The Federal Emergency Management Agency (FEMA) is currently drafting new flood zone maps. The proposed changes will greatly affect many residence of Carteret County and the Crystal Coast. The last time flood zone maps were updated was back in 2003 using information dating back to the 1980’s.
The greatest area of proposed change will impact those properties in the V flood zones along our coast line. V flood zones require a more stringent set of building codes and generally have higher insurance costs. The current FEMA proposal would see a 68% decrease of buildings in this zone and would be re-designated into A flood zones.
Because of these changes, Carteret County is expected to see an increase of buildings rated in the A zone designation of approximately 14%.
The Carteret News Times has been extensively covering these proposed FEMA flood zone map changes and how they will effect county residence. Hitchcock Realty highly encourages everyone who wants to learn more about the proposed changes to read, “Engineer talks flood maps” and “Officials prepare for maps”.
Knowing and understanding the flood zones and what implications they may have on your home or potential real estate buy is all part of the services provided by Margaret Hitchcock of Hitchcock Realty. Contact Margaret today at (252) 269-2893 for information pertaining to your home buying or selling needs.