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M id A tlantic Real Estate Journal
M id A tlantic R eal E state J ournal Publisher, Conference Producer . .............Linda Christman AVP, Conference Producer ...........................Lea Christman Associate Publisher ......................................... Steve Kelley Associate Publisher ........................................... Kim Brunet Senior Editor/Graphic Artist ..........................Karen Vachon Office Manager ............................................. Miriam Buttrick Contributing Columnists: ........... Matthew Gaudet-Walters, Walters Homes Postmaster send address change to: Mid Atlantic Real Estate Journal 350 Lincoln St, Suite 1105, Hingham, MA 02043 USPS #22-358 | Vol. 29 Issue 24 Subscription rates: $99 - one year, $198 - two years, $4 - single copy REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion Phone: 781-740-2900 | Fax: 781-740-2929 www.marejournal.com Mid Atlantic R eal E state J ournal ~ Published Semi-Monthly Periodicals postage paid at Rockland, Massachusetts and additional mailing offices
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T he immense property damage resulting from this year’s Atlantic hur- ricane season has been a wake- up call for vulnerable commu- nities, especially along coastal areas. Every year, hurricanes pummel the coastline with tor- rential downpours, high winds and storm surges. In New Jersey, peak hurricane season begins in mid-August and runs through the end of October. After Hurricane Sandy, home- owners knew that rebuilding efforts had to make resiliency and sustainability a priority. The fear of the next hurricane making landfall weighs heav- ily as waterfront communities continue to rebuild. Although hurricane season is nearly over, it’s never too early to start preparing for the 2018 season, especially when building a new home. Walters Homes, a Barnegat- based customhome builder, has designed and rebuilt roughly 350 homes that were destroyed by Hurricane Sandy. The cus- tom single-family homes are located in coastal locations ranging fromLittle Egg Harbor Township toManasquan. In the following interview, Matthew Gaudet-Walters, rebuilding expert for Walters Homes, discusses the new building requirements and ways to minimize future flood and wind damage for new construction. Q: How have builders changed the way they build homes at the Jersey Shore? “Since Sandy, New Jersey has beefed-up its building codes with new construction regula- tions following federal stan- dards. Homes built to stricter standards will fare better in storms. Certain features are required such elevating houses above the floodplain. Base flood elevation levels serve as a guide for new construction and they vary by community. It’s one way to prepare and protect property, lower flood insurance
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The views expressed by contributing columnists are not necessarily representative of the Mid Atlantic Real Estate Journal
rates and have peace of mind.” Q: What can be done to reduce vulnerability from future storms? “When it comes to flooding and windstorm damage, older homes tend to be more vulner- able than newer ones, espe- cially if they’re built on slabs and are below the flood plain. Just raising an older home will leave you with the same old shell and old interior layout with all its inherent shortcom- ings. Renovating and raising an older home and getting it up to current standards can cost as much as tearing down and rebuilding a brand new home. The best option is rebuilding from the ground up, which cre- ates an opportunity to design the home that best suits your current lifestyle and needs. In the long run, a new home will be worth more than a raised and repaired home.” Q: How have rebuilding efforts impacted neigh- borhoods along the Jersey Shore? “Sandy kick-started the surge in new development we’re see- ing. The character of many neighborhoods has changed as small bungalows are being replaced with bigger and bet- ter built homes. There’s a lot of positive factors driving that development such as beach re- plenishment and the upswing in the real estate market. Even residents whose homes weren’t damaged by Sandy are opting to rebuild to improve their quality of life here at the beach. Before Sandy, people thought building a luxury custom home was out of their price range, but now they’re seeing their friends
and neighbors rebuilding and they’ve become educated about the process and the cost.” Q: Do you have any tips for buyers building a coast- al home? “It’s important to work with a reputable builder whose rec- ommendations you can trust. From the start, a builder should be upfront about pricing so that the buyer has a detailed list of costs before construction even begins. They should also be knowledgeable about the process for reconstructing a waterfront home and making it FEMA flood compliant. The most common is to elevate a new home above the base flood elevation to reduce the risk of damage in a storm. Elevation requirements vary, but many customers choose to raise their homes 9 feet, which is the mini- mum height to accommodate garage doors under a house.” Q: What are the benefits to working with a firm like Walters Homes “Walters has been building homes at the Jersey Shore for more than 30 years and we’re committed to building homes a better way. In addition to ex- ceeding current building stan- dards, our homes are equipped with Energy Star® features that significantly increase en- ergy efficiency such as include 2 x 6 exterior walls, high perfor- mance windows and upgraded insulation. Our homes come with a 10-year warranty on all structural issues, five-year warranty on all HVAC systems, and one-year warranty on ev- erything else. We can also help coordinate financing options with various lenders.” n
Peter Gallicchio Broker/President pgallicchio@remcorealty.net 732-253-0888 ext. 102 370 Campus Dr., Suite #128 Licensed Real Estate Broker
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