LITV Rising Seas Erode $15.8 Billion in Home Value from Maine to Mississippi
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- Tabitha Mitchell
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1 F O U N D A T I O N From The Reality-Based Community Media Contact 1 Carolyn FirstStreet.org LITV Rising Seas Erode $15.8 Billion in Home Value from Maine to Mississippi Researchers add Maryland, Delaware, Pennsylvania to ongoing analysis For Immediate Release: Wednesday, February 27, 2019 Data scientists from First Street Foundation and Columbia University have expanded their peer-reviewed housing market research to include approximately 3.7 million coastal properties in Maryland, Delaware, and Pennsylvania, finding increased tidal flooding caused by sea level rise has eroded $862.1 million in relative property values between 2005 and This section of the Mid-Atlantic completes the researchers' researchers analysis of the Eastern Seaboard, bringing the total loss among all 15 East Coast states, Alabama, and Mississippi to $15.8 billion. The Foundation's Foundation s previous research has been reported by The Boston Globe, CBS Moneywatch, The Wall Street Journal, Bloomberg, Axios, The Washington Post, and The Christian Science Monitor. Mid - Atlantic Data Among the three latest states analyzed, coastal properties in Maryland were hit hardest, losing $555.7 million in relative appreciation. Properties in Delaware saw $299.5 million in unrealized value, followed by Pennsylvania at $10.1 million. Researchers also analyzed Washington D.C., which showed minimal impact. One of the region's region s hardest hit properties, a single family home on East Side Drive in Rehoboth Beach, lost $481,258 over the 12 year study period (see Mid-Atlantic: State Rankings, Hardest Hit Cities, and State by State Analysis) State Analysis Among the 17 states analyzed to date, Florida has seen the greatest loss in relative home values at $5.4 billion, followed by New Jersey at $4.5 billion, and New York at $1.3 billion. Ocean City, New Jersey; Miami Beach, Florida; and Charleston, South Carolina saw the greatest losses in relative property value (see East and Gulf Coasts: State Rankings, Hardest Hit Cities, and State by State Analysis). Flood iq Coastal homeowners can learn how much relative value their personal property has lost at FloodiQ.com. The interactive flood visualization tool also shows current inundation estimates for frequent and highest annual tidal floods, as well as hurricane storm surge, and how those levels are projected to increase over the next 15 years. FloodiQ.com is the first publicly available database that gives coastal residents, homeowners, and prospective homebuyers access to comprehensive flood risk and property value loss information. Research and Methodology Steven A. McAlpine, Head of Data Science at First Street Foundation, and Dr. Jeremy R. Porter, a Columbia University professor and First Street Foundation statistical consultant, first established their peer-reviewed methodology with an analysis of the Miami-Dade County real estate market. That study, published in the journal Population Research and Policy Review, showed $465 million was lost from 2005 to 2017 due to sea level rise flooding. McAlpine and Porter have since created 18 housing market-specific models. By analyzing approximately 13.3 million real estate transactions, and applying the results to 25.6 million properties, the researchers have found a $15.8 billion loss in home value appreciation across 17 states. From "From Maine to Florida and through the Gulf Coast, we have seen the same phenomenon, phenomenon," said Porter. Increased "Increased tidal flooding has led to a loss in home value appreciation. We expect this trend to not only continue in the coming years, but to accelerate along with the accelerating rate of sea level rise." rise. FirstStreet.org 1
