Bear in mind that this only accounts for the cost per square foot to actually build the house, not the "Sitework", utility connections, Architectural fees, landscaping, fencing, furnishings, etc.
Please also bear in mind that your property may be subject to reassessment by the tax collector once rebuilt, which could increase your tax bill. For more on that, click here.
TOTAL COVERAGE FUNDS = $0
Don't worry. If you're in the red it doesn't mean you can't rebuild, there are many entities and programs to help bring your cost per square foot down. For some of those solutions,click here.