Maryland home rebuild cost calculator
By Severance Calculator Editorial · Updated
What does it cost per square foot to rebuild a home in Maryland?
Maryland is in the South Atlantic Census division; NAHB 2024 median custom $/sqft is $155. Washington and Baltimore metro labor markets generally run above the regional baseline; Eastern Shore counties run closer to it.
Maryland replacement-cost statute
Maryland Insurance Article §19-205 (Annual Summary Statements) — view full text.
Under Md. Ins. §19-205, homeowners insurers must provide policyholders with an annual statement summarizing the policy's coverages, exclusions, and the basis of loss payment (replacement cost, ACV, or other method) for covered structures and contents, along with a disclosure that flood is not covered by the standard form.
Post-disaster reconstruction premium
Maryland's Chesapeake Bay coastline and Eastern Shore face hurricane and nor'easter exposure; the I-95 corridor sees severe convective storm losses. Annapolis and Baltimore historic-district stock carries ordinance-or-law and code-upgrade reconstruction costs.
Where to get help in Maryland
FAQ — Maryland rebuild cost
- Is replacement cost coverage required in Maryland?
- Under Md. Ins. §19-205, homeowners insurers must provide policyholders with an annual statement summarizing the policy's coverages, exclusions, and the basis of loss payment (replacement cost, ACV, or other method) for covered structures and contents, along with a disclosure that flood is not covered by the standard form.
- What happens to rebuild costs after a major disaster in Maryland?
- Maryland's Chesapeake Bay coastline and Eastern Shore face hurricane and nor'easter exposure; the I-95 corridor sees severe convective storm losses. Annapolis and Baltimore historic-district stock carries ordinance-or-law and code-upgrade reconstruction costs.
- What is the typical $/sqft to rebuild in Maryland?
- Maryland is in the South Atlantic Census division; NAHB 2024 median custom $/sqft is $155. Washington and Baltimore metro labor markets generally run above the regional baseline; Eastern Shore counties run closer to it.