Issues With Owning a Lakefront Property

Owning lake front property is often a dream for many Midland Ontario residents. Waking up to stunning Georgian Bay views and enjoying all the water sports and fun lakefront ownership affords who could argue. The following blog post will highlight some of the cons associated with owning a Midland waterfront property.

Conservation Authority/ Regulations

Lakefront properties are often under some sort of conservation authority. If you plan on adding on to the house, building an outbuilding/ shed or garage these will all have to be first approved by the Ministry.

Reduced Privacy

There will be boaters, kayakers and so forth enjoying the lake behind your home. This will greatly reduce your privacy. Many lakefront owners will opt for privacy fencing around the decking to help with privacy issues.

Flooding

Flooding can be a big issue especially in Midland and surrounding areas. Spring thaw or heavy rain can cause substantial water levels to rise. Additional flood insurance will be necessary for lakefront properties.

Conclusion

For many the pros will outweigh the cons when it comes to owning lakefront property. If you are looking to buy Midland lakefront property be sure to contact us for an in depth inspection to help avoid costly repairs.