The name Papua was used to refer to parts of the island before contact with the West. Its etymology is unclear; one theory is that it is from Tidore, the language used by the Sultanate of Tidore, which controlled parts of the island's coastal region. Puncak Jaya, sometimes known by its former Dutch name Carstensz Pyramid, is a mist covered limestone mountain peak on the Indonesian side of the border. 2  At 4,884 metres (16,024 ft), Puncak Jaya makes New Guinea the world's fourth highest landmass.
Being in a flood area can impact the price of your home for resale since it increases the monthly cost for your buyer. Ask a local agent what the difference in value between a flood plain house and a non flood plain house would be in your area.1 review). If the house is placed in a 100-year flood zone, it will have a lower resale value than the same house/property in a nonflood area.
Yes, it will lower the value vis-a-vie other homes not in a flood zone simply because the operating expenses of your property will include the cost of flood insurance. Buyers of your home will have to earn more money to meet debt ratio requirements than buyers of other similar homes.ome questions for you are; if your home was not in the flood zone before how much of the property is now in the flood zone, how did you find out that your home was in a flood zone, if in fact your home was in a flood plain before you purchased it you do have some options.