May 15, 2024
Above the Flood: Weighing the Costs and Benefits of House Elevation
Elevating a house in a flood zone can cost between $10,000 and $100,000, potentially reducing flood insurance premiums by 30-60% and increasing resale value by up to 25%. While initial costs can be significant – ranging from $10-$30 per square foot to simply elevate, or $20-$80 per square foot including foundation replacement – homeowners may be eligible for FEMA loans up to $30