2 F O U N D A T I O N From The Reality-Based Community Media Contact 1 Carolyn FirstStreet.org McAlpine and Porter's Porter s research is the first to quantify the observed negative impact of increasingly frequent tidal flooding, driven by sea level rise, on the housing market. Other models have forecasted the future impact of sea level rise flooding on coastal properties, but this is the first to demonstrate value loss that has already occurred. By taking into account characteristics associated with home value, such as square footage and proximity to amenities, and accounting for economic trends like the 2008 housing recession, the scientists were able to isolate the impact that increased frequent tidal flooding caused by sea level rise has had on home value. While most of the affected homes appreciated in value over the studied period, they did so at a significantly lower rate than comparable homes unaffected by tidal flooding. The research is also the first to find that in addition to direct property-lot flooding, nearby road flooding also has a major impact on home value. This "This is critical information for people in coastal areas because it contextualizes the cost-benefits of personal and municipal adaptation measures," measures, said McAlpine. It "It also empowers people to make informed decisions when buying or selling a home." home. Matthew Eby is the Executive Director of First Street Foundation. Flooding "Flooding is the costliest natural disaster in the United States," States, said Eby. FEMA "FEMA is the gold standard when it comes to Americans understanding their flood risk, yet FEMA's FEMA s flood maps are fundamentally wrong. First Street Foundation's Foundation s home value research is the first step toward our goal of providing accurate, meaningful, and comprehensive flood risk information to every American." American. First Street Foundation is a 501(c)(3) tech nonprofit that quantifies and communicates the impacts of sea level rise and flooding. Detailed methodolgy can be found here. FirstStreet.org 2
3 F O U N D A T I O N From The Reality-Based Community Media Contact 1 Carolyn FirstStreet.org Mid - Atlantic Analysis State Rankings Rank State Loss 1 Maryland -$555,725,150 2 Delaware -$299,530,473 3 Pennsylvania -$10,148,959 Top 20 Hardest Hit Cities Rank City State Loss 1 Crisfield MD -$38,056,766 2 Bethany Beach DE -$31,153,607 3 Ocean City MD -$28,979,850 4 West Ocean City MD -$20,395,073 5 Edgemere MD -$18,986,668 6 South Bethany DE -$17,721,041 7 Smith Island MD -$16,940,924 8 Bowers DE -$13,597,077 9 Oxford MD -$13,462, Fairmount MD -$12,929, Fenwick Island DE -$11,961, Shady Side MD -$10,945, Deal Island MD -$9,467, Annapolis Neck MD -$9,236, Baltimore MD -$8,893, Mayo MD -$7,999, Rock Hall MD -$7,707, Madison MD -$6,799, Fishing Creek DE -$6,385, North Beach MD -$6,026,234 FirstStreet.org 3
4 FIRST TREE F 0 U N D A TICN From The Reality-Based Community w001 COMOWMY apennall cam Medla Contact Camslyn(WirstStreetorg Media Contact Mid-Atlantic Property Value Loss Heat Map Mid-Atlantic Property Value Loss Heat Map Relative Property Loss Relative Property Loss PrciectIcat Menilend Stet* Plena Projection: Maryland State Plane In Millions of Dollars by Zip Code In Millions of Dollars by Zip Code FirstStreetorg es. 4 FirstStreet.org 4
5 FIVOI From The Reality-Based fy-land CreimodllY Community sainersitscrei Media Contact 1 Carolyn.F1rstStreetorig Maryland: Top 5 Hardest Hit Cities 91 b 0 o... 1., o 0 - o 0 a -.. co. zz- -c- cb,1/4, 0 cr,c si: 0) 0 0 1:52 coe / 4,4, b 0c 0 is-16,940,924 I $-18,986,668 I $-20,395, ,979, ,056,766 Maryland: Significantly Impacted Homes City: Ocean City Street Saint Louis Ave Relative Value Loss: -$328,569 City: Ocean City Street: 11th St Relative Value Loss: -$306,368 City: North Beach Street: Annapolis Ave Relative Value Loss: -$281,193 S. FirstStreetorg FirstStreet.org 5
