Real Estate
Innovative Tools for Real Estate Professionals and Home Buyers
Flood Inundation Tool
The Flood Inundation Tool estimates potential water depth inside buildings. The map above shows flood potential for a 40-block area of Galveston, Texas, if Hurricane Ike struck again in the year 2050, given the intermediate sea-level rise scenario.
Change in Appraised Values after Past Hurricane Map
The Change in Appraised Values after Past Hurricane Map depicts change in property values after past hurricanes from a geographic perspective. The tool provides you with a sense of geographic clusters, enabling you to obtain a better picture of flood risk. Following hurricanes, most cities have one or more clusters of homes that APPRECIATE, usually in areas that were untouched by flood waters.
Change in Appraised Values after Past Hurricane Graph
Following Hurricane Ike, the average property value fell by more than 20% in Galveston, Texas. However, property values APPRECIATED in several geographic clusters where flood waters did not reach. See where your property fits in the Change in Appraised Values after Past Hurricane Graph.
Flood Risk Window Tool
Nobody buys a home for one year. Yet, we hear that homes in the 100-year flood plain have a 1% chance of flooding annually. A more important question to ask is, "What is the chance my home will flood in a 30-year mortgage?" The Flood Risk Window Tool enables you to select a window into the future and see actual flood risk. Many homeowners are shocked to see that a home on the edge of the 100-year floodplain has a 26% chance of flooding in a 30-year mortgage.
Pinpoint Flood Level Tool
The Pinpoint Flood Level Tool breaks flood waters down into different sources, like sea-level rise and storm surge. This tool enables you to select different flood levels, like the 50-year flood, and see how high water will rise in the future. Your home or business is placed at its actual elevation, enabling you to quickly assess flood risk.