Checklist to Follow When Moving to a Coastal Neighborhood
Moving to a coastal neighborhood presents a more elaborate challenge than if you’re planning to move inland. The key is to not get bogged down by the sheer amount of information you need to consider before making the big move. So before you think about anything else, you should first investigate the most pressing concerns for anyone who plans to live on the coast.
Why Do You Want to Live on the Coast in the First Place?
Your reasons for wanting to live in a coastal neighborhood will ultimately determine the ideal place to relocate. Do you envision the life of a beach bum who spends all their free time at the beach, or are you more interested in actually owning a boat and spending a lot of time at sea? Coastal Living advises identifying your wants, needs, and interests on the coast in order to narrow down which type of neighborhood will suit you best. Put all of these factors in a checklist and compare your compatibility with different coastal towns.
What Climate Can You Expect?
If you have some idea of where you might want to relocate, your next step is to look into the climate. If you’re planning to move somewhere in the New York state, expect hot summers and absolutely freezing winters. Meanwhile, if it’s Florida you’re interested in, Move On Moving has previously warned would-be Floridians about its intense and near-constant heat – not to mention the fact that the area is visited by a couple hurricanes every year. The climate of your future coastal neighborhood is important because it will ultimately determine the levels of comfort and safety you can expect. Include your ideal climate in your compatibility checklist.
Consider All Laws, Taxes, and Charges
If you think that following real estate laws in an inland neighborhood is complicated, wait until you move to the coast. While coastal properties have the potential to be really great investments, they also tend to come with complicated laws, taxes, and charges that not all newcomers might know about. For instance, in California, the Coastal Commission is responsible for determining the demarcation lines between public beachfront and private coastal properties. It can be a rather fuzzy line because it’s determined by how high the tide comes in, which is made even more complicated by ongoing coastal erosion in certain areas (which comes with its own permits and laws).
The highly sought-after real estate of New York’s coast is another perfect example. James McGrath documents on Yoreevo the different seller costs in New York with the transfer tax being an unavoidable expense for most real estate transactions. There’s also the flip tax, attorney fees, and whatever miscellaneous fees determined by sellers or landlords. Whether you’re planning to buy or rent your future coastal home, you need to do everything you can to be 100% aware of any and all laws, taxes, permits, and charges relevant to your targeted property. Consider all these legal, financial, and environmental factors before making your decision.
Tourism Levels Are Usually Higher
Different coastal towns have different amounts of visitors that come every year, and in most cases, coastal towns tend to attract more tourists. This is especially true during the summer months. Knowing what tourism levels to expect is important because it determines viable forms of livelihood, seasonal changes to the levels of traffic, and overall neighborhood activity. Each coastal neighborhood offers its own unique mix of attractions which in turn determines the types as well as the number of tourists that visit each year. Are you more of an entrepreneur who will likely find a way to make a living out of the constant arrival of transients, or will you be happier and more content in a quieter, lesser-known coastal locale? The expected annual level of tourism should also factor into your checklist of pros and cons.
Published at Mon, 12 Nov 2018 16:53:32 +0000