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re: Would you buy a house that flooded
Posted on 6/2/20 at 1:50 pm to Janky
Posted on 6/2/20 at 1:50 pm to Janky
quote:
Janky
Take it from someone who made this mistake:
DON'T DO IT.
The house wasn't in a flood zone, Lafayette parish was doing everything since to fix the drainage, blah blah blah. All lies.
Lafayette parish isn't doing crap, for the most part, to solve this problem. I'm related to a lawyer that is getting rich suing the city for drainage neglect that is destroying houses and businesses.
If that house flooded once, it WILL flood again.
Within a year of buying that house, a rain shower that dropped three inches in an two hours almost flooded the home. We moved out ASAP.
DON'T DO IT
Posted on 6/2/20 at 1:51 pm to burdman
There still has been little or no work to solve the main issue, the Vermillion River. The river needs to be dredged. There are other ways to lower and divert the river, but all are under different authorities in different parishes and there is no plan to coordinate them.
Posted on 6/2/20 at 1:51 pm to Janky
I wouldn’t buy a flooded house unless you have extensive documentation that:
- drainage that led to flooding was addressed after the storm
- the owners hired a legit outside company to perform the demolition and renovation
- no mold has ever been present in the house
Some people tried doing the work themselves and didn’t do it properly or waited too long to start work and mold/structural damage set in.
long story short, I wouldn’t unless they’re giving you a stupid low price.
- drainage that led to flooding was addressed after the storm
- the owners hired a legit outside company to perform the demolition and renovation
- no mold has ever been present in the house
Some people tried doing the work themselves and didn’t do it properly or waited too long to start work and mold/structural damage set in.
long story short, I wouldn’t unless they’re giving you a stupid low price.
Posted on 6/2/20 at 1:53 pm to Janky
If everyone decided to never buy a house that flooded in 2016 the home sales 10-20 years from now across south Louisiana would plummet to historical lows. If the house isn't in a high-risk flood zone, that was the only time it ever flooded, and you want the house, buy it. Buy flood insurance and transfer that risk to FEMA. If you flood in the future, you'll be one less leech of society with your hand out begging and bitching that the government failed you.
If you flood and willfully refused to purchase flood insurance prior, then YOU failed you. Not the government.
If you flood and willfully refused to purchase flood insurance prior, then YOU failed you. Not the government.
Posted on 6/2/20 at 1:55 pm to CORIMA
quote:
There still has been little or no work to solve the main issue, the Vermillion River. The river needs to be dredged. There are other ways to lower and divert the river, but all are under different authorities in different parishes and there is no plan to coordinate them.
And the northern parts of Lafayette parish are doing nothing in terms of gullies, drainage ditches, etc, that flow into the Vermillion.
I got a very good education on this after I realized I was lied to.
And if you think for a second the parish president gives a shite, think again. One of the major players in all of this has a construction company that is just building and building. Getting rich on the growth but doing NOTHING about the flooding. Even built on areas that were supposed to be used for drainage sites.
Posted on 6/2/20 at 1:58 pm to TDsngumbo
quote:
If the house isn't in a high-risk flood zone, that was the only time it ever flooded, and you want the house, buy it.
Yeah, there are definitely some areas where I would still go ahead. I'm not an expert by any means but it just seems like a lot of these newer neighborhoods on the Southside of Lafayette are built in dicey areas for flooding. That's just my perception.
Posted on 6/2/20 at 1:58 pm to TDsngumbo
Depends on how much water it got and if in flood zone x or not. If less than 1 foot and in flood zone x yes, anything more probably not.
Also, request documentation on the repair after the flood.
You can also look at it on the bright side. Say it floods once every 15 years. You get to update your house for free.
Like someone else said if people didn't buy houses that flooded in 2016 then BR real estate market would be history.
Livingston Parish - 86% of houses flooded
East Baton Rouge - 31%
Ascension Parish - 66%
Also, request documentation on the repair after the flood.
You can also look at it on the bright side. Say it floods once every 15 years. You get to update your house for free.
Like someone else said if people didn't buy houses that flooded in 2016 then BR real estate market would be history.
Livingston Parish - 86% of houses flooded
East Baton Rouge - 31%
Ascension Parish - 66%
This post was edited on 6/2/20 at 2:03 pm
Posted on 6/2/20 at 1:59 pm to Janky
It would have to be in an area deemed not a flood zone and even then I’d be leery. I’d also be scared of the resale value. I like my houses to sale for more money than I pay for them. I bought a new house three years ago that is within walking distance of an elementary, middle school and a city sports complex where these kids play all their sports. They are selling for $50,000 more now. Location, location, location. Minimum 3 bedroom 2 bath is the other rule.
Posted on 6/2/20 at 1:59 pm to KLSU
quote:
You can also look at it on the bright side. Say it floods once every 15 years. You get to update your house for free.
BINGO!
Posted on 6/2/20 at 2:05 pm to TDsngumbo
Insurance or not, damage removal, storage, renovation etc will be a major inconvenience for a long time.
Posted on 6/2/20 at 2:06 pm to Janky
quote:
Boulder Creek area
I live right behind there. That neighborhood had FEET of water in 2016; they have a couple of good drone videos on youtube. Verot school, past Millcreek, flood when its rains hard.
This post was edited on 6/2/20 at 2:08 pm
Posted on 6/2/20 at 2:21 pm to Tiger Ryno
Not NO, but Hell NO! In fact, after Hurricane Rita in 2005, my house flooded. We sold it, fearing that it would happen again. And it did! I took a loss on the sale, but it still was the right thing to do.
Next to a tornado completely destroying your home, a flood is the worst.
Next to a tornado completely destroying your home, a flood is the worst.
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