While Angi puts the cost of fire damage restoration for the average home at $27,258, it says prices can reach up to $180,000 depending on the extent of the damage.
However, the median home price in the affluent Pacific Palisades neighborhood, where the largest of Southern California’s wildfires is burning, is more than $3 million, according to a J.P. Morgan report released Wednesday. The median home price in Butte County, where the Camp Fire burned in 2018, was less than $500,000.
Element Homes, a custom home builder in California, estimated the average cost of rebuilding a home in Malibu after the Franklin Fire in December was $200,000 per 1,000 square feet.
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Publish date : 2025-01-11 08:55:00
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