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Ascension home values post flood

Posted on 9/9/16 at 6:08 pm
Posted by poops_at_parties
Member since Jan 2016
1545 posts
Posted on 9/9/16 at 6:08 pm
Will homes that didn't flood, but were completely surrounded by those that did, increase in value now?
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 9/9/16 at 6:09 pm to
Not if there is no demand
Posted by JOJO Hammer
Member since Nov 2010
12457 posts
Posted on 9/9/16 at 6:27 pm to
It may be a good selling point in the short term but long term things will settle back down.

Also as things change, new construction, schools, and neighborhoods that will change how water flows. Place that did not flood this time may flood next time.
Posted by Chad504boy
4 posts
Member since Feb 2005
179858 posts
Posted on 9/9/16 at 7:05 pm to
Hasn't transpired that way
Posted by Bourre
Da Parish
Member since Nov 2012
24227 posts
Posted on 9/9/16 at 7:10 pm to
There will always be demand and value living in a top school district. Also, the major economic drivers in the area hasn't changed so people still have a source of income
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