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1/11/2023

Will Global Warming Affect The Real Estate Market?

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Danbury Home Inspector
Climate change and global warming can affect the real estate market in several ways, and it may influence your decision to purchase a home. One of the most significant impacts is the increased risk of flooding, which can make some properties less desirable or uninsurable. The rising sea levels and extreme weather events associated with climate change also increase the risk of coastal properties being damaged or destroyed. Additionally, as temperatures continue to rise, the demand for homes in cooler regions may increase, leading to changes in housing prices and construction patterns. It could also affect the insurance and mortgage rates, a higher risk of natural disasters could mean home buyers would need to pay more for insurance, or that mortgages on certain homes will be harder to obtain.​

Possible impacts to a home's infrastructure could include:
  • HVAC - systems may need to be resized and could possibly have shorter lifespans. Certain refrigerants will be banned or phased out (like R22). Technologies, with government backing, will be subsidized or penalized (right now the use of heat pumps is being pushed instead of gas or oil heat).
  • Framing - supply chain issues can stall home building and renovation.
  • Roofing - UV may shorten the useful life of roof shingles. Solar technology will gain in popularity.
  • Water supply - some areas are experiencing drought. Wells that have functioned in the past may produce less water.
  • Flooding - other parts of the country will receive more rain than normal, or experience flash flooding. Previously dry basements will be wet.

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Allied Home Inspections LLC
Bethel CT. 06801
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(203) 515-6622​
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Servicing Bethel, Bridgewater, Brookfield, Cheshire, Danbury, Easton, Fairfield, Hamden, Kent, Middlebury, Monroe, New Fairfield,  New Milford, Newtown, Norwalk, Oxford, Redding, Ridgefield, Roxbury, Seymour, Shelton, Sherman, Southbury, Stratford, Trumbull, Warren, Weston, Westport, and Wilton Connecticut
  • Home
  • Contact
  • About Me
  • Unbiased
  • References
  • Radon Testing
  • Water Testing
  • FAQ
  • Info and tips
    • Blog
    • 15 Tools Every Homeowner Should Own
    • 10 Ways To Save Energy
    • Abrasive Blasting for Mold Remediation
    • Acid Rain
    • Adjustable Steel Columns
    • Advantages of Solar Energy
    • Aging in Place
    • Aluminum Siding
    • Aluminum Wiring
    • Ants
    • Anti-Scald Valves
    • Arc-Fault Circuit Interrupters (AFCIs)
    • Asbestos
    • Asbestos in Vermiculite
    • Attic Pull-Down Ladders
    • Average Home Inspection Cost
    • Backdrafting
    • Backflow Prevention
    • Barbeque Safety
    • Basement Waterproofing
    • Bathroom Vents
    • Bats
    • Bed Bugs
    • Bethel Home Inspector - Allied Home Inspections LLC
    • Biological Pollutants
    • Brookfield Home Inspector - Allied Home Inspections LLC
    • Bug Zappers
    • Building a Home
    • Building Cavities Used as Supply or Return Ducts
    • Buying a Foreclosure
    • Carbon Monoxide
    • Carpeted Bathrooms
    • Central Humidifiers
    • Central Vacuum
    • Central Air-Conditioning Systems
    • Child-Proofing
    • Chinese Drywall
    • Clothing Moths
    • Collar Ties
    • Condensation in Double-Paned Windows
    • Crumbling Foundations in CT
    • Danbury Condo Inspector - Allied Home Inspections LLC
    • Danbury Home Inspector - Allied Home Inspections LLC
    • Electrical Conductor Types
    • Electric Heat and Condensation
    • Electrical Panels
    • EMFs in the Home
    • Energy Conservation
    • Energy-Efficient Houses
    • Engineered Wood Flooring
    • Exterior Design Features
    • Factory-Built Fireplaces
    • Fairfield Home Inspector - Allied Home Inspections LLC
    • FHA Loan Basics
    • Fire Safety
    • Foreclosures
    • Foreclosure Inspections
    • Formaldehyde
    • Foundation Insulation
    • Galvanic Corrosion
    • Galvanized Pipe
    • Garages
    • Garage Doors and Openers
    • Garage Fire Containment
    • GFCI's
    • Gutters
    • Home Inspection: An Overview
    • How To Choose a Home Inspector
    • Ice Dams
    • Infrared Inspections
    • Insulation
    • Internships for Home Inspectors in Connecticut
    • Knob and Tube
    • Links and Resources
    • Manufactured Homes
    • Newtown Home Inspector - Allied Home Inspections LLC
    • New Milford Home Inspector - Allied Home Inspections LLC
    • Oil Burners
    • Plumbing Terms
    • Ridgefield Home Inspector - Allied Home Inspections LLC
    • Roofing
    • Scope of a Home Inspection
    • Sealing / insulating
    • Septic
    • Siding and Insects
    • Stamford Water Contamination
    • Termites
    • Tips For Home Sellers
    • Tips On Finding A Home Inspector
    • Tips To Crush Your Home Inspection
    • Typical Inspection
    • Underground Oil Tanks
    • Vinyl Siding
    • Water Quality
    • Water Softeners
    • Water Softener Backwash
    • Water Wells