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Updated almost 6 years ago on . Most recent reply

User Stats

59
Posts
23
Votes
Brendan Flannery
  • Rental Property Investor
  • League City, TX
23
Votes |
59
Posts

Raising a home in Galveston

Brendan Flannery
  • Rental Property Investor
  • League City, TX
Posted

Does anyone have any experience raising a home in Galveston or the added value?  I am trying to figure out what kind of return I would get on an appraisal value.  I have ran the numbers for the cost of raising compared with the savings on the flood insurance.  If the cost could equal the return in appraisal value or more that may make it easier to make my mind up.  I am also counting on the raised house to have a garage underneath.

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