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Risk to HomeValues. These millions of properties across the US represent a significant subset of the larger real-estate market which has not adequately priced the cost of climate risk into its valuation. percent, the highest level since March 2002, from 7.08 Source: First Street Foundation Sept. million properties, 23.9
Is there any way to mitigate the risk and improve the property value? Building homes at a higher elevation will help. Regression results suggested that every foot of elevation can increase homevalue by 1.6% value to property. in a non-coastal flood zone. An Ohio appellate court recently said “no.”
HomeValue Stories. The HomeValue Stories podcast, hosted by residential real estate appraiser Jamie Owen, is designed for those who would like to learn more about real estate appraisals and other real estate-related topics. Check out a recent episode, titled “Are You Trading Time for Money?”
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