Buying a cottage or recreational property in the Belleville Real Estate market can be just as stressful as any other property. Being able to find the right property requires planning, education and a good Real Estate Professional. Knowing what you want before looking is critical to the whole process. Below are 10 tips to help with your cottage buying experience:
- Clearly outline what your cottage needs are. Do you need a cottage that has been winterized for year round use or just seasonal? Do you need waterfront? Will you entertain and therefore need spare bedrooms for guests?
- Before you buy you should take a vacation in the area to get a feel of the region and whether it suits your needs.
- Find out how close the cottage is to hospitals, stores and other services.
- Work with a REALTOR® who knows the area well and can assist you with your search.
- Once you find the property hire a professional home inspector to determine any deficiencies in the cottage that may impact value as well as personal enjoyment. It will be money very well spent.
- If you wish to do improvements on the cottage or build an addition, check with the local municipal office to ensure that this can be done.
- Determine that the property you are interested in will provide the necessary amenities that you desire.
- Time of year has an impact on price. Fall is a better time to purchase a cottage in regards to price but spring and summer will enable you to view the shoreline better.
- Become familiar with the unique characteristics of a cottage property. Familiarize yourself with wells and rural sewage systems.
- Determine whether there are additional charges (beyond property taxes) that may be required for road clearing and grading to name just one.