Values after the hurricane??

[Lolajeff]

My home is 6 years old and nothing happened to it. I did lose 1 panel of screen. That's it. My entire neighborhood which is only 10 years old fared the same. Although some home had extensive lanai damage. The neighborhood did have extensive landscaping damage however.

My friends home, right on the water in Marco did great as well. It was built 25 years ago. Their boat got a little bent and their fence blew over.

[City Guy997S]

Originally Posted by Naplesfan

My home was built in 1957. Roof beams are 4X6 dade county pine. It's close to the water and at 13'6" elevation.

This house has withstood every hurricane since then including Donna.. Worse damage it ever suffered was a broken window. That was my fault. I forgot to shutter it. They made tough houses then that were also made to make it through a hurricane.

Naplesfan

If your roof goes so does the rest of your house!


https://www.youtube.com/watch?v=SEm7pei4GhI

[chicagochuck23]

I agree that taxes and HOA fees (monthly and special hurricane recovery) are going to jump - they have to.

I don't expect home values to drop to 2012 levels, but wouldn't be surprised if they dropped 5%.

Everyone knows Naples was ground zero and it took weeks to get electric back.

I think if next year's season is clear home values will go back up to pre-hurricane levels.

Like naplesfan said, and like I saw with katrina, there are going to be buyers trying to take advantage of the situation.