Iowa home rebuild cost calculator
By Severance Calculator Editorial · Updated
What does it cost per square foot to rebuild a home in Iowa?
Iowa is in the West North Central Census division; NAHB 2024 median custom $/sqft is $159. Des Moines and Cedar Rapids metro labor markets generally run near the regional baseline; post-derecho roofing surge pricing remains a relevant historical reference.
Iowa replacement-cost statute
Iowa Code §515.135 (presumption as to value) within Chapter 515 (Insurance Other Than Life) — view full text.
Under Iowa Code §515.135, the amount stated in a fire policy is received as prima facie evidence of the insurable value of the property at the policy date. Replacement-cost coverage is provided by endorsement and is increasingly the default form in the Iowa personal lines market.
Post-disaster reconstruction premium
Iowa sits in northern Tornado Alley and experienced the historic August 2020 derecho, which drove statewide insured losses on the order of $11B and meaningful post-event labor cost spikes for roofing and exterior repairs.
Where to get help in Iowa
FAQ — Iowa rebuild cost
- Is replacement cost coverage required in Iowa?
- Under Iowa Code §515.135, the amount stated in a fire policy is received as prima facie evidence of the insurable value of the property at the policy date. Replacement-cost coverage is provided by endorsement and is increasingly the default form in the Iowa personal lines market.
- What happens to rebuild costs after a major disaster in Iowa?
- Iowa sits in northern Tornado Alley and experienced the historic August 2020 derecho, which drove statewide insured losses on the order of $11B and meaningful post-event labor cost spikes for roofing and exterior repairs.
- What is the typical $/sqft to rebuild in Iowa?
- Iowa is in the West North Central Census division; NAHB 2024 median custom $/sqft is $159. Des Moines and Cedar Rapids metro labor markets generally run near the regional baseline; post-derecho roofing surge pricing remains a relevant historical reference.