Re:A Growing Problem in Real Estate: Too Many Too Big Houses
by djakjxnanjak on Thursday June 20, 2019 @08:50PM
(#20238925)
That’s a percentage of the value of the structure, not the structure+land.
When buying insurance, you answer questions about your property and the insurance company estimates the cost of replacement of the structure. In my case, it’s about 30% of the market value of the home.
When buying insurance, you answer questions about your property and the insurance company estimates the cost of replacement of the structure. In my case, it’s about 30% of the market value of the home.