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Flooding and Elevation: An Examination of Differential Price Responses to Flood Events

Calvin Blackwell et al.

Journal of Sustainable Real Estate2024https://doi.org/10.1080/19498276.2024.2372133article
ABDC C
Weight
0.44

What the paper says

Although many studies show elevating properties in flood-prone areas can be cost effective, few, if any, studies have examined the impact of home elevation on property values. We examine the impact of multiple flood events on property values of elevated and non-elevated homes in Charleston, SC. We find flooding significantly reduces the rate of appreciation, and home elevation increases the rate of lost appreciation. Our results suggest home elevation is not a flood risk adaptation and mitigation strategy valued by the market.

4 citations

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https://doi.org/https://doi.org/10.1080/19498276.2024.2372133

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@article{calvin2024,
  title        = {{Flooding and Elevation: An Examination of Differential Price Responses to Flood Events}},
  author       = {Calvin Blackwell et al.},
  journal      = {Journal of Sustainable Real Estate},
  year         = {2024},
  doi          = {https://doi.org/https://doi.org/10.1080/19498276.2024.2372133},
}

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Flooding and Elevation: An Examination of Differential Price Responses to Flood Events

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Evidence weight

0.44

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.32 × 0.4 = 0.13
M · momentum0.60 × 0.15 = 0.09
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.