Effect of flooding on home values

[Will G.]

Hi all, I am reaching out, trying to understand what the future impact of the recent floods in baton rouge La. My mother lost the use of her home(which was not in a flood zone) in the la. flooding and we are trying to determine what the long term impacts of this event are on values. Will a potential buyer not even consider a home that has had 3 feet of water in it? Would that buyer expect to pay less, and by what percentage. Do prices recover after so many years? I know this varies based on many factors but I am hoping someone has some real world experience to share. Some idea of what to expect will help us greatly with our decisions on how to proceed. Thank you