Considering all that’s happening with climate change and the potential risk it brings to homeowners, you may be wondering if your house is in a flood zone. Whether you are a first-time homebuyer, looking to sell a vacation home, or simply a homeowner looking for some answers, you have the right and responsibility to find out.
Flooding is one of the most expensive natural disasters, causing damage to not only your house’s structure but your belongings. In fact, if your home floods just one inch, the damage can cost you upwards of $25,000. Flood damage can result from many environmental factors, such as hurricanes, a breached dam, severe storms, over-saturated ground from overflowing rivers, lakes, oceans, and more.
Whether you’re living in Vancouver, BC, or Miami, FL, floods can happen anywhere, and the number of homes at risk of flooding increases every year. However, many people across the nation aren’t sure what flood zone their home, or prospective home, is in and if they’re truly at risk. We’ll walk through how to check your home’s flood zone, what the different flood zones mean, and what you need to know if you’re buying or selling a house in a flood zone.
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