homes are generally more subject to flooding and storm surge, which in turn will likely heighten either the insurance premiums, or need for something like flood insurance.

2. Maintenance and Wear
 Moisture, salt, and humidity can lead to more frequent wear on your home’s exterior finishes, appliances, and plumbing. Increased expense could be needed for upkeep and repairs.

3. Seasonal or Weather Challenges
 Depending on location there could be hurricanes, tropical storms, heavy rain, or ice, and seasonal weather could limit accessibility and comfort.

4. Insects and Wildlife Intrusions
 Living near water means also having to deal with more mosquitoes or gnats (and maybe larger wildlife). You may need to devote attention to pest management and some safety precautions.

5. Higher Purchase and Property Costs
 A desirable location close to the water is typically at a significantly higher price. Even the same rental property might see a higher price due to being farther from the water.

6. Tourist Crowds and Noise
 If you live close to a public beach or public recreational area, then in peak seasons, there may be more traffic, noise, and people during those times.

7. Limited Access to Amenities
 Some waterfront homes can be in remote or rural areas. This might mean having further distances to schools, hospitals, grocery store, or services that are essential in your daily living.

8. Environmental and Erosion Risks
 Shorelines evolve over time through erosion, and with raising water levels could result in boundaries, or sometimes homes located too close to the water being threatened. These issues could affect both safety and value.

Conclusion

Living near the water can be a wonderful enriching way of life with recreation, relaxation, and natural aesthetics. However, it is important to understand the practicalities such as maintenance, costs, and environmental risks. Whether you are buying, building, or renting, understanding the benefits and drawbacks to waterfront living can help guide your choice whether it is a lifestyle or long-term goal.