Building in Flood Zone Questions
Questions below
- Approx how much extra does flood insurance run?
- In terms of building on the land (I'm an engineer) I'm wondering if there are major hurdles I should be aware of OTHER Than the increased costs of building - more related to regulatory, financing, and other risks. I'm confident I can design what we need to withstand a flood (even large flood) from a construction perspective. I'll need to run the numbers on that but I'm confident I can handle the design and engineering, and construct-ability.
- Is bringing in tons and tons of dirt from another location really an option for us? I know most jurisdictions have regulations about removing dirt (have to submit a site runoff / remediation plan) , but I'd bet we could relocate dirt from way out in the country without any issues.
- Does the FEMA map get redrawn every so often, if say we were able to do substantial site work to get our elevation to a point where we are no longer in the flood plain, to build?
For now, that's a good starting point for a discussion, I think.