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The pros and cons of buying a waterfront home

The pros and cons of buying a waterfront home Bankrate 1/14/2021 © Barry Winiker/Getty Images Boat on the water in Jupiter Florida Buying a home with stunning views of the ocean or a beautiful lake is a dream for many, but a slice of paradise comes with costs that can be difficult to anticipate or plan for. Here are some of the upsides and downsides of purchasing a waterfront home. Buying a waterfront home: Pros Waterfront properties are highly desirable for a multitude of reasons. Who can argue that living on the water isn’t a relaxing, uplifting experience? Anyone who has sat on a beach or stayed in a waterfront house can attest to the near medicinal effects of the sound of lapping waves and seagulls, says Robin Kencel, a real estate agent in Greenwich, Connecticut.