ࡱ> 352 Ybjbj΀ ?"\ ..qq8 )$.MMMMM,,,Y[[[[[[[(,[qqMMp   dq8MMY Y  ^[MX;tE0 r  |,"N fz,,,[[,,, ,,,,,,,,,. 7: Residential Damage Calculation Form PENNSYLVANIA PROPERTY INFORMATION Building Owners Name _______________________________________________ Property Address _______________________________________________ _______________________________________________ City ___________________________ State PA Zip Code _____________ Has a certified elevation been completed for this property? YES _______ NO _______ If yes, please attach. If no complete the following section: FLOOD INSURANCE RATE MAP (FIRM) INFORMATION Community Name ___________________________________________________________ Community Number ___________________________________________________________ (Panel Number/Suffix) Date of FIRM _____________ FIRM Zone ______________ Base Flood Elevation ____________ Determination of Building Market Value Building Market Value (BMV) may be determined using various methods. Only the value of the building itself must be determined. The value of other site improvements such as landscaping, pavement, pools and detached buildings do not need to be included. Acceptable methods of estimating building market value include: independent appraisals by a professional appraiser property appraisals used for tax purposes (adjusted Assessment Value used as a screening tool) the value of the building based of insurance claims qualified estimates based on sound professional judgment made by staff of the local Codes Officer, or local or state tax assessors office Substantial Damage Determination Worksheet (Total $ Cost of Repairs) = _______________ ____________________________________________ = _______________ Percent (%) Damaged (Building Market Value) = _______________ In the event that the Percent Damaged is equal to or greater than 50%, the building is substantially damaged. 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