6 FIRST STREET From /t001 The Resity-rand Reality-Based cats Community sameactscom Media medb Contact J098 Carolyn.F1rstStreetorg Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Ocean City Street: 11th St Depth of flooding (feet) <1 W City: North Beach Street: Annapolis Ave < City: Ocean City Street: Saint Louis Ave Depth of Flooding (foot) < FirstStreetorg FirstStreet.org 6
7 From The Reality-Based fy.-4 M aelegpmy Community spoisroissistei Mg Media corrtact Contact J098 Carolyn.FirstStreetorig Delaware: Top 5 Hardest Hit Cities me 91t 5-6,017,840 1 $-11,961,055 i 6-13,597, ,721,041 I S-31,153,607 Delaware: Significantly Impacted Homes City: Rehoboth Beach Street: East Side Dr Relative Value Loss: -$481,258 City: Ocean View Street: Seaside Dr Relative Value Loss: -$296,351 City: Bowers Street: N Bayshore Rd Relative Value Loss: -$266,914 FirstStreetorg FirstStreet.org 7
8 Mesa From TheileoltpasalCosegelemit, Reality-Based Community somassame Cerdyn Wed Media b Conga Contact I ,7098 CerCiyriOnnitStreet.Org Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Rehoboth Beach Street: East Side Dr Depth of Reeding (feet) Mat M3+ City: Ocean View Street: Seaside Dr Depth of Flooding (foot) <1 1 2 MI 2-3 IM3* City: Bowers Street: N Bayshore Dr Depth of Flooding nett, NO M * di FirstStreet.org Fl rststreetorg di 8
9 From The Reality-Based fy-land CreimodllY Community sainersitscrei Media Contact 1 Carolyn.F1rstStreetorg Pennsylvania: Top 5 Hardest Hit Cities I $-67,076 I $-79,210 I $-1,584,766 I $-2,470,771 $-3,042,366 Pennsylvania: Significantly Impacted Homes City: Ridley Park Street: East Ln Relative Value Loss: -$51,978 City: Bensalem Street: State Rd Relative Value Loss: -S47,782 City: Essington Street: Jansen Ave Relative Value Loss: -$38,332 s FirstStreet.org 9
10 FIRST STREET 1From 1001 Theg115.-land Reality-Based aelegpmy Community SlinefilaSIX01 made Media Contact J098 Carolyn.F1rstStreetorg Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Ridley Park Street: East Ln < City: Bensalem Street: State Rd < City: Essington Street: Jansen Ave Depth of Flooding (foot) < FirstStreetorg FirstStreet.org 10
11 F O U N D A T I O N From The Reality-Based Community Media Contact 1 Carolyn FirstStreet.org 17 - State Analysis State Rankings Rank - State- Loss 1 Florida -$5,422,165,140 2 New Jersey -$4,522,798,463 3 New York -$1,301,333,910 4 South Carolina -$1,111,154,304 5 Connecticut -$915,873,888 6 North Carolina -$582,251,970 7 Maryland -$555,725,150 8 Delaware -$299,530,473 9 Virginia -$280,290, Massachusettes -$273,392, Mississippi -$263,764, Alabama -$157,868, Maine -$69,865, Rhode Island -$44,715, Georgia -$15,268, New Hampshire -$15,166, Pennsylvania -$10,148,959 Top 20 Hardest Hit Cities Rank City State Loss 1 Ocean City NJ -$530,439,399 2 Miami Beach FL -$337,167,466 3 Hollywood FL -$304,568,101 4 Charleston SC -$266,217,606 5 Saint Petersburg FL -$243,968,610 6 North Beach Haven NJ -$216,899,215 7 Sea Isle City NJ -$208,644,351 8 Fort Lauderdale FL -$193,885,367 9 New York NY -$185,052, Atlantic City NJ -$174,748, Avalon NJ -$165,956, Key Largo FL -$159,615, Brigantine NJ -$158,874, Mount Pleasant SC -$149,072, Jacksonville FL -$146,483, North Wildwood NJ -$138,435, Key West FL -$133,015, Freeport NY -$131,021, Milford City CT -$126,947, Mystic Island NJ -$125,508,045 FirstStreet.org 11
12 FIRST TREET F OUNDATION w001 "'be arealty-aand alemumity apeinctscoei From The Reality-Based Community Muria contact CarolynOFIrst51.- Media Contact Property Loss Heat Map Property Loss Heat Map Relative Property Loss Relative Property Lose Projection: USA Albers Equal Area Conic Prointlorc USA Akin Equel Arse Cork In Millions of Dollars by Zip Code In Millions of Dollars by Zip Code FirstStreet.org FirstStreetorg 12 12
