Baton Rouge Homes At High Climate Risk, According to Realtor.com Research

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ICARO Media Group
News
13/03/2024 20h41

According to recent research published by Realtor.com, Baton Rouge-area homes are among those nationwide with the highest potential for climate risks. The website has introduced climate risk factor scores that assess the area's susceptibility to heat, wind, and air quality damage to homes.

Initial scores reveal that 100% of the homes in the Baton Rouge market are at risk for severe or extreme heat and wind risks. The market value of Baton Rouge is estimated to be $64.7 billion, according to the research conducted by Realtor.com.

New Orleans-area homes have also made it on both lists, with their market value reaching $106.8 billion. The study further reveals that in 2024, approximately 40.4% of homes in the United States will face severe or extreme heat risks. Additionally, just over 18% of the population will be exposed to severe or extreme wind risks.

While neither Baton Rouge nor New Orleans appeared on the list for air quality risks, it is still crucial to consider the potential impact of climate change on these areas. In order to derive these climate risk factor scores, Realtor.com collaborated with First Street - a climate technology company specializing in climate change and its connection to financial risks.

The introduction of climate risk factor scores aims to provide homeowners, potential buyers, and real estate agents with valuable information regarding the potential climate vulnerabilities of a particular area. Understanding these risks can help individuals make informed decisions about their investments and the safety of their homes.

As climate change continues to shape the world we live in, it is important for communities and individuals to be aware of potential risks and take appropriate action to mitigate them. The research conducted by Realtor.com serves as a valuable resource in understanding the climate risks faced by Baton Rouge and New Orleans, and it highlights the urgent need for proactive measures to protect homes and communities against these threats.

The views expressed in this article do not reflect the opinion of ICARO, or any of its affiliates.

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