re: Anyone seeing a big increase in their home value (non-flooded home) in BR area?

Pool, at least 3 bedrooms plus a bungalow means I could probably get around $4k/month in rent, which is $48k/yr in rent. 1 million seems a little steep, but not outrageous given the location. There are only a handful of neighborhoods in this city that are relatively insulated from traffic, conveniently located near jobs and restaurants and parks, look nice, are low crime, and didn't flood (southdowns, garden district, spanish town, Beauregard Town, capital heights, old goodwood).
There is massive demand due to the number of people who have been flooded out of their homes.

Don't be shocked by high prices in neighborhoods that have 15 minute commutes to work instead of hr long commutes.