You want, need, have dreamed of being on a lake, or the ocean or a river in Maine.The property you look at that makes your heart pick up a beat, race as you dream may have a cottage or a home on it already. And when you kick the real estate tires, the place may look tired, weary and even like a pile of rotten boards not built right in the first place. Or just neglected and beat up by the four seasons of Maine with no captain of the ship due to out of state owners, death or plain old lack of money. Often squabbling families trying horribly to share the place, the responsibilities divides the family and they all end up staying far far away.
Or it was built by someone that was hammered themselves...while they sloppily guides a blurred hammer to construct the place Jack built so to speak.But it is grandfathered in, right on the water, cleared of trees and what a spot...280 degrees or more view of a lake, river, ocean right in your lap. As you gulp at the price tag and turn to the real estate broker to ask don't they think that is alot of money, he or she smiles. And they say in few words "turn around..that is what you are buying". Waterfront is never in enough supply and not something everyone can afford with local pay scales of where it is located in Maine. It is something that a buyer purchases using their heart and not always their head. But it will give the buyer a return as it always increases in value. They can rent the place out if they are careful and the same super people make the place their hideway for a week's vacation every year...pestering you to consider selling it but you won't and hope it stays in the family. You think your kids might not be able to swing waterfront the way it escalates in other areas and your grandchildren will thank you someday after you are long gone for reaching, buying the spot in Maine on the water. As a Maine real estate broker, putting together simple videos of events on the waterfront can help show how unpopulated, how clean, how fun and dependent folks become on the local waterways. Like this annual ME canoe race video for Meduxnekeag River in Houlton Maine shows.
Why does it go up and up? Shortage..only so much of it. Folks will do anything to be on the water, to have a lake, the Maine ocean, or a river, brook for a neighbor four seasons. Another reason for the jump in the price on the waterfront tag hanging from the real estate? Stricter environmental legislation that makes building on unimproved land harder and harder with setbacks and overall activity as more folks get the same bright idea to flock to a Maine waterfront parcel. Do this, don't do that and septic designs/well permitted locations to stay clear of someone else's well and septic all part of the fun and games of construction/modification within the 250 shoreland zone around the waterways in Maine.
But even with greater activity around the lakes, in Northern Maine still lucky to have fewer people. And you don't see the building one, two, three or more back from the water and right of way to the lake situation. We are spoiled, right on the front row, edge of the water in most cases. The lakes are crystal clean, not messed up. No milfoil or other evasive plant life, concern for soil erosion choking fish and properly working septic systems always a concern as property owners. They are always vigilant, good stewards to protect the lake resource and also because it affect their wallet and property value if they don't look after the waterfront they are lucky to own or to have inherited and share with family members.