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floodplain map: Real Estate Values and Flooding: What’s the Impact?
- 11/15/16 03:49 AM
It is reasonable to question why anyone would buy a home in a floodplain. Perhaps the house sits in a beautiful historic town, or maybe some feel that having a picturesque waterfront property is worth the trouble caused by a flood. Unfortunately, climate change and global warming will be increasing both the severity and frequency of floods around the world. How this will impact the real estate market is a concern. Although the obvious answer is declining property values, the situation is multifaceted and consists of contradictory answers.
How Does Flooding Impact Real Estate Price?
According to the Insurance Bureau of Canada, … (0 comments)
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It is reasonable to question why anyone would buy a home in a floodplain. Perhaps the house sits in a beautiful historic town, or maybe some feel that having a picturesque waterfront property is worth the trouble caused by a flood. Unfortunately, climate change and global warming will be increasing both the severity and frequency of floods around the world. How this will impact the real estate market is a concern. Although the obvious answer is declining property values, the situation is multifaceted and consists of contradictory answers. 
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