Underwater- Rising Seas, Chronic Floods, and the Implications for US Coastal Real Estate

Topic Areas:

Climate Change, Water

Manuscript Keywords:

Community Keywords:

property value, coast, real estate, flooding, rising sea, sea level rise, climate change, residential property

Why is this useful?

This report is intended to help individuals and communities appreciate when sea level rise may place existing coastal properties (aggregated by community) at risk of tidal flooding. It captures the current value and tax base contribution of those properties (also aggregated by community) and is not intended to project changes in those values, nor in the value of any specific property.

Citation:

Data provided by third parties through the Zillow Transaction and Assessment Dataset (ZTRAX). More information on accessing the data can be found at https://www.zillow.com/ztrax. The results and opinions presented in this report are those of the Union of Concerned Scientists and do not reflect the position of Zillow Group.

Abstract:

Sea levels are rising. Tides are inching higher. High-tide floods are becoming more frequent and reaching farther inland. And hundreds of US coastal communities will soon face chronic, disruptive flooding that directly affects people's homes, lives, and properties. Yet property values in most coastal real estate markets do not currently reflect this risk. And most homeowners, communities, and investors are not aware of the financial losses they may soon face. This analysis looks at what's at risk for US coastal real estate from sea level rise—and the challenges and choices we face now and in the decades to come.

Underwater- Rising Seas, Chronic Floods, and the Implications for US Coastal Real Estate

Topic Areas:

Climate Change, Water

Manuscript Keywords:

Community Keywords:

property value, coast, real estate, flooding, rising sea, sea level rise, climate change, residential property

Why is this useful?

Citation:

Abstract:

Authors:

Union of Concerned Scientists

Powered by Community

What Would you Like
to Do?

Underwater- Rising Seas, Chronic Floods, and the Implications for US Coastal Real Estate

Topic Areas:

Climate Change, Water

Manuscript Keywords:

Community Keywords:

property value, coast, real estate, flooding, rising sea, sea level rise, climate change, residential property

Why is this useful?

Citation:

Abstract:

Authors:

Union of Concerned Scientists

Powered by Community

What Would you Like to Do?

What Would you Like
to Do?