Premium said:

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Rustys-Beef-o-Reeno said:

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hodgesco said:

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Glad you have insurance. Best $450 you spent last year.

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Your dam (pun intended) right

My whole hood is flooded and we will be forced to rebuild because where else are we going to go? And in the short term our neighborhood is worthless

All I know is my tax bill come Jan 1 better be the ****ing minimum. Cause I'm going to take a picture of my destroyed neighborhood and shove it in their ****ing face

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Improvements, tax bill up

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Land was 90 k last year, that better be ****ingn $0

And since my home will be torn apart still then then it better. Be 100k or less cause the **** ain't worth anything

Those guys were crazy, but what a video. That storm at landfall was no joke.

Highly doubtful the expansion West will stop.

TPTC 23.23 (e) through (g)

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(e) In this section, "new improvement" means an improvement to a residence homestead made after the most recent appraisal of the property that increases the market value of the property and the value of which is not included in the appraised value of the property for the preceding tax year. The term does not include repairs to or ordinary maintenance of an existing structure or the grounds or another feature of the property.
(f) Notwithstanding Subsections (a) and (e) and except as provided by Subdivision (2), an improvement to property that would otherwise constitute a new improvement is not treated as a new improvement if the improvement is a replacement structure for a structure that was rendered uninhabitable or unusable by a casualty or by wind or water damage. For purposes of appraising the property under Subsection (a) in the tax year in which the structure would have constituted a new improvement:
(1) the appraised value the property would have had in the preceding tax year if the casualty or damage had not occurred is considered to be the appraised value of the property for that year, regardless of whether that appraised value exceeds the actual appraised value of the property for that year as limited by Subsection (a); and
(2) the replacement structure is considered to be a new improvement only if:
(A) the square footage of the replacement structure exceeds that of the replaced structure as that structure existed before the casualty or damage occurred; or
(B) the exterior of the replacement structure is of higher quality construction and composition than that of the replaced structure.
(g) In this subsection, "disaster recovery program" means the disaster recovery program administered by the General Land Office that is funded with community development block grant disaster recovery money authorized by the Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009 (Pub. L. No. 110-329) and the Consolidated and Further Continuing Appropriations Act, 2012 (Pub. L. No. 112-55). Notwithstanding Subsection (f)(2), and only to the extent necessary to satisfy the requirements of the disaster recovery program, a replacement structure described by that subdivision is not considered to be a new improvement if to satisfy the requirements of the disaster recovery program it was necessary that:
(1) the square footage of the replacement structure exceed that of the replaced structure as that structure existed before the casualty or damage occurred; or
(2) the exterior of the replacement structure be of higher quality construction and composition than that of the replaced structure.

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So let's say I rebuild and at Jan 1 I'm still half way through the rebuild. Shouldn't my value of the structure without walls be significantly less as I'm not improving, but trying to replace.

Depends on your neighbors and what they've done or haven't done. It's not based on just your home. Property taxes (values) are based on the area and comps. If you have a lot of walk aways and foreclosures around you, your home should be worth-less.

Rustys-Beef-o-Reeno said:

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So let's say I rebuild and at Jan 1 I'm still half way through the rebuild. Shouldn't my value of the structure without walls be significantly less as I'm not improving, but trying to replace.

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HCAD takes the value of your home on January 1. So if you are half way thru the rebuild you will have to fight them. I tried last year as I was doing a complete remoldel from the tax day floods. They would not change value of 2016 since it was already appraised and when I they did 2017 they said the outside structure was the same even though the inside was down to studs. They did hold value to the previous year when everyone on my street went up 10%. This maybe a little different since there will be so many, but we will have to wait and see...

No, I meant that the Frontier flight may have landed today, but wouldn't leave until tomorrow

Anyone seen any NASA or commercial EO pictures of the flooding after the clouds broke yet?

How many folks east of the dams in the flood areas have profited in some way off westward expansion. I know of a few.

Pahdz said:

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How many folks east of the dams in the flood areas have profited in some way off westward expansion. I know of a few.

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maybe some but not everyday joe like myself....thanks for that though

Ag83 said:

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That's one big toilet flushing.

Anybody have an updated graph in Addicks level?

culdeus said:

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So I am hearing a narrative on another board I visit for fantasy football. They have a similar large Houston group and there is a guy that's part of some of the industrial planning teams dealing with power mostly though.

What's coming out is that they think that the actual scope of the issue is probably not as awful as TV makes it look. The city has 4M residents and maybe at most 75k homes are impacted with water, and that number could be more like 35k. (Do not shoot messenger, this data could be way way off)

Either way in a situation where you have affected homes < MLS inventory it won't create some huge housing crisis. A big cleanup effort but recoverable.

Bigger issue will be the filthy water creating a health hazard short and long term and whether flood plains need to be re-evaluated.

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In the south alone: Galveston, Brazoria, Fort Bend, Chambers

Fayette County, Colorado County, Wharton County, Matagorda County, Aransas County

Out East: Jefferson County (Beaumont)

I think I remember there were 19 counties involved in disaster declaration.

Don't forget Chambers County

It was already mentioned

Don't forget Refugio and San Patricio County which sustained massive wind damage. Not a not of trees are still standing in those counties.

How about Victoria county

LostInLA07 said:

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Also Montgomery county

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Probably bits of waller county as well, near the borders of harris/montgomery.