Climate change is forcing people to rethink where they want to live. A recent study by Realtor.com shows a growing number of people are concerned about the impact of climate change on their current and future homes.
This blog post explores how climate risks can affect your home buying decisions and what you can do to protect yourself.
How Climate Change Affects Your Home Buying Decision
- Climate Risks: Consider the likelihood of your future home being exposed to hazards like wind, floods, and wildfires.
- Home Quality: Look for a home built with features that can withstand environmental hazards, such as a secondary water barrier on the roof or fire-resistant exterior walls.
- Insurance Costs: Climate risks can make it difficult or expensive to obtain homeowners insurance. Factor this into your budget when considering a property.
How to Protect Yourself
- Work with a Real Estate Agent: A local agent can advise you on the climate risks in your chosen area and help you find a home with the right features.
- Get Insurance Quotes Early: The cost of homeowners insurance can vary depending on the climate risks in your area. Get quotes early in the process to factor this into your budget.
Summary
Climate change is a big factor to consider when buying a home. By working with a qualified real estate agent, you can find a home that is both a good fit for you and well-protected from the elements.
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