some really strange numbers are coming out of all of this
friend who writes personal lines insurance told a story about a woman who is shopping her home insurance and this friend quoted it for her
house is located in ne harris county in one of those pockets on unincorporated area , ~ 15 years old, brick on 3 sides, 4,400 sq feet
harris county appraised it at $330,000 a year ago and i think they have yet to provide the new appraisal, a realtor said the house where it is located may bring $225,000, but the best is the insurance companies say it would cost over $700,000 to build that house today and none of them would insure for under that amount
very much realize there is a difference between what the market would pay, replacement cost, and value of the dwelling and the land, heck we are having a rough time with commercial properties in the same manner, but i can't ever recall this big a spread in every direction in these sets of numbers