sam's notes

notes on government, sports and popular culture

Thursday, April 27, 2006

......Keep knocking them down.......

Floodplain regulations in Charlotte make renovations in the Chantilly neighborhood cost prohibitive:

"Six years ago, Mecklenburg County created a 'future conditions floodplain' affecting about 1,200 homes across the county, including about 60 in Chantilly, off Seventh Street just southeast of uptown. That requires those property owners to raise their floor above the projected flood level if they renovate the home extensively, a requirement property owners say is expensive and likely unnecessary because their homes don't currently flood."

As it stands, the land in Chantilly is worth more than the houses:

"In many cases, the smaller Chantilly houses don't carry high assessed values, according to county records, and residents say that makes the rule easy to trigger. One home in the zone is valued at $89,500, according to county records, while the land is listed at $95,000. On another lot, a single-story home listed at just under 1,100 square feet is valued at $39,500 while the land is valued at $80,000."

So you knock down the houses, like they do in Myers Park. But here's the question: Would more people be priced out of the Chantilly neighborhood with new houses or renovated houses?


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