How will the recent catastrophic flood in Southwest WA. affect home values in Centralia, WA?
Yes flooding will affect your home values. See the attached findings that share the outcome of such issues in various areas. Now that it has flooded in the area that will have to be disclosed when you decide to sell. In some cases properties can be greatly affected in valuation due to natural disasters or acts beyond your control. I would be loathe to state what percentage decline you might see in this situation as each area is different and truly it is dependent on what a buyer is willing to pay and until some properties in the area sell after this upset it is hard to forsee the outcome of the price change. So sorry for the misfortune of the people this truly affects.
