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Flood zones have a direct impact on the cost of flood insurance in Beach Haven West, and higher or lower insurance costs can have an impact on the amount the buyer can spend on a home. This is true to the point where in some cases where a home that costs more money to purchase upfront will have lower monthly carrying costs thanks to the lower cost of insurance. While there are many factors that must be taken into consideration when buying a home in Beach Haven West, flood zones and flood insurance are among the most important.
There are two primary flood zones in Beach Haven West. They Are:
The A zone, which can be further broken down to AE or AO zones, is the most common flood zone. In most cases, homes that are located in the A zone will be the first for elevation of between seven and 9 feet above sea level. There are some areas of Beach Haven West where the ground is about 6 feet high already, so these homes may not require any further raising. Homes that are built in the A zone had more lacks building requirements, for example they do not need breakaway walls which can make the cost of raising a home far less expensive.
The V zone in Beach Haven West is more restrictive and can have a negative impact on the property value in the Beach Haven West real estate market. A home in the V zone is generally not permitted to have a solid foundation, nor is allowed to have a pilings supported garage. Rather, a home must have breakaway walls anything or garage slab, usually no more than 4 inches. The idea behind the breakaway wall, is that if a home sustains directly impacts or higher wind velocities, the foundation walls will breakaway allowing water to pass freely among the piling foundation.
FEMA’s flood maps that they need certain areas to be in a special flood hazard zone, and then further delineate the flood zone in which a home is located. There are some important differences between the A and V flood zone.
In order for a property to be classified as a V zone, the home must be at risk of a sustained wave impact of 3 feet or greater. These homes are considered to be more risky, and will typically see a higher cost of flood insurance. The good news is, the majority of Beach Haven West is located in the A flood zone which offers more manageable costs and less stringent building guidelines.
As mentioned above, homes that are located in the V zone also have different building guidelines. For example, foundations must be pilings or columns rather than a solid block foundation and garage slab’s must be thinner (no more than 4 inches) and not pilings supported.
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