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re: Would you buy a (renovated) house that flooded in 2016?

Posted on 4/19/18 at 7:46 pm to
Posted by CaCestBon
Baton Rouge
Member since Apr 2018
33 posts
Posted on 4/19/18 at 7:46 pm to


Y'all are bringing up some of my worst fears/worries.
Posted by biglego
San Francisco
Member since Nov 2007
83153 posts
Posted on 4/19/18 at 7:46 pm to
Why would you even want to live in the BR area? Weirdo.
Posted by yellowfin
Coastal Bar
Member since May 2006
98758 posts
Posted on 4/19/18 at 7:48 pm to
Absolutely not
Posted by eScott
Member since Oct 2008
11376 posts
Posted on 4/19/18 at 7:56 pm to
Have you ever lost everything in a flood? In 78 people didn't think I'd flood that bad again until 83.
Posted by Restomod
Member since Mar 2012
13493 posts
Posted on 4/19/18 at 7:58 pm to
Hell no
Posted by deltaland
Member since Mar 2011
100510 posts
Posted on 4/19/18 at 8:05 pm to
Depends on insurance costs, price of the house, and what renovations were done.

If the walls and floors weren't torn out and replaced and reinsulated you'll have mold issues
Posted by TigerAlum1982
Member since Sep 2011
1554 posts
Posted on 4/19/18 at 8:09 pm to
I was about to say the same thing. Definitely get it tested for mold.
Posted by LSUsmartass
Scompton
Member since Sep 2004
82713 posts
Posted on 4/19/18 at 8:11 pm to
I bought a flooded house, it's a brand new house and I have no regerts
Posted by CaCestBon
Baton Rouge
Member since Apr 2018
33 posts
Posted on 4/19/18 at 8:33 pm to
Yeah, this is exactly how I feel. I don't have faith that it won't flood again, and I don't ever want to go through that.

Now, if my family thought the same way as most of y'all, this would a much easier decision!

Posted by gsvar2004
Member since Nov 2007
8772 posts
Posted on 4/19/18 at 8:37 pm to
Hell no I walked through flood waters and remember every single day with that felt like and what that look like
Posted by whit
Baton Rouge
Member since Sep 2010
11050 posts
Posted on 4/19/18 at 8:46 pm to
Why not? I’ve sold and renovated a bunch of houses from the ‘16 flood. Just make sure the wording in the contract is right to cover everything.
Posted by CaCestBon
Baton Rouge
Member since Apr 2018
33 posts
Posted on 4/19/18 at 8:55 pm to
What do you mean?

What kind of extra things would need to be in the contract?

Posted by Cincinnati Bowtie
Sparta
Member since May 2008
11951 posts
Posted on 4/19/18 at 9:04 pm to
Just know that there is no such thing as a Mold “Certificate” in Louisiana. Also there is no such thing as a mold free house. EVERY home has mold, but if the mold inside is between 10 and 33% of what is found outside, it’s a safe breathing space.
Posted by lsufan112001
sportsmans paradise
Member since Oct 2006
11064 posts
Posted on 4/19/18 at 9:07 pm to
Mine got flooded and repaired. Problem is flood insurance has almost doubled in 3 years. Up to 150 a month
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 4/19/18 at 9:09 pm to
Why not? I’ve sold and bought houses that flooded during Katrina and they’re all worth more than they were before. I’m currently living in a house that flooded during Katrina that has been completely redone. I don’t see what’s the problem as long as you have insurance
This post was edited on 4/19/18 at 9:10 pm
Posted by Drop4Loss
Birds Eye Of Deaf Valley
Member since Oct 2007
3967 posts
Posted on 4/19/18 at 9:15 pm to
I have been 'involved" in the sale of over 100 flooded homes since the 2016 flood.

I can tell you there is very little market reluctance to buying a flooded home.

Most are completely like new ......
Posted by Loungefly85
Lafayette
Member since Jul 2016
7930 posts
Posted on 4/19/18 at 9:28 pm to
Of course. But get an independent inspection.
Posted by Clames
Member since Oct 2010
18915 posts
Posted on 4/19/18 at 9:42 pm to
quote:

Also there is no such thing as a mold free house. EVERY home has mold,


This. Those citing mold issues on this house have no idea how much mold they are living with. I haven't done a single bathroom remodel that didn't have some mold somewhere.
Posted by Martini
Near Athens
Member since Mar 2005
49622 posts
Posted on 4/19/18 at 9:45 pm to
Depending where it is located but many are selling 10-15% above market value prior to the storm.
Posted by CaCestBon
Baton Rouge
Member since Apr 2018
33 posts
Posted on 4/19/18 at 10:13 pm to
Good point. Flood insurance quotes will be necessary before making a decision.

Another question: is adding on to a house in this situation impossible? Worried that we wouldn't be able to close in the garage/add garage doors without putting a ton of dirt to raise the elevation. (Also thinking about adding on a sun room/closed in back porch.) Would it be acceptable to do it at the current elevation, since the house already exists and it's not a new construction? This house is OLD and they certainly required the neighbors to add a ton of dirt before building their new home, but maybe that's because it's a completely new construction.

If anyone knows the regulations, or knows where I can find this information, that would be so helpful!

Thanks, y'all are the best.
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