Hi there ~ First off, I'm NOT a realty agent... I live here, raise a family and farm here just east of town.... While the Cannon River isn't as prone to reaching the 100yr flood mark as the nearby Minnesota or Mississippi Rivers are (smaller/shorter watershed), it still DOES flood - mostly affecting those of us outside town in the rural areas. (Seems it doesn't count unless you live in town according to the one agent that responded.) My address is still in Northfield, yet located in Dakota county. My home we purchased two years ago was built in the '60's and has been sandbagged/flooded twice - most recently 6 yrs ago (and made it to the network news along with the National Guard Armory Reserve station downtown)....and now we are just about to start placing sandbags again today or tomorow if the river doesn't drop. While we may be facing a bit of a scary time ahead of us, I wouldn't trade living and working and being a member of the Northfield community for anything in the world. I spent more than 10 yrs traveling, working and living in National Parks in some of the most beautiful areas in our country as a National Park ranger... I've never felt more at home or more happy to be settled in one spot in my life.