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But it can majorly impact how much your home is worth both now and in the future.
It could also have an impact on how homes are constructed.
This doesnt necessarily mean your property will lose value, but it could.
Phoenixs desert climate influences the construction of homes in this area.
They often prioritize cooling systems, pools, and energy efficiencies such as solar panels, she continued.
Northern Arizona communities within Coconino County, like Flagstaff, have warm, temperate summers and snowy alpine winters.
DespitePhoenix and Flagstaffbeing only two and a half hours apart, the climates are very different, Dierks said.
The homes tend to have thicker walls, double-pane windows and efficient heating sources such as furnaces or fireplaces.
In Flagstaff, many homes incorporate materials that offer better thermal regulation and insulation.
In Phoenix, meanwhile, materials tend to be more heat-resistant.
Parts of Wisconsin
Climate change is an all-encompassing beast that affects real estate.
But its more than just possible property damages youll need to consider.
All of these factors can negatively affect home values if youre not prepared.
Properties in flood-prone zones often see diminished value due to higher insurance premiums and potential water damage.
But its not just that.
Properties in high-risk fire zones often see lower values due to heightened insurance costs and potential future damages.
Other natural disasters, like earthquakes, can also hike up home insurance prices.
Homes that arent properly outfitted with earthquake-resistant features can also lose value quickly and vice versa.
The Gulf Coast is frequently affected by hurricanes and severe storms, he said.
The high risk of property damage and associated costs can impact [both] home values and buyer interest.
According to Jude, certain real estate markets could be more affected by the climate than others.
States located in Tornado Alley … are more likely to experiencesevere thunderstorms and tornadoes.
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