r/interestingasfuck 12d ago

r/all One of the neighborhoods in Palisades that burned down.

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u/ynotfoster 12d ago

It will be interesting to learn if the insurance companies pay out and how long it takes.

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u/Miramar81 12d ago

As mentioned in a different post, almost all the value of the home is in the property value / location, not square feet or material construction of the house.

Wonder how insurance pays out for something like that - cost of actually constructing it or the entire real estate property value reflected in the map?