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Halpin estimated the casualty loss to petitioner’s home by
comparing its fair market value before and after the earthquake.
He concluded that the fair market value of petitioner’s home was
$324,000 before and $116,700 after the earthquake, for a $207,300
loss in value. He estimated the loss in value by considering the
cost of restoring petitioner’s home to its pre-earthquake
condition.
Halpin estimated that it would cost $157,364.02 to restore
petitioner’s home to its pre-earthquake condition. He estimated
that it would cost $50,000 for a pier foundation retrofit
required by the 1988 State building code. There was an existing
pier foundation, but the earthquake made it inadequate.
Halpin estimated the cost of repairs as follows:
General Items
Project management $7,340.10
Progressive/postconstruction
cleanup 2,264.80
Architectural/engineering
services 3,500.00
Soils report/engineering 2,250.00
General labor (materials and
equipment handling) 4,320.00
Interior/exterior
scaffolding 2,050.00
Content move-out/packing 4,250.00
Content move-back/unpacking 4,250.00
Content storage 250.00
Permit fees 665.00
Detach/reset window treatment
for all rooms 445.00
General repair allowance
(e.g., rafters, joists) 1,100.00
Subtotal 32,684.90
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Last modified: May 25, 2011