If any part of the house is in the 100 year flood zone, we always build the finished floor elevation to be 1 foot above that elevation, so even in a 100 year flood event, the house will stay dry. 

Only problem is it's $3 a square foot which is getting high for a vinyl flooring.Anyone installed the Ultra and have an opinion compared to the Allure plank?

Normally this is something like 1/4" per foot.5. 

Hello BP'ers.  I have an opportunity to purchase a small lot (130x115) on a major thoroughfare in my area on great terms.  The lot is currently zoned residential however all adjacent property has been rezoned light in...

Per square foot?

And, in addition to all of that, a robust insurance policy is a must. 

I realize I would be shooting myself in the foot so to speak... 

Welcome, this place will get you off on the right foot!

I budget $1,000 per year for a single family residence and $.67 per foot per year for capital reserves.I like the idea of listing items and their useful life. 

For 3/4" #1 solid oak, expect to pay about $2-3 per square foot for refinishing in that area (in places where the floor isn't buckled) and expect $6-8 per square foot for replacing any buckled pieces/sections.Now compare that to the cost of tearing out and installing engineered wood (I assume that's what they're talking about), and you'll have an idea of which is the better way to go.