If you are planning to purchase and move permanently into any of the listed homes for sale in Gloucester MA, then you must consider some important factors before making a final decision. After all, a home purchase is a long-term investment you need to approach with caution. While it’s advisable to contact a reputable real estate buyer or broker for information, it still helps that you personally have an idea where you are investing your money.
Why settle in Gloucester, MA?
Gloucester is well-known for its harbors, thriving fishing industry, and numerous tourist locations that offer an extensive list of water-related activities. In fact, most people, especially retirees, opt to buy a house near a body of water for its relaxing and gorgeous setting. Choosing the right home in scenic Gloucester is fun simply because the city is almost entirely surrounded by water. If you love fishing, kayaking, boating, and swimming, then choosing a home to permanently live in here is the right move for you.
Aside from a fantastic view, Gloucester has a number of amenities available to its residents. It is also located strategically so that everything – from quality schools to fantastic restaurants, are all within a commuter’s reach.
Factors to consider when choosing a home in Gloucester
First, you need to be aware of any zoning concerns in the area. This step is usually done regardless of whether the real estate property is near a body of water or not. Being aware of zoning laws saves you the trouble of facing future problems relating to the integrity of the structure’s foundation.
Normally, you can ask your exclusive buyer’s agent if the house you are willing to purchase is right within the zone. You can also personally check the Federal Emergency Management Association website to confirm the zone areas for yourself.
Second, ask if the real estate is flood insured. Flood insurance is normally not included in home insurance so getting it is definitely optional. Though the area has a small chance of getting flooded, it can still bring you some peace of mind during the rainy and wet seasons if ever you decided to purchase property here.
You also need to be aware of long-term development plans of the city. It would be a pity to purchase a small parcel of real estate only to find out that the neighboring areas will soon be converted into a shopping mall or something similar. You can normally visit the city’s official website to get an idea of the government’s structural plans. Learning about the city’s development plan can help you avoid the hassle of living in a busy area, particularly if you are after some peace and quiet in your new home. Visiting the city’s website can also make you aware of several ordinances, like the waste management system, which is being implemented in the city.
Lastly, you need to consider the structural integrity of the house itself. Ask a home inspector or your home buyer advocate for possible future problems, particularly about water seepage or leakage since the home is near a body of water.
By checking on these things, you will be able to live in your dream home with fantastic water view to boot.
Call us at Buyer’s Choice Realty today for a no-obligation consultation about Gloucester MA real estate as well as our services. Our Office: 978-468-2138.