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<title>Hurricane Harvey could cause $40 billion worth of damage on Texas coast | FOX31 Denver</title>

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        <h1 class="entry-title">Hurricane Harvey could cause $40 billion worth of damage on Texas&nbsp;coast</h1>
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          <span class="posted-time">Posted 11:02 am, August 25, 2017, by <a href="http://kdvr.com/author/cnn-wire/" title="Posts by CNN Wire" class="author url fn" rel="author">CNN Wire</a></span>        </div>
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<p>CORPUS CHRISTI, Texas &#8212; When Hurricane Harvey rips through the coastal Texas landscape, it could leave behind nearly $40 billion worth of damage, according to an estimate from CoreLogic.</p>
<p>The analytics firm said that its latest data show about 232,721 homes on the Texas coast are in the path of the storm, which is expected to make landfall late Friday or early Saturday.</p>
<p>CoreLogic estimates the reconstruction costs of those homes will reach $39.6 billion if the storm does reach a Category 3, as current predictions indicate.</p>
<p>The estimates include the &#8220;cost to completely rebuild a property in case of damage, including labor and materials by geographic location, assuming a worst case scenario at 100 percent destruction,&#8221; the firm said.</p>
<p>More than $20 billion worth of those damages could be in the Houston metropolitan area alone. That&#8217;s one of the most densely populated areas in the United Sates, with more than 5.6 million residents.</p>
<p>If the storm remains a Category 2, CoreLogic estimates the damages could be mitigated, but would still reach nearly $17 billion.</p>
<p>Evacuations have already begun along the Texas coastline, and local officials are urging residents to avoid the streets.</p>
<p>One storm chaser said Harvey is &#8220;about as a life-threatening as it can get.&#8221;</p>





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	<h4 class="entry-title"><a href="http://kdvr.com/2018/02/12/trumps-4-4-trillion-budget-moves-deficit-sharply-higher/" rel="bookmark">Trump&#8217;s $4.4 trillion budget moves deficit sharply&nbsp;higher</a></h4>
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	<h4 class="entry-title"><a href="http://kdvr.com/2018/01/03/winter-storm-threatens-east-coast-bringing-temperatures-colder-than-mars/" rel="bookmark">Winter storm threatens East&nbsp;Coast</a></h4>
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		<a class="story-image" href="http://kdvr.com/2017/12/28/trump-east-coast-could-use-global-warming/"><img width="370" height="204" src="https://localtvkdvr.files.wordpress.com/2017/12/171226114812-01-donald-trump-1221-exlarge-tease.jpg?quality=85&amp;strip=all&amp;w=370&amp;h=204&amp;crop=1" class="attachment-grid-thumbnail size-grid-thumbnail wp-post-image" alt="" srcset="https://localtvkdvr.files.wordpress.com/2017/12/171226114812-01-donald-trump-1221-exlarge-tease.jpg?quality=85&amp;strip=all&amp;w=370&amp;h=204&amp;crop=1 370w, https://localtvkdvr.files.wordpress.com/2017/12/171226114812-01-donald-trump-1221-exlarge-tease.jpg?quality=85&amp;strip=all&amp;w=740&amp;h=408&amp;crop=1 740w, https://localtvkdvr.files.wordpress.com/2017/12/171226114812-01-donald-trump-1221-exlarge-tease.jpg?quality=85&amp;strip=all&amp;w=150&amp;h=83&amp;crop=1 150w, https://localtvkdvr.files.wordpress.com/2017/12/171226114812-01-donald-trump-1221-exlarge-tease.jpg?quality=85&amp;strip=all&amp;w=300&amp;h=165&amp;crop=1 300w" sizes="(max-width: 370px) 100vw, 370px" /></a>
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	<h4 class="entry-title"><a href="http://kdvr.com/2018/01/10/ice-raids-7-eleven-stores-across-the-country-in-new-immigration-enforcement/" rel="bookmark">ICE raids 7-Eleven stores in Denver, across country in new immigration&nbsp;enforcement</a></h4>
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		<a class="story-image" href="http://kdvr.com/2018/01/10/victim-search-expands-as-california-storm-mudslides-kill-15/"><img width="370" height="204" src="https://localtvkdvr.files.wordpress.com/2018/01/180109150210-11-california-mudslide-exlarge-tease.jpg?quality=85&amp;strip=all&amp;w=370&amp;h=204&amp;crop=1" class="attachment-grid-thumbnail size-grid-thumbnail wp-post-image" alt="" srcset="https://localtvkdvr.files.wordpress.com/2018/01/180109150210-11-california-mudslide-exlarge-tease.jpg?quality=85&amp;strip=all&amp;w=370&amp;h=204&amp;crop=1 370w, https://localtvkdvr.files.wordpress.com/2018/01/180109150210-11-california-mudslide-exlarge-tease.jpg?quality=85&amp;strip=all&amp;w=740&amp;h=408&amp;crop=1 740w, https://localtvkdvr.files.wordpress.com/2018/01/180109150210-11-california-mudslide-exlarge-tease.jpg?quality=85&amp;strip=all&amp;w=150&amp;h=83&amp;crop=1 150w, https://localtvkdvr.files.wordpress.com/2018/01/180109150210-11-california-mudslide-exlarge-tease.jpg?quality=85&amp;strip=all&amp;w=300&amp;h=165&amp;crop=1 300w" sizes="(max-width: 370px) 100vw, 370px" /></a>
	<h4 class="entry-title"><a href="http://kdvr.com/2018/01/10/victim-search-expands-as-california-storm-mudslides-kill-15/" rel="bookmark">Victim search expands as California storm, mudslides kill&nbsp;15</a></h4>
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