Flood Zones in Beach Haven West

Flood Insurance and Flood Zones in the Beach Haven West Real Estate Market

Flood Zones in Beach Haven West
Flood Zones in Beach Haven West

Beach Haven West Real Estate

In the wake of Hurricane Sandy, flood insurance has become a major issue for both buyers and sellers. The cost of flood insurance in most cases will be manageable, and if purchasing a new home elevated on pilings the cost of insurance should be minimal. There are however cases where the insurance premiums will be excessively high and could potentially make purchasing a property but an unrealistic proposition. Therefore, it is essentially important to understand flood zones in Beach Haven West and how the cost of flood insurance can impact your Beach Haven West real estate transactions.

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.beachhavenwestrealestate.com | www.BuyLBI.com

Click here to search all homes for sale in Beach Haven West

Flood Zones in Beach Haven West

There are two primary flood zones in Beach Haven West. They Are:

  • A zone
  • V zone

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.

Flood Zones in Beach Haven West Real Estate

It is important to understand flood zones in the Beach Haven West real estate market. 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 top. For more information about the Beach Haven West real estate market or Flood Zones in Beach Haven West contact the Beach Haven West Real Estate Group  and we will respond right away.

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.beachhavenwestrealestate.com | www.BuyLBI.com

Click here to search all homes for sale in Beach Haven West

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