Post Hurricane Sandy has resulted in a major rebirth in Long Beach, NY. Most of the oringinal bungalows were destroyed as a result of the surge that flooded the area.
If you have not visited the West End Area of Long Beach, NY in the past two years, you will probaly not recognize it. The ampunt of rebuilding that has been completed is amazing. The biggest change is that the new houses that have been built are much higher in order to be FEMA compliant and they are brand new. The highest priced bungalow sold post the housing crisis in 2007 was approximately $410,000. These bungalows were usually 2-4 bedrooms and 1-2 baths with square footage of about 800-1000 square feet.
The new FEMA compliantt homes are now three stories high with parking and storage on the ground floor and the square footage has almost doubled. Prices for these new homes are ranging from about $600,00 to bout $800,000 depending on features and amenities.
Not only has the housing stock changed dramatically but the businesses and restaurants that have been rebuilt are new and improved.