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[quote=Anonymous]Me and my wife are in the process of making an offer on a home located next to a creek. The creek is in front of the house as opposed to the back. My wife really loves this house but I am concerned about future resale value. This house was sitting on the market for almost a year and we think the proximity to the creek may have something to do it. I could see families with young kids passing on this house but that could be addressed with fencing which we plan to do if we buy this house. We had an inspection done and no issues were found. The creek is not deep at all, water does not stagnate. This house will be our forever house. While I am concerned that when we decide to sell this house 20 years from now we may face the same issue the current owners are facing now, my wife’s argument is that we shouldn’t be concerned about resale value 20 years from now because we do not know what will happen in 20 years. While this will be our biggest investment so far, our potential mortgage/tax/insurance will be 20% of our take home pay and we are putting 20% down.
The creek is in front of the property and according to FEMA’s flood map it’s in a minimal flood zone. And flooding has never occurred in this particular area. The house is in NJ. We just moved here from DC. We both grew up here just not next to a creek lol[/quote]

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