Research ArticleOpen accessIn the keywordsThe Impact of a Letter of Map Amendment on Floodplain Property ValueJames E. LarsenSubstantial empirical evidence indicates properties across the United States that are located within a Special Flood Hazard Area (SFHA) sell at a discount compared to similar properties otherwise located. This result is also true in our sample. Researchers have suggested the price discount equals a combination of the present value of the required flood insurance premiums and the value of … …American Journal of Economics and Business Administration, Vol. 4, Issue 3 · 14 Aug 2012 · 6,894 accessesView PDFCite