Posted June 21, 2017 07:00
We are in that time of the year when the only thing that we think is to travel to enjoy the sun and the heat. Although the idea of getting a cottage sounds very attractive, there is also a series of issues that comes with this type of property. The maintenance of a cottage is usually different than the one of a house in the city. For example: what is the source of water and sanitation infrastructure?, what form of heating does the property use? Cottages often present costs and concerns that go far beyond where to buy firewood for the fireplace. If you are thinking of buying a house out of town, it is best to get advice from a real estate agent that has experience in this part of the market and understand their characteristics. It is also a good idea to find a person who knows the area where you plan to buy. Keep in mind that if you go only for 6 months, mortgage payments, insurance and taxes are mandatory throughout the year. Personally, I recommend hiring a professional inspector who knows about recreation properties so they can check the status of the house that you want to buy. This person will be able to identify problems related to the main house systems, including heating, cooling, plumbing and electricity. In addition to the large systems we generally do not care about in the city: the water source and the septic system. Request quality control of the water. It is also ideal to hire a water inspector to make sure that you have enough water to use and that the installation system meets provincial standards. The status of a septic system is more difficult to determine. Your agent can request the record of services. It is also important to remember that septic systems are not included in property inspections. You will most likely need a specialized inspector to ensure the system is working properly and has been installed following provincial standards. The access roads are also something that you should take into account. Make sure there is a route that you can go through every month of the year regardless of weather conditions and that you do not have to go over other properties to get to yours. You should also consider transportation costs from your house to the cottage. In the same way, access to the beach or lake is important. Do you have direct access? Do you need permits to cross a nearby property? How formal and secure are these permits? Clarify with your agent if you own the shoreline or if you have the right to use it. If the property is classified as seasonal, does the municipality offer emergency services or clean roads in winter? How are the neighbouring properties organized? Could a new development interfere with your comfort? These are questions that you must have clarified before introducing your first offer. Having a place to relax in the country is good, however, it is very important that you take the appropriate steps before you start a buying process. Do not hesitate to contact us if you have plans to buy a cottage, we will gladly advise you and answer all your questions.