Are you getting ready to buy a cottage? Chalet? Or Cabin? Congratulations! All three can be fantastic nearby getaways depending on your lifestyle and needs. However, like every property you purchase before you sign on that dotted line, there are a few questions you must ask about the building, land, and surrounding areas. Don’t be caught off guard because you didn’t ask these 4 questions.
- How Much Is the Insurance?
- How Do I Access The Property?
- Can I Drink The Water?
- What are the Maintenance and Utility Costs?
Before buying a recreational property ask your agent or the previous owner to show you the last utility bill. You might be surprised to find out how much it costs to get hydro to your little oasis. Not to mention maintenance and upkeep costs are all season long, even if you aren’t there. You may need to pay someone to plow your road, watch out for fallen trees or clean up after a storm.
You should always visit a recreational property before you buy it. Once there, you should also ask about the landscape, property lines and septic system. Knowing all of this will help you to make the best decision when deciding what property to buy.
If you are looking to buy a recreational property click here to see how Knowledge Broker can help you find your own getaway home.
At Knowledge Broker, our goal is to create an open-source of information for all our clients. We want to ensure that, at the end of the day, they get exactly what they want and what they need. If you know someone who could use our help or services please put them in touch with us or send us their details using the contact information below. And before you go, click here to take the Knowledge Broker Quiz and see exactly what we can offer you!