13 FIRST F O U N D A T I O N From The Reanyand Reality-Based Caw Community WNW AP man cam Modla Media Contact Carolynorlrst$Zreetorg Florida: Top 5 Hardest Hit Cities 9% o 0, o co o u Jam err 0) S..? 47.,.L. (z) oo co ro rtr 4 v v i... v- <:\.:',0 o -- k co(tr *Z% I 6-159,615,296 I $493,885,367 I 5-243,968, ,568,100 $-337,167,465 Florida: Significantly Impacted Homes City: Sarasota Street Seagrape Dr Relative Value Loss: -$440,395 City: Hollywood Street: South Southlake Dr Relative Value Loss: -$341,268 City: South Daytona Street: Palmetto Ave Relative Value Loss: -$340,926 FirstStreetorg FirstStreet.org 13
14 FIRST STREET From /t001 The Resity-rand Reality-Based Coeteuirity Community sameactscom medb Media Contact J098 Carolyn.F1rstStreetorg Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Hollywood Street: South Southlake Dr < City: South Daytona Street: Palmetto Ave < City: Sarasota Street: Seagrape Dr [ < FlrstStreet.org FirstStreet.org 14
15 From The Reality-Based fy-land CreimodllY Community sainersitscrei Media Contact J098 Carolyn.F1rstStreetorg New Jersey: Top 5 Hardest Hit Cities c. CS C A, 0...s.) -5.9 co c}- 0-0 rti e '... rbfrf te c'cr' -' co $-165,956,129 -I $-174,748,706 $-208,644,351 I $-216,899,215 $-530,439,399 New Jersey: Significantly Impacted Homes City: Atlantic City Street: West Riverside Dr Relative Value Loss: -$199,463 City: Rumson Street: Waterman Ave Relative Value Loss: -$237,708 City: Ocean City Street: Haven Ave Relative Value Loss: -$138,100 s FirstStreet.org 15
16 wool From statty-aand CreimMY sainsflutscam The Reality-Based Community Mello Media Contact J098 CarolynOFIrstStreetorg Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Atlantic City Street: West Riverside Dr <1 Si City: Rumson Street: Waterman Ave < City: Ocean City Street: Haven Ave Depth of Flooding (foot) < FIrstStreetorg FirstStreet.org 16
17 From The Reality-Based fy-land aelegpmy Community sainsflutsciam Media Contact J098 Carolyn.F1rstStreetorig New York: Top 5 Hardest Hit Cities 91 S-55,311,290 S-84,151,225 i S-96,088,691 S-131,021,192 S-185,084,488 New York: Significantly Impacted Homes City: Mamaroneck Street: Greacen Point Rd Relative Value Loss: -$204,565 City: Rye City: Oceanside Street: Milton Rd Street: Weidner Ave Relative Value Loss: -$285,069 Relative Value Loss: -$100,346 S. FirstStreet.org 17
18 STREET mom itnitteaesed CoototoritY aseeereetseato From The Reality-Based Community Medb Coated J098 CarolyneFirstStreetorg Media Contact Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Rye Street: Milton Rd <1 n City: Mamaroneck Street: Greacen Point Rd < City: Oceanside Street: Weidner Ave <1 N FirstStreet.org FIrstStreet.org. a 18 18
19 /r001 From The Resity-rand Reality-Based Coeteuirily Community sameactscom medb Media Contact J098 Carolyn.F1rstStreetorg South Carolina: Top 5 Hardest Hit Cities O t- o V cry 5 c 0 0 co.1. b rtf.. (7) C. 0 41) A, O 0-2% -c- 4 2:31 o 0.4 4', < I $-32,492,470 $-48,641,515 $-90,490,822 I $-149,072,606 I $-266,217,606 South Carolina: Significantly Impacted Homes City: Charleston Street: Gibbes St Relative Value Loss: -$220,800 City: Charleston Street: Trumbo St Relative Value Loss: -$159,990 City: Charleston Street: Burningtree Rd Relative Value Loss: -$158,816 FirstStreetorg FirstStreet.org 19
20 wool From statty-aand CreimMY waits Sam The Reality-Based Community Mg Media Contact J098 Carolyn.F1rstStreetorig Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Charleston Street: Gibbs St < City: Charleston Street: Burningtree Rd < City: Charleston Street: Trumbo St Depth of Flooding (foot) < II13+ FirstStreetorg FirstStreet.org 20
