upscale and/or complex the damaged structure, the more expensive repairs will be for Barbados conditions. For example, the reconstruction unit cost of a Chattel and a Villa are $38/sq-ft and $250/sq-ft, respectively. Table 1: Estimates of flood damages to structures (Source: Guidelines for Analysis, US Federal Emergency Management Agency (2009) Flood Depth % of Damage to Structure in Feet 1 Story Building, No Basement 2 Story Building, No Basement 0 to < 1 9% 5% 1 to < 2 14% 9% 2 to < 3 22% 13% 3 to < 4 27% 18% 4 to < 5 29% 20% 5 to < 6 30% 22% 6 to < 7 40% 24% 7 to < 8 43% 26% 8 to < 9 44% 29% 9 + 45% 33% Table 2: Cost of rebuilding or repairing a damaged Structure ($BBD) Structure Type Cost of New Structure Repair cost (approximately 50% of the cost to reconstruct/ rebuild in Barbados) Residential $ 250/sq ft $ 125 / sq ft Chattel $ 75 / sq ft $ 38 / sq ft Commercial $ 300 to $ 600 / sq ft $ 150 / sq ft Hotel/Resort $ 500 / sq ft $ 250 / sq ft
upscale and/or complex the damaged structure, the more expensive repairs will be for Barbados conditions. For example, the reconstruction unit cost of a Chattel and a Villa are $38/sq-ft and $250/sq-ft, respectively. Table 1: Estimates of flood damages to structures (Source: Guidelines for Analysis, US Federal Emergency Management Agency (2009) Flood Depth in Feet % of Damage to Structure 1 Story Building, No Basement 2 Story Building, No Basement 0 to < 1 9% 5% 1 to < 2 14% 9% 2 to < 3 22% 13% 3 to < 4 27% 18% 4 to < 5 29% 20% 5 to < 6 30% 22% 6 to < 7 40% 24% 7 to < 8 43% 26% 8 to < 9 44% 29% 9 + 45% 33% Table 2: Cost of rebuilding or repairing a damaged Structure ($BBD) Structure Type Cost of New Structure Repair cost (approximately 50% of the cost to reconstruct/ rebuild in Barbados) Residential $ 250/sq ft $ 125 / sq ft Chattel $ 75 / sq ft $ 38 / sq ft Commercial $ 300 to $ 600 / sq ft $ 150 / sq ft Hotel/Resort $ 500 / sq ft $ 250 / sq ft
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