2 story home underwater How to Sell a House in a Flood Zone [2017]Thinking about how to sell a house in a flood zone? Flood zone? Some might say” YIKES!” How to sell a house in a flood zone can pose a threat to most buyer’s and sellers.  However, this article gives you reassurance and peace of mind that it can be done. Selling a house in a flood zone can be a great challenge. Of course, no one would want to buy a house that’s easily flooded. Even regions with a low risk for weather-related floods can experience clogged storm drains, ruptured water lines and many others, which are big turn offs for any homeowner. The added thread of designated flood zones and severe storms can make the already challenging process of selling a home even more complicated.

What is the Value of my Home in a Flood Zone?

Is My House in A Flood Zone?

For as long as you have access to the internet, checking if your house is located in a flood zone is quick and free of charge. Simply head on to the FEMA website and search for your property address. FEMA gives you immediate access to the nearest and most relevant flood map in your area. If your property does not have an address yet, simply look for the nearest property with an address and base your search on it. Another website you can visit is FreeFlood.net. After creating a free account, you can search for your property here as well.

What Does the Word Floodplain Mean?

A floodplain is an area of land that is at risk for natural flooding because it is near a river or stream. Its soil is mostly made up of sands, silts and levees that are deposited during floors. The heaviest materials are the levees so they fall in first, followed by the finer sands and silts. When it comes to real estate, a house located in a floodplain is eligible for purchase of federal flood insurance, some of which may cover contents and physical structures. Properties in less risky locations are not required to carry this insurance, while those in moderate-risk areas are still recommended.

How do You Understand Designated Flood Zones?

There are several flood designations spanning the country. Different labels are used to show the severity of potential flooding in a particular region, particularly in inland areas and coastal communities. There is a comprehensive database of flood maps, statistics and information made available online, mostly existing as free resource like the FEMA Flood Map Service Center. Recommend these websites to potential buyers so they are more aware of the flooding situation in your area.

What are Flood Zone Risks?Fema Flood Zone Map

The FEMA Flood Zone Maps basically show flood risk zones and their respective boundaries. The most common of these maps is the Flood Insurance Rate Map (FIRM). Another map is the Base Flood Elevations (BFEs) that also show floodways. Although no longer produced, the Flood Hazard Boundary Map (FHBM) is a version that only shows the floodway and flood boundaries based on approximate data. Recent versions today include digital FIRMs that are made with digital methods. Another one is the Q3 Flood Data that is used for planning activities and insurance purposes. However, this cannot be used for flood risk determinations and site design.

What is the Cost of Elevating a House?

The cost of elevating your home can go anywhere from $30,000 to $100,000 and above. The range is quite big because several details need to be considered before your chosen firm can get an accurate pricing of raising a house above base elevation. Some of the factors required for pricing include FEMA zone and elevation, as this indicates the kind of foundation needed. For example, a FEMA V zone requires wood pilings; thus, the house will have to be stored out of the way temporarily so a crane can pound the pilings. The whole process might seem expensive, but the cost usually outweighs the benefit of saving your structure.

What can I do to Upgrade Home Hardware In and Out?

By upgrading hardware inside and outside your property, you can very well increase your home’s defense in case of flooding. Outside your home, securely anchor above ordinary flood level all your outdoor equipment like propane fuel tanks and external air conditioning units. This will ensure that the homeowners continue to have air conditioning and fuel resources even with harsh conditions outside. Inside your home, install gate valves or backflow valves on internal plumbing to prevent storm water or sewage backup. Make sure to point out these features to your prospective buyers.

Is my home in a flood zone?

Search here: https://msc.fema.gov/portal/search

What is the Cost to Repair and Restore Landscaping?How to Sell a House in a Flood Zone [2017] 2 homes with beautiful landscaping

Your outdoor area is the very first thing buyers notice, and will get their first impressions from. Therefore, right from the outside, make sure that you already get their attention and interest, especially following a flood. If you can, do major landscaping projects modifying your yard’s slope for additional flood protection. Also get your in-ground sprinklers inspected and flushed to get rid of any contaminants. Flooded irrigation timers will need replacement. The internal rotors and gears should be carefully examined and cleaned before restoring irrigation service.

How do I Offset Flood Insurance Costs?

Homeowner’s insurance mostly will not cover flood protection, and most home buyers are well aware of this. This is the reason why homeowners living in flood zones should have a separate flood insurance in order to comply with the mortgage requirements. Those living in low and moderate-risk areas are not exactly required to get a separate flood insurance, although getting the added protection can do a great job of paying for itself following the first occurrence. Therefore, if you can spare money to get one for your property, might as well do so.

Selling a property is hard enough. And when that property is in a flood zone, the whole process is made even harder. It’s a good thing the real estate experts at RL Real Estate Group can help you out. Regan Laughlin and her team will give you the best advice and assistance to ensure that you get the best possible sale out of your property. Call them now at 605-212-8431 or send them an email at
regan@rlrealestategroup.com.

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House in a Flood Zone [2017]
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House in a Flood Zone [2017]
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Selling a house in a flood zone can be a great challenge. Of course, no one would want to buy a house that’s easily flooded. Even regions with a low risk for weather-related floods can experience clogged storm drains, ruptured water lines and many others, which are big turn offs for any homeowner. The added thread of designated flood zones and severe storms can make the already challenging process of selling a home even more complicated.
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RL Real Estate Group
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