How flood risk affects home values

Houses for sale in a flood zone are around 10% cheaper than surrounding areas, according to new research. However, the reduced price tag is not worth the extra risk and can burden buyers with long-term insurance costs, according to new research.

How flood risk affects home values
Houses for sale in a flood zone are around 10% cheaper than surrounding areas, according to new research. However, the reduced price tag is not worth the extra risk and can burden buyers with long-term insurance costs, according to new research.