We'll be stripping it down to the bones and rebuilding from the frame up.

I'm want to low-ball the offer because I know that area was hit hard, but its a good neighborhood that will rebuild, plus most of the house have already started repairs.  

In fact the 92024 zip code boasts of some of the most expensive properties in all of San Diego County.We are installing a 1x1 foot footing with an 18 inch rebar reinforced and concrete cell filled block and mortar stem wall  around the entire perimeter of the footprint in order to support the new interior drywall, exterior Hardy Board Cemetitous siding and a 12/12 pitched metal roof.I'd say that's a pretty safe bet considering we're going to have to spend close to 75k (our cost as contractors) to strip it down to the bones and rebuild it from the mainframe up to and including the roof.

Because like some other companies, their fire policies insure the property based off of cost to rebuild and won't let you reduce the coverage limit too far beneath that.

If you try a tear down, you would have to rebuild it with parking, problem is the conservation district wouldnt let you build with parking. 

So if that extra $2,000 per year saves my $250,000 of out of pocket rebuilding cost, yeah I will pay it. 

There are a lot of places where a home's market value is less than what it would cost to rebuild the same home.

We might even consider a full rebuild. 

I know I will have to make a decision to either rebuild, repair, or sell.

I know I will have to make a decision to either rebuild, repair, or sell.