Substantial damage means damage of any origin sustained by a structure in which the cost of restoration of the structure to its condition before damage would equal or exceed 50 percent of the market value of the structure before the damage occurred.
If the repairs and upgrades that you have made or plan to make to your home exceed 50% of the value of the home, you are required to bring your home into compliance with Ocean City's Flood Damage Prevention Ordinance which could include raising your home, depending on the current elevation of the structure.
The following items shall be included in the repair/upgrade costs: All structural elements (spread or continuous foundation footings and pilings, monolithic or other types of concrete slabs, bearing walls, tie beams, trusses, floors, and ceilings), attached decks and porches, interior partition walls, exterior wall finishes (brick, stucco, siding, painting, and moldings), windows, doors, reshingling or retiling a roof, hardware, interior finishes (tiling, linoleum, stone, carpet over subflooring, drywall, painting, stucco, plaster, paneling, marble), bathroom tile and fixtures, kitchen cabinets, bathroom cabinets, utility cabinets, all utility and service equipment (HVAC equipment, plumbing and electrical services, light fixtures, ceiling fans, security systems, built in kitchen appliances, central vacuum systems, water filtration-conditioning-recirculation systems), demolition costs for storm damaged building components, labor and other associated costs associated with moving or altering undamaged building components to accommodate improvements or additions, overhead and profits.
Items excluded from the repair/upgrade costs: plans and specifications, survey costs, permit fees, post-storm debris removal and clean up, landscaping, sidewalk, fences, yard lights, swimming pools, screened pool enclosures, detached structures (garages, sheds, and gazebos), and irrigation systems.
For more information visit the Home Elevation Frequently Asked Questions Page