21 FIRST C." Prom From The Roolty-onoci Reality-Based Coommooky Community aumormasam Media Contact 1 CarolynerlrstRreetorig Connecticut: Top 5 Hardest Hit Cities Illt S-53,765,126 1 S-63,655,791 S-86,913,506 1$-115,131, ,947,752 Connecticut: Significantly Impacted Homes City: Westport Street: Fairfield Ave Relative Value Loss: -S280,942 City: Norwalk Street: Rowayton Ave Relative Value Loss: -$279,557 City: Milford Street: Westland Ave Relative Value Loss: -$268,844 FirstStreetorg FirstStreet.org 21 21
22 From /t001 The Resity-rand Reality-Based Coeteuirily Community sameactscom modb Media Contact J098 Carolyn.F1rstStreetorig Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Milford Street: Westland Ave < City: Westport Street: Fairfield Ave < City: Norwalk Street: Rowayton Ave Depth of Flooding (foot) <1M s FirstStreetorg FirstStreet.org 22
23 From The Reality-Based fy-land CreimodllY Community sainersitscrei Media Contact J098 Carolyn.F1rstStreetorg North Carolina: Top 5 Hardest Hit Cities fat -co eb 0:) b ri;% 0) ex co Q o,-?, o -1/4- A. 00-2% o b0) Jt" 0 0 b 0 0 7: $-9,655,030 I $-12,348,984 I 5-16,199,217 I $-17,074,467 I $-19,574,077 North Carolina: Significantly Impacted Homes City: Belhaven Street: Tooley St Relative Value Loss: -S114,091 City: Wanchese Street: The Lane Relative Value Loss: -S107,955 City: Belhaven Street: E Pantego St Relative Value Loss: -$46,056 S. FirsiStreetorg FirstStreet.org 23
24 FIRST STREET areas From statty-aand CreimMY waits Sam The Reality-Based Community Mg Media corrtact Contact J098 Carolyn.F1rstStreetorg Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Belhaven Street: Tooley St < City: Wanchese Street: The Lane < City: Belhaven Street: E Pantego St < FlrstStreet.org FirstStreet.org 24
25 1From 1001 The Reality-Based fy-land CreimodllY Community sainersitsam Media Contact 1 Carolyn.F1rstStreetorig Maryland: Top 5 Hardest Hit Cities 'S :Lc?, C b e itr 0 ar..c.?, %... co (7.) (2)) 0 e. c).:s.' o "... et/ se e b tb e co 4., i ,940,924 I $-18,986,668 I $-20,395,073 el $-28,979,850 i $-38,056,766 Maryland: Significantly Impacted Homes City: Ocean City Street: Saint Louis Ave Relative Value Loss: -$328,569 City: Ocean City Street: 11th St Relative Value Loss: -S306,368 City: North Beach Street Annapolis Ave Relative Value Loss: -$281,193 FirstStreet.org 25
26 From /r001 The Reality-Based Resity-rand Commie?ly Community sameactscom medb Media Contact J098 Carolyn.F1rstStreetorg Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Ocean City Street: 11th St < City: North Beach Street: Annapolis Ave < City: Ocean City Street: Saint Louis Ave <1 ga FlrstStreet.org FirstStreet.org 26
27 FIVOI From The Reality-Based fy-land aelegpmy Community sainersissam Media Contact 1 Carolyn.F1rstStreetorg Delaware: Top 5 Hardest Hit Cities tit S-6,017,840 1 $-11,961,055 1 $-1 3,597,0 77 $-17,721,041 $-31,153,607 Delaware: Significantly Impacted Homes City: Rehoboth Beach Street: East Side Dr Relative Value Loss: -$481,258 City: Ocean View Street: Seaside Dr Relative Value Loss: -$296,351 City: Bowers Street: N Bayshore Rd Relative Value Loss: -S266,914 FirstStreet.org 27
28 Mesa From TheilaltpasalCoseitlemity Reality-Based Community w.e..11. Wie Cerdyn Media b Nitta Contact I re4yrionnitstreet.0 rg Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Rehoboth Beach Street: East Side Dr Depth of Flooding Ong ct City: Ocean View Street: Seaside Dr Depth of Flooding ((eet) <1 1-2 City: Bowers Street: N Bayshore Dr Depth of Flooding (teen al * FirstStreet.org Fl rststreetorg 28
29 1 11 From 1001 The Rai Reality-Based fy-land CreimodllY Community Made Media Contact 1 sainersitscrei I Carolyn.F1rstStreetorg Virginia: Top 5 Hardest Hit Cities At I $-5,458,834 I S-8,388,519 I S-40,423,005 1 S-55,515,241 I S-71,009,779 Virginia: Significantly Impacted Homes City: Norfolk Street: Yarmouth St Relative Value Loss: -$96,051 City: Virginia Beach Street Canal Rd Relative Value Loss: -$89,419 City: Norfolk Street: Richmona PI Relative Value Loss: -$72,414 FirstStreet.org 29
