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.
@Brendan Flannery make sure you will get savings...last home on the water on island was grandfathered based on elevation certificate.