How Flooding Will Affect DC-Area Residences In the Coming Years
✉️ Want to forward this article? Click here.
On Monday, a month's worth of rain fell in a couple hours in the DC region resulting in flooded roads and stranded motorists, and providing a palpable sense of how susceptible the area is to flooding.
Last year, the Union of Concerned Scientists (UCS) released a report that examined how many U.S. properties would be affected by "chronic" flooding as sea levels continue to rise. In the DC region, the conclusions were sobering.
"Underwater: Rising Seas and the Implications for US Coastal Real Estate" shows that upwards of 300,000 homes along the coasts are at risk of chronic flooding within the next 30 years. By 2100, as many as 2.4 million homes with an aggregate value of $912 billion could be at risk.
In the DC region, 283 homes in Alexandria (out of a current total of 41,616) will be susceptible to chronic flooding by 2100, leading to property value losses of $323 million. For the entire state of Maryland, there could be 68,183 homes susceptible to chronic flooding at a loss of $21 billion; in Virginia, the tally would be 114,940 homes at a loss of $30.8 billion.
story continues below
loading...story continues above
While DC proper won't see effects from flooding on the same scale as Maryland or Virginia, measures are already being taken in anticipation of the rising water. In April, Eleanor Holmes Norton introduced a bill amending the Coastal Zone Management Act of 1972 to designate DC as a "coastal state". If this bill passes, the designation would make DC eligible to receive federal funding and grants for coastal flood protection.
See other articles related to: flood zone, flooding in dc
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/how-flooding-will-affect-dc-area-residences-in-the-coming-years/15632.
Most Popular... This Week • Last 30 Days • Ever
A look at the closing costs that homebuyers pay at the closing table.... read »
3331 N Street NW sold in an off-market transaction on Thursday for nearly $12 million... read »
In this article, UrbanTurf will explore the considerations and steps involved in buyi... read »
The most expensive home to sell in the DC region in years closed on Halloween for an ... read »
Paradigm Development Company has plans in the works to build a 12-story, 110-unit con... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro