property values hurrican: Raising Your List Price After A Flood...
- 09/23/17 10:39 AM
Word on the street says "if your home didn't flood that it's now worth 15% more than it was prior to Hurricane Harvey." This is basically hogwash. I even saw this on the local news. There is no formula or rational to say "15% across the board." As with any property valuation, you have to look at each neighborhood individually and compare apples to apples. It was this way before the flood and it's that way now.
Let's discuss the neighborhood of Estates of Completely Flooded in Cypress, Texas where almost EVERY single home flooded. Consider the scenario were 10 homes didn't flood,
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