buying a property in port richey
Jul 21st 2015, 3:48 pm
#1
Just Joined
Thread Starter
Joined: Jul 2015
Posts: 2
buying a property in port richey
hi all
just after some advice on property in port richey. im looking to buy a place as a second home and am after some info about the areas to look at or avoid. the insurance costs, utility bill costs, how about the hurricanes? do they have much impact on that area?
any advise anyone can offer would be greatly appreciated.
ta
glen
just after some advice on property in port richey. im looking to buy a place as a second home and am after some info about the areas to look at or avoid. the insurance costs, utility bill costs, how about the hurricanes? do they have much impact on that area?
any advise anyone can offer would be greatly appreciated.
ta
glen
Jul 21st 2015, 4:40 pm
#2
Lost in BE Cyberspace
Joined: Mar 2010
Location: Phoenix, AZ
Posts: 8,106
Re: buying a property in port richey
What's your status in the US?
Jul 21st 2015, 4:51 pm
#3
Just Joined
Thread Starter
Joined: Jul 2015
Posts: 2
Re: buying a property in port richey
No status at mo. On the sibling waiting list but looking to buy a property sooner rather than later for use as second/holiday home before moving to states in 6/7 yrs.
Jul 21st 2015, 6:09 pm
#4
BE Enthusiast
Joined: Jan 2008
Location: Belle Isle, Florida
Posts: 594
Re: buying a property in port richey
I have a close friend in NPR - just south of Port Richey.
A big consideration will be flood insurance - many two storey houses inside the recognized flood zone cannot be inhabited on the ground floor and must have blow-out walls and other storm surge provisions.
Tampa Bay area has not been hit by a hurricane for a VERY long time, so is statistically overdue.
I moved to Central FL in 2001 and asked neighbors if I should be worried about hurricanes - they all laughed at me and said the last time Central FL was affected was 1960. In 2004 Hurricane Charley did more than $25k damage to my house and we got hit by 4 hurricanes in the space of 6 weeks.
So I would argue that buying a property based on storm/flood likelihood in coastal Florida is a bit of a crap-shoot.
A big consideration will be flood insurance - many two storey houses inside the recognized flood zone cannot be inhabited on the ground floor and must have blow-out walls and other storm surge provisions.
Tampa Bay area has not been hit by a hurricane for a VERY long time, so is statistically overdue.
I moved to Central FL in 2001 and asked neighbors if I should be worried about hurricanes - they all laughed at me and said the last time Central FL was affected was 1960. In 2004 Hurricane Charley did more than $25k damage to my house and we got hit by 4 hurricanes in the space of 6 weeks.
So I would argue that buying a property based on storm/flood likelihood in coastal Florida is a bit of a crap-shoot.
