The Waterfront Dilemma: Raise Your Home or Sell the Land?
Explore the difficult "stay or go" ultimatum facing Tampa Bay waterfront homeowners following the destruction of Hurricane Helene. As property values face a "Helene Discount" of $300,000 to $500,000 due to flood damage, owners must decide if spending roughly half a million dollars to elevate their homes is a sound investment. The analysis suggests that while owners of standard lots may only break even, the move protects their lifestyle and insurance rates. Conversely, owners of premium, open-wat
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