“It looked at price per square footage… building all the comp sheets, and then figuring out… cost for specific things… 10-year holding period.”
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Said on TBPN
“The average people were covered $450 to $600 a foot… builders say cost about $900 a foot… our homes cost $600-$700 a foot, closing the gap.”
Risk Management: Brick by Brick · How Steel Framing & Insurability Are Saving Palisades Rebuilding | Matt McRoskey
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9:52
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What was described
priced the Reset homes at $600-$700 per square foot, which is roughly half the market rebuild cost of $900 per foot, closing the coverage-cost gap
$600-$700 per sq ft vs. $900 per sq ft market cost; typical coverage $450-$600 per sq ft
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