Rebuilding after the Marshall Fire: Property owners face higher costs, law changes

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Roughly two-thirds of homes destroyed in the Marshall Fire were underinsured, and the costs to rebuild are far greater than what many families can afford. But Boulder County officials passed a new rule that may help some homeowners rebuild. Story:

BOULDER COUNTY, Colo. — After the Marshall Fire destroyed more than 1,000 homes in Boulder County, many homeowners expressed the desire to rebuild and return to their same neighborhoods. But the reality is that roughly two-thirds of homes destroyed were underinsured, and the costs to rebuild are far greater than what many families can afford.

“Interest rates have definitely affected their ability to pay and afford to rebuild, but I also think there’s a little bit of ‘we’ve moved on,’” Moye said.New building requirements have also added to the costs of rebuilding. In June, Boulder County passed rules requiring fire resistant construction materials to be used for roofs, attic venting, decking and fencing. The goal is to create a 3-foot, non-combustible zone around homes.

Boulder County building code changes allows for ADU's The director of Boulder County’s community planning and permitting department said the hope is that people can live in the ADU’s while they rebuild, then use them as a rental income property or another use down the road.

 

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“Kelly Moye said there are many factors contributing to the difficulties rebuilding homes on those lots.” Iow-democrat policies

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