Would you consider a house like this one with flood factor 10/10

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This is what

"Within the next 10 years, this property has a 91% chance of 1 inch of flood water reaching the building at least once. Within the next 15 years, this property has a 97% chance of 1 inch of flood water reaching the building at least once."

1 inch? Not worried. Do your homework OP but 1 inch doesn't worry me.


Part of my message got cut off. Meant to say "this is what Flood Factor data says"


If you look at the actual flood risk map on floodfactor.com, even the worst case scenario (the 0.2% risk) doesn't get water -- or even that close to -- to the house.


PP here - the "flood factor" data is very misleading in general. I wouldn't trust it, or at least I wouldn't rely on it to help me make my decision on whether or not to buy.
Anonymous
Yes. Most of the beach houses also have 10/10.
Anonymous
Call a flood insurance agent. Only they know risk on a specific house. Need access to FEMA Flood insurance system
Anonymous
My biggest concerns would be 1) the high cost of flood insurance; and 2) 1-inch of water is actually significant. Think about how much of the land will be underwater and not useable.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This is what

"Within the next 10 years, this property has a 91% chance of 1 inch of flood water reaching the building at least once. Within the next 15 years, this property has a 97% chance of 1 inch of flood water reaching the building at least once."

1 inch? Not worried. Do your homework OP but 1 inch doesn't worry me.


Part of my message got cut off. Meant to say "this is what Flood Factor data says"


If you look at the actual flood risk map on floodfactor.com, even the worst case scenario (the 0.2% risk) doesn't get water -- or even that close to -- to the house.


PP here - the "flood factor" data is very misleading in general. I wouldn't trust it, or at least I wouldn't rely on it to help me make my decision on whether or not to buy.


+1
Completely agree
Anonymous
Anonymous wrote:Looks like it’s set on higher ground. I’d give it consideration. We avoided houses that were on the down hill.


+1. If you look at the flood map on Redfin, the dark colors aren't near the house structure.
Anonymous
Anonymous wrote:
Anonymous wrote:Looks like it’s set on higher ground. I’d give it consideration. We avoided houses that were on the down hill.


+1. If you look at the flood map on Redfin, the dark colors aren't near the house structure.


Yes, the property will flood, but it doesn't look like the house itself will. The Flood Factor map is putting the locater dot down right in the creekbed instead of on the house.
Anonymous
I don't see how that house could possibly flood unless there are hills in front of it dumping water toward the home. That creek is way, way lower than the house.

You should look at the county GIS topo maps.
Anonymous
I personally wouldn't consider it because it has a septic tank and well water. Those are both hard "no" features for me. But the flood factor would definitely give me pause.
Anonymous
Flood factor is a crock. I hate that they added it to Redfin.
post reply Forum Index » Real Estate
Message Quick Reply
Go to: