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re: Are some of the nicer neighborhoods in BR that got flooded going to go down?
Posted on 8/19/16 at 12:43 am to Fat and Happy
Posted on 8/19/16 at 12:43 am to Fat and Happy
quote:
Even though it would be a serious A hole move, saying your neighborhood didn't flood will be a definite selling point for anyone that doesn't want to live in previously flooded areas
Why would that be an A hole move? You are required by law to disclose if a place has flooded. You also see tons of listings saying NO FLOOD INSURANCE REQUIRED.
It is a legit selling point.
0
Posted on 8/19/16 at 12:43 am to theantiquetiger
(no message)
This post was edited on 12/21/16 at 6:39 pm
Posted on 8/19/16 at 12:49 am to theantiquetiger
quote:
$2000 a month in rent
Posted on 8/19/16 at 1:18 am to theantiquetiger
This neighborhood is old and the area around it has gone to shite.Only people interested in would be for the school and that's not many
Posted on 8/19/16 at 3:16 am to tigersmanager
quote:
This neighborhood is old and the area around it has gone to shite.Only people interested in would be for the school and that's not many
The houses back there are very well kept, even a couple of newer construction homes. There are a bunch of young families in the neighborhood as well. It's been a pretty stable, good neighborhood for a long time, similar to Shenandoah. Millbrook is in similar shape, although I agree Camelot has some dicey looking streets. Its a closer, solid area for people who don't want to make quite as long of a drive as say, Gonzales or Zachary. Woodland Ridge is gonna be fine.
This post was edited on 8/19/16 at 3:17 am
Posted on 8/19/16 at 6:42 am to gorillacoco
There are a lot of older couples in both Camelot and woodland ridge, if older folks leave then to me its more of an expedited flipping of the neighborhoods from old to young. Only about 20 houses out of 200 in Camelot flooded. Many of the older folks I've spoken to have said they've lived there over 35 years and have never had flooding in the street let alone in their homes.
This event truly was catastrophic and would be kinda silly to think this will happen often.
This event truly was catastrophic and would be kinda silly to think this will happen often.
Posted on 8/19/16 at 6:57 am to BengalBlood81
Yeah my home was the last home in the AE flood zone. I did not have water in my house. The water came up within 1-1/2 to my slab.
I did staple a note on one of my attic rafters with the flood stage of the Amite River, flood stage local bayous, 1-1/2 from coming in never flooded, and date signed by me.
This way anyone who buys this place will know it did not flood, it was close make plans if the flood stage is close, and where the water came from.
One thing I have to say the people that did the AE flood plan got it right down to stopping at some mailboxes while curving not to hit other mailboxes.
They have to have a good elevation map.
The AE line on the flood map was extremely close to the actual flooding that occurred.
I did staple a note on one of my attic rafters with the flood stage of the Amite River, flood stage local bayous, 1-1/2 from coming in never flooded, and date signed by me.
This way anyone who buys this place will know it did not flood, it was close make plans if the flood stage is close, and where the water came from.
One thing I have to say the people that did the AE flood plan got it right down to stopping at some mailboxes while curving not to hit other mailboxes.
They have to have a good elevation map.
The AE line on the flood map was extremely close to the actual flooding that occurred.
This post was edited on 8/19/16 at 7:01 am
Posted on 8/19/16 at 7:04 am to theantiquetiger
The flood here in SC happened last October, and there are still stripped to the studs homes that still haven't sold.
This is in a high income area too. I'm talking about a home that sold for 200,000 that is currently listed at 99,000.
One of the issues here is that many of the flood victims were mandated to elevate their homes after the event, even though it was a once-in-a-generation type thing like yall have experienced. So now they're stuck with a property that they can't afford to update and that won't sell. There has been talk about a county buyout program, but idk if it ever happened.
This is in a high income area too. I'm talking about a home that sold for 200,000 that is currently listed at 99,000.
One of the issues here is that many of the flood victims were mandated to elevate their homes after the event, even though it was a once-in-a-generation type thing like yall have experienced. So now they're stuck with a property that they can't afford to update and that won't sell. There has been talk about a county buyout program, but idk if it ever happened.
Posted on 8/19/16 at 7:25 am to theantiquetiger
(no message)
This post was edited on 8/19/16 at 7:28 am
Posted on 8/19/16 at 7:36 am to Golfer
quote:
No. Some Episcopal family will scoop up that property from your inlaws for pennies and live there until their kids are done with school and pay for that tuition and then some with the profit.
Ding, ding, ding, ding
I understand people being highly reactionary. Having to gut your home and losing all of your worldly possessions will do that. But this kind of flooding has literally never happened in the recorded history of BR. At least not since the levies were built. You can bet that property values in the Garden District and Mid City are about to even higher.
Posted on 8/19/16 at 7:57 am to Halftrack
quote:
People like you gonna get scared and sell cheap. Others going to scoop them up and make a tidy profit!
We did this on 3 seperate properties in Lakeview. Knee jerk reactions tend to benefit those with patience and a little disposable income.
If an area was "in demand" before the flood, you will find younger homeowners trying to buy their way in on the cheap. Younger people tend to revitalize the older in demand neighborhoods this increasing their value after a few years.
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