Understanding the Hazards of Waterfront Living
We can all picture ourselves walking straight from our backdoor to our boat dock to head out for some early morning fishing, or soaking your feet and sipping on wine while relaxing on your own private beach. Aside from the many benefits of owning waterfront property, it is also important to educate yourself to what the many risks could be. A proper understanding of waterfront hazards can even help you to have more peace of mind about how to best protect your investment and the ones you love.
Living next to the water carries increased risks of property erosion and flooding, as well as wind and storm damage. Financial costs can also be affected with increases in insurance, property taxes and environmental fees. Regulations can also be in place to limit how much rebuilding, or expansion can be done to a property. It is important to research all of these factors before finding your little piece of paradise.
The North Carolina Department of Environment and Natural Resources Division of Coastal Management has plenty of resources to help you get started. Find out more by calling them toll free at 877-623-6748 or visiting them online at portal.ncdenr.org/web/cm.