Reply to Where should we buy our beach home?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP again - or would it be better to save our money and just do rentals? I like the idea of hosting and having a “compound” for my children when they are adults with their own children, but maybe the long-term commitment is not worth it?[/quote]

We're also on the fence. I grew up with a big family beach house but depending on how many kids you have and where they end up as adults your house may not be what they want as adults. Not everyone (or every spouse) wants to travel with extended family and stay in a house. They may not live close enough for it to be convenient. They may want their own space, etc etc. Point is, get it if you'd enjoy it but don't count on the family compound concept working out long term. [/quote]

So, to clarify, if someone were to tell me “This house meets your requirements and my crystal ball tells me it will definitely be around in 40 years” I would buy in a heartbeat! My uncertainty is not around whether I want to have a compound or not. It is around where to locate it so it sticks around for a long time. Or if there are no places within 3-4 hour drive like that, then save my money for rentals instead of buying a soon-to-be-extinct home.[/quote]

I have a house 2.5 miles back from the beach in Bethany.   In Bethany Meadows, and it's just outside the flood plain.  I love the neighborhood, but the houses are far more modest than what you are talking about.  However, there is a lot of construction with bigger homes just to the west of me.  You can check the flood plain for Delaware here.  https://floodplanning.dnrec.delaware.gov/

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