According to Roy: Fresh water canal living
"According to Roy" is a bi-weekly article that features local real estate broker Roy Barker explaining the ins and outs of the Cape Coral real estate market.
So, you want to live on the water, but can’t afford, or don’t want, Gulf access? There is a great solution, fresh water.
Half of the canals in Cape Coral are fresh water. Fresh water canals, for the most part, look just like salt water canals, they just don’t lead to the open water of the Gulf. Most fresh water canals are separated from the Gulf access canals by weirs, which are like a dam. The fresh water may flow over the weir into the salt water, but you can not boat across it.
With Gulf access canals you can get to the river, the Gulf and any other salt water canal. However, with fresh water canals you are limited to the waterways connected to that canal. Some of these canal systems have lakes attached. Others have basins or just canals. Some ‘canal systems’ are very small with only a few blocks of water
available. Others have many miles of boatable canals attached.
The price of these canal properties will also be determined by the amount of water available from the property and the view. One area, which we call the ‘chain of lakes’ has quite a large canal system with several large lakes. This is one of the higher priced fresh water canal systems.
Another difference between Gulf access and fresh water canals is the treatment of the waterline. In Cape Coral all salt water canal properties are required to have a sea wall in order to build a home. With fresh water canals you have three options; sea wall, slope the yard into the water, or rip rap. Most homeowners choose to build a sea wall, but you at least have an option.
Not all Cape Coral homes are on the water. Next we will take a look at the off water home option.