Are you looking into selling waterfront property? It can be a challenging prospect. However, if it’s done right, it can also be incredibly lucrative! Even if you’ve sold a home in the past, selling one that’s located on the water is a whole new endeavor. If you’re searching for tips for listing a riverfront property in New Bern, NC, you’ve come to the right place!
Price Based on the Water
One of the most important things to remember when selling riverfront property? You can use your proximity to the water to your advantage. Being near the river is a major selling point for a lot of buyers, and you can price your house accordingly. If you’ve never sold a waterfront property before, it might be worth it to enlist the help of a local real estate agent. They will not only be able to help you price your house right, but they will also be able to help you market the home and negotiate contracts with potential buyers.
Disclose Any Flooding Information
New Bern waterfront homes may be susceptible to flooding. It’s important that you disclose this information to your potential buyers. Is your home located in a flood zone? Has your home ever flooded before? Have you had to receive federal disaster assistance for a flood? This information is something that you should always disclose. In some cases, you may be required by federal law to let buyers know. Your transparency about flood concerns will ease the minds of buyers and will result in an easier sale overall.
Include Flood Insurance Costs
Speaking of floods, you’ll also want to let potential buyers know about the flood insurance costs that you currently pay at the home. Flood insurance is an additional cost specific to New Bern real estate on the water, and it’s a factor that buyers will want to know about up front. In your listing, try to include an estimate of your flood insurance costs. While this is simply a common courtesy, this disclosure is also sometimes required by law.
Highlight Access to the Water
Of course, you’re going to want to emphasize how close you are to the water! In your listing, include pictures of your view of the river both from inside and outside the home. You’ll also want to improve your access to the water if needed. This could involve clearing out an overgrown path or even adding a wall to make it clear how to get to the water. Being so close to the river is a huge advantage, so be sure you use it!
These are some of our top tips for listing a riverfront property in New Bern, NC. There’s no question that these properties are becoming more and more sought-after by buyers. We hope that your journey to sell your house in New Bern, NC is an easy and quick one!