Home owners insurance will vary depending on the value of the home minus the land value. An oceanfront home might be $200,000 with a $50,000 house on a $150,000 lot and the home insurance is based on the $50k. Another house might be next to a city dump and the lot is worth $20,000 and the house is a mansion worth $180,000 making the insurance more costly. So you can't answer your question as asked. We need to know the home value, not the lot and home value.