30 1 11 From 1001 The Rai Reality-Based fy-land CreimodllY Community Made Media Contact 1 sainersitscrei I Carolyn.F1rstStreetorg Virginia: Top 5 Hardest Hit Cities At I $-5,458,834 I S-8,388,519 I S-40,423,005 1 S-55,515,241 I S-71,009,779 Virginia: Significantly Impacted Homes City: Norfolk Street: Yarmouth St Relative Value Loss: -$96,051 City: Virginia Beach Street Canal Rd Relative Value Loss: -$89,419 City: Norfolk Street: Richmona PI Relative Value Loss: -$72,414 FirstStreet.org 29
31 FIVOI From The Rai Reality-Based fy-land CreimodllY Community Media Contact J098 sainersitscrei I Carolyn.F1rstStreetorg Massachusetts: Top 5 Hardest Hit Cities 91 I $-8,542,298 I $-10,164,006 I $-13,863,121 I $-16,428,605 I 5-35,895,360 Massachusetts: Significantly Impacted Homes City: Boston Street: Marginal St Relative Value Loss: -$425,329 City: Nantucket Street: Easy St Relative Value Loss: -$341,401 City: Salisbury Street: 10th Street West Relative Value Loss: -$281,362 FirstStreet.org 31
32 FIRST STREET n001 From The iespity-apsed Reality-Based cats Community sameeeutceen Media medb Contact J098 Carolyn.F1rstStreetorg Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Boston Street: Marginal St < City: Nantucket Street: Easy St <1 til City: Salisbury Street 10th St West < s FirstStreetorg FirstStreet.org 32
33 Prom From The Reality-Based Rooltifroone Commooky Community somoroascom Media Contact J098 Carolyn.F1rstStreetorig Mississippi: Top 5 Hardest Hit Cities 91 r 1 S-10,242,034 I S-15,260,206 I S-24,854,682 I 5-26,844,897 I 5-95,385,444 Mississippi: Significantly Impacted Homes City: Kiln Street: Pontiac Dr Relative Value Loss: -$216,374 City: Kiln Street: Shawnee St Relative Value Loss: -$221,450 City: Bay St. Louis Street: Deer Dr Relative Value Loss: -$204,993 FirstStreetorg FirstStreet.org 33
34 wool From aparty-aand CreimodllY media Media Contact sainersitscrei J098 The Reality-Based Community Carolyn.F1rstStreetorig Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Kiln Street: Pontiac Dr < City: Kiln Street: Shawnee St < City: Bay St. Louis Street Deer Dr Depth of Flooding (foot) <1 M FirstStreetorg FirstStreet.org 34
35 Froei From The anity-aass Reality-Based cats Community Samentacom Modla Media Contact 323.3E44309E4 CarolynerlrstStreetom Alabama: Top 5 Hardest Hit Cities 0 b aftr 0 ro 0 frx Ca i e.; 4. v 0 ot ".. Q.,-6% : 0 0 co -s,, cry 4 co i.0 (Pi I $-7,876,538 I $-15,670,263 I $-22,955,054 I $-25,869,168 I $-26,132,104 Alabama: Significantly Impacted Homes City: Gulf Shores Street: Windmill Ridge Rd Relative Value Loss: -$147,729 City: Dauphin Island Street: Bienville Blvd Relative Value Loss: -$132,417 City: Orange Beach Street: Marina Rd Relative Value Loss: -$112,123 FirstStreetorg FirstStreet.org 35
36 FIRST STREET wool From statty-aand CreimMY waits Sam The Reality-Based Community media Media Contact J098 Carolyn.F1rstStreetorig Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Gulf Shores Street: Windmill Ridge Rd < City: Dauphin Island Street: Bienville Blvd < IN3+ City: Orange Beach Street: Marina Rd Depth of Flooding (foot) <1 M FirstStreetorg FirstStreet.org 36
37 Froei From The Reality-Based Community Samelletacom CerolynerlrstStreetom The anity-aass aletawrily Media Modla Contact 323.3$ Maine: Top 5 Hardest Hit Cities I $-1,718,240 I S-2,246,849 I $-2,734,932 I 5-3,703,729 I 5-4,096,079 Maine: Significantly Impacted Homes City: Wells Street: Ocean Ave Relative Value Loss: -$204,034 City: Wells Street: North Tibbots Ave Relative Value Loss: -$200,210 City: Wells Street: Saints Place Relative Value Loss: -S195,516 FirstStreet.org FirstStreetorg 37
38 FIRST itreet From The Reality-Based Community w001 COMOWMY apennall cam Medla Contact Media Contact Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Wells Street: Ocean Ave < City: Wells Street: North Tibbetts Ave e< City: Wells Street: Saints Place < FirstStreet.org s FirstStreetorg. e e 38 38
39 FIVOI From The Reality-Based fy-land aelegpmy Community soinersitscom Media Contact 1 Carolyn.F1rstStreetorg Rhode Island: Top 5 Hardest Hit Cities I $-1,610,328 I S-2,763,125 I S-2,860,212 S-3,504,982 I S-4,016,780 Rhode Island: Significantly Impacted Homes City: Charlestown Street: Cove Dr Relative Value Loss: -5226,136 City: Narragansett Street: Arbeth Rd Relative Value Loss: -$188,931 City: Westerly Street: Breach Dr Relative Value Loss: -$150,303 FirstStreetorg FirstStreet.org 39
40 From /r001 The Reality-Based Resity-rand Coeteuirity Community sameactscom medb Media Contact J098 Carolyn.F1rstStreetorg Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Charlestown Street: Cove Dr < City: Narragansett Street: Arbeth Rd < City: Westerly Street: Breach Drive :J< s FIrstStreetorg FirstStreet.org 40
41 FIVOI From The Reality-Based Community sainersitscrei The fy-land CreimodllY Media Contact 1 Carolyn.F1rstStreetorg Georgia: Top 5 Hardest Hit Cities 9% b c ra b -.. e -& %Si b 0 0 /.4, cam IV It. 0 e 8) e / e,....z. i i gym,/ e cf coed. e / /.-R. I $-1,033,022 I $-1,123,946 I $-1,283,278 I$-1,947,081 I -2,590,010 Georgia: Significantly Impacted Homes City: Tybee Island Street: 14th St Relative Value Loss: -S20,432 City: Savannah Street Marsh Haven Ln Relative Value Loss: -$20,468 City: Richmond Hill Street: Mill Hill Rd Relative Value Loss: -$18,507 FirstStreetorg FirstStreet.org 41 41
42 FIRST STREET wool From statty-aand oreimmy spaismitscom The Reality-Based Community media Media Contact J098 Carolyn.F1rstStreetorig Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Tybee Island Street: 14th St < City: Savannah Street: Marsh Haven Ln <1 1B City: Richmond Hill Street Mill Hill Rd Depth of Flooding (foot) <1 M FlrstStreet.org FirstStreet.org 42
43 FIVOI From The RN Reality-Based fy-land aelegpmy Community sainersitscom Media Contact J098 Carolyn.F1rstStreetorg New Hampshire: Top 5 Hardest Hit Cities I $-55,644 $-112,501 -I 5-114,268-1$-235,150 $-7,944,032 New Hampshire: Significantly Impacted Homes City: Hampton Street: Page Ln Relative Value Loss: -S324,266 City: Hampton Street: Wall St Relative Value Loss: -S188,809 City: Hampton Street: Perkins Ave Relative Value Loss: -$137,128 FirstStreetorg FirstStreet.org 43 43
44 FIRST STREET nom From raynotty-aaord The Reality-Based ocemothy Community sainersitscom Media Contact J098 CarolynOFIrstStreetorg Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Hampton Street: Page Ln < City: Hampton Street: Wall St < City: Hampton Street: Perkins Ave <1 ga FlrstStreet.org FirstStreet.org 44
45 From The Reality-Based fy-land CreimodllY Community sainersitscrei Media Contact 1 Carolyn.F1rstStreetorg Pennsylvania: Top 5 Hardest Hit Cities /4. fat ,076 I $-79,210 I $-1,584,766 I 5-2,470,771 I $-3,042,366 Pennsylvania: Significantly Impacted Homes City: Ridley Park Street: East Ln Relative Value Loss: -S51,978 City: Bensalem Street: State Rd Relative Value Loss: -$47,782 City: Essington Street Jansen Ave Relative Value Loss: -538,332 FirstStreetorg FirstStreet.org 45
46 wool From apotty-aand criewidts, spinersitscom The Reality-Based Community media Media Contact J098 Carolyn.F1rstStreetorig Significantly Impacted Homes Tidal Flooding: Today Tidal Flooding: In 15 Years City: Ridley Park Street: East Ln < City: Bensalem Street: State Rd < City: Essington Street Jansen Ave Depth of Flooding (foot) <1M FirstStreetorg FirstStreet.org 46
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