Detroit House Hunting: Waterfront proximity in Jefferson Chalmers

The asking price just got slashed by $15,000 on this four-bedroom colonial in Jefferson Chalmers.

• Welcome back to our recurring local real estate spotlight .

Why it matters: The east-side neighborhood is known for its historic and natural beauty, with waterfront parks, boat launches and places to fish nearby.

577 Chalmers St., $219,900

State of play: Flooring in the living areas and bedrooms was updated a few years ago, and the kitchen has been renovated with granite countertops, newer cabinets and lighting.

• The primary bedroom has a balcony overlooking the backyard and a concrete patio for outdoor entertaining.

Between the lines: Jefferson Chalmers is a great place if you like to get on the water, but it's known to be flood-prone .

• City officials have been working on solutions, Outlier reports , including the water department's Basement Backup Protection Program .

💭 Joe's thought bubble: Most home purchases carry risks — few scarier than potential flooding — but this opportunity to live near the water at a discount is worth a